Steve Thurley

The British Business Bank has agreed an ENABLE Guarantee transaction of up to £300m with Close Brothers Asset Finance, unlocking fresh lending capacity for smaller UK businesses. Find out more at: https://lnkd.in/e8a_CPzz #CloseBrothers #AssetFinance #BritishBusinessBank #ENABLEGuarantee #SMEFinance

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Jack Henry acquires Victor Technologies to boost PaaS offering Victor was created by Jack Henry client MVB Bank in 2021, and enables banks to offer embedded payment services to fintechs and commercial customers. https://lnkd.in/ebHfjvJH

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Pleased to see the Government’s new Financial Services Growth and Competitiveness Strategy, recently announced by Rt Hon Rachel Reeves, set out an opportunity for UK fintechs. According to the Checkout.com Global Trust Index (https://lnkd.in/e7FaJse2) the UK scores 8.6 for trust in the future growth of digital payments – a strong indicator of confidence in the market. By building a more collaborative, trusted, and high-performing ecosystem, the UK can strike the right balance between innovation and regulation, protecting consumers, building trust in the system that allows innovative to flourish and simplify experiences. Credit to Katie Ramsey and the teams at the Department for Business and Trade. It’s a step forward in championing fintech innovation here in the UK.

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If you ever question why collaboration pays, look at this result: advocacy groups from the #payments industry including UK Finance and The Payments Association have prevented well-meaning but disproportionate regulators from imposing 'creative' but what would have been seriously damaging changes to safeguarding regulations in the UK. The team at Travers Smith led by Natalie Lewis and Matt Humphreys highlight this outcome in their article, explaining how the changes being made will mean EMIs and PIs can continue to compete on a level playing field. World class collaboration. Riccardo Tordera-Ricchi Robert Courtneidge Mitch (Munish) Trehan Neil Harris Jana Mackintosh Nuala Jackson Sophie Boissier Ben Agnew Tom Brewin https://lnkd.in/evjedX7H

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𝗢𝗽𝗲𝗻 𝗳𝗶𝗻𝗮𝗻𝗰𝗲: 𝘂𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝘀𝗺𝗮𝗿𝘁𝗲𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗨𝗞 We’re entering a pivotal phase in the UK’s open finance journey — one that moves beyond theory into tangible delivery. This year, we’ve actively engaged stakeholders and built a robust evidence base. Our latest research note, drawing on work by KPMG and Europe Economics, explores the current state of open banking and open finance in the UK. We’ve also launched two new TechSprints to accelerate innovation and shape the roadmap ahead. The sharing of financial data is already underway — but we’re pushing further. Through our sandbox, we’re exploring how smart data can enrich real-world testing environments. That’s why I’m pleased to announce our new partnership with @Raidiam, who will provide stable, production-grade sandbox access to support experimentation and scale. This work aligns with our 5-year strategy and the UK’s ambition to lead globally in open finance. It’s about anchoring confidence for industry investment, enabling leadership and coordination, and building on the momentum we’ve seen with Variable Recurring Payments. 🔗 Learn more about our partnership, the TechSprints, and how to get involved: https://lnkd.in/e2Dqz37y #FCAGrowth #SmartDataAccelerator #FinancialRegulation Colin Payne Matt Lowe Simran Singh Jasmin De Freitas Simone Plances Jessica Rusu Matthew Long Kate Collyer

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