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UK’s NS&I bank transformation programme lambasted as “full spectrum disaster”

February 16th 2026

The UK’s Public Accounts Committee (PAC) has issued a damning report on the spiralling costs of a bank transformation programme by the Treasury-backed National Savings and Investment (NS&I) bank.

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UK’s NS&I bank transformation programme lambasted as “full spectrum disaster”

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X to launch crypto and stock trading

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Production-ready bank AI vendor Uptiq secures $25 million in funding

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UK’s NS&I bank transformation programme lambasted as “full specturm disaster”

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Global fintech investment rebounds in 2025, supported by stronger exit activity

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Q-day: bank quantum attack could cost US economy trillions, warns Citi

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Goldman Sachs enlists Anthropic for accounting and compliance AI agents

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Boerse Stuttgart agrees to merge crypto unit with tradias

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Stripe in ‘no rush’ to go public, plan to increase valuation to $140 billion

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Bank of Ireland saved customers €9.7 million by using AI to detect fraud in card payments

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SoftBank’s PayPay files for US initial public offering

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Stripe in ‘no rush’ to go public, plant to increase valuation to $140 billion

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Google brings agentic shopping to AI search

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Alipay reports surge in agent payments

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Coinbase unveils agentic wallets

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Taurus and Blockdaemon bring staking to institutional banking

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Digital savings and mortgage platform Tembo raises £16 million

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HSBC wins Government tender for digital gilts pilot

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Financial compliance vendor Bretton AI raises $75 million

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London fintech Bracket raises $7 million

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