FSTech

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Over £27m lost to FX and crypto scams

The Financial Conduct Authority (FCA) and Action Fraud have warned the public to be wary of investment scams carried out via bogus online trading platforms. This comes as crypto assets and forex investment scams reports more than tripled last year…

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Half of businesses lack necessary AI skills

More than half of businesses do not have the right in-house skills to execute their artificial intelligence (AI) strategy, despite 93 per cent being “fully invested” in AI, according to new research from SnapLogic. A survey of 300 IT decision-makers…

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Half of businesses lack AI necessary skills

More than half of businesses do not have the right in-house skills to execute their artificial intelligence (AI) strategy, despite 93 per cent being “fully invested” in AI, according to new research from SnapLogic. A survey of 300 IT decision-makers…

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Wagestream raises £15m from FinTech backers

Wagestream has secured £15 million in its latest funding round from Balderton Capital and Northzone, taking total fundraising to £40 million.The social impact FinTech aims to fight payday poverty by allowing employers to offer workers the option to draw down…

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Digital transformation outstrips cyber defences

The fast pace of digital transformation is outstripping the cyber security capabilities of UK businesses, according to a new report from KPMG. A survey of more than 1,800 chief information security officers (CISOs) and 2,000 consumers – including 100 CISOs…

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Monzo hits two million customer milestone

Monzo has hit the milestone of two million customers today, with more than £10.7 billion spent through its banking app since the launch of its debit card service in 2015. More than £2.9 million is sent between users with Monzo…