The latest results from grocery delivery startup Zapp reveal staff count was cut by around 90%, driving a major reduction in losses for last year www.uktech.news/foodtech/gro...
Losses at the London-based rapid grocery delivery startup Zapp were slashed dramatically in 2023 following a slew of cost-cutting measures.
'Their silence says it all': Revolut demands social media firms take responsibility for online fraud. The fintech giant called for Meta and others to be made liable to reimburse scam victims in cases that originate on their platforms. www.uktech.news/fintech/revo...
Revolut has blasted measures from Meta to tackle fraud as ‘baby steps’ as the fintech demands it be made liable to reimburse victims.
Starling Bank has been handed a £29m fine from the FCA due to the fintech breaching screening requirements for "high-risk" accounts www.uktech.news/fintech/star...
Starling Bank has been fined £29m by the UK financial watchdog for failings in its financial sanctions screening system.
The first-ever conviction for operating illegal crypto ATMs in the UK has taken place. Olumide Osunkoya operated a network of at least 11 crypto ATMs, processing more than £2.6m from 2021 to 2023. www.uktech.news/crypto/crypt...
The operator of a network of illegal crypto ATMs has pleaded guilty in Westminster Magistrates Court in the first UK conviction of its kind.
In September, UKTN hosted a roundtable of policymakers, startups, professional services firms and tech trade associations to discuss AI safety priorities following the summits held by the UK government www.uktech.news/ai/the-uktn-...
In September 2024, UKTN hosted a roundtable discussion on the topic of AI Safety in partnership with Shoosmiths and KPMG.
Hi all, Musk finally broke me so giving it a go here, follow if you're interested in tech, business and UK policy journalism 👋
🚨BNPL regulation is coming "soon" according to City Minister Tulip Siddiq who at the Labour Party Conference told UKTN of the "black hole of debt" faced by its most vulnerable users www.uktech.news/news/governm...
New regulation governing BNPL is coming “soon” as City Minister Tulip Siddiq warns of a “black hole of debt caused by the technology.