Search: financial focus

OpenAI has released a preview of its new personal finance suite in ChatGPT to Pro users based in the United States. The "new personal finance experience" enables user to connect their financial accounts, see a dashboard of where their money is going and ask ChatGPT questions relating to their financ

The Financial Conduct Authority (FCA), Bank of England and HM Treasury have issued a joint warning that frontier artificial intelligence models now pose a materially heightened cyber threat to regulated firms, and have set out clear expectations on how the sector should respond. In a joint statement

UK financial firms can now move forward with tokenisation and distributed ledger technology (DLT) with greater confidence, following a joint announcement from the Financial Conduct Authority (FCA) and the Bank of England setting out a shared vision for the future of wholesale markets.

Broadridge Financial Solutions, a US-based fintech company, has opened an office in Glasgow to help financial services companies achieve operational resilience at a time of geopolitical tensions. As a provider of business process outsourcing (BPO) services it has launched with a global investment ba

Jamie Marshall puts forward the case that tokenised funds represent a historic opportunity for Scotland's fund management sector to cement its position as a global leader in financial innovation, but warns that the window to act is closing and decisive industry adoption is essential to not lose grou

Edinburgh-headquartered Brodies has appointed Jonathan Lee as its new chief financial officer. Mr Lee will join the operational leadership team, bringing with him more than two decades of experience in financial services. Prior to joining the firm, he was director of finance and investment operation

The Financial Conduct Authority (FCA) has launched a formal investigation into three of the world's largest payments companies – Mastercard, Visa and PayPal – over suspected anti-competitive conduct linked to the funding and usage of PayPal's digital wallet in the UK.

Scottish Financial Enterprise chief executive Sandy Begbie has urged the new Scottish Government to put economic growth at the heart of its agenda. In a wide-ranging interview with Daily Business ahead of the new parliamentary term, Mr Begbie warns that Scotland cannot afford another five years of t

The Financial Conduct Authority has launched a market-wide review into claims management companies (CMCs) and law firms, citing mounting concerns that consumers are being let down by aggressive marketing, misleading advertising and unfair exit fees.

The Bank of England (BoE) and the Financial Conduct Authority (FCA) are at loggerheads over proposals to ease capital requirements for specialist trading firms, such as Citadel Securities, Jane Street and Hudson River Trading. The dispute was triggered by plans outlined by the FCA at the end of last

The Financial Conduct Authority (FCA) has launched a consultation on scrapping rules that govern the publication of research during initial public offerings (IPOs), in a move designed to make London a more attractive listing venue and reduce friction in the capital-raising process.

The Financial Conduct Authority (FCA) has led international action to stop illegal finfluencers putting consumers' money at risk. 

Bad debt and late payment are hammering Scottish SMEs' cashflow and profitability, according to new data from Bibby Financial Services (BFS). BFS’s latest SME Confidence Tracker revealed that 39% of Scottish SMEs, equating to around 139,000 businesses, experienced bad debt in the past 12 month

New official figures published by Accountant in Bankruptcy (AiB) show a marked deterioration in both personal and corporate financial distress across Scotland in the first quarter of 2026, with insolvencies rising significantly compared with the same period a year ago. There were 2,003 personal inso

The Financial Conduct Authority (FCA) has revealed the second group of firms selected to participate in its AI Live Testing initiative, with eight companies, including Barclays, Experian, Lloyds Banking Group (Scottish Widows), and UBS, chosen to trial AI applications in real-world conditions.