News and insight

The UK Finance press office provides industry comment, information and data on banking and finance issues. We have a wide range of spokespeople available to speak to the media.

Journalists and media outlets can contact the press office on 020 7416 6750 or email press@ukfinance.org.uk. A duty press officer is always available via the same contact details for out of hours queries.

We are unable to deal with individual customer queries. Please contact your finance provider directly.

 

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Getting your approach to AI right: Business Advice for Financial Services Organisations

07.03.24

Blog

Getting your approach to AI right: Business Advice for Financial Services Organisations

I have never seen quite as much interest and engagement at boardroom level in a new technology, as we are seeing with AI and more recently, generative AI, which refers to a subset of artificial intelligence and deep-learning models that can generate high-quality text, images, and other content based on the data they were trained on.
UK Finance response to the Spring Budget

06.03.24

Press release

UK Finance response to the Spring Budget

Responding to the chancellor's Spring Budget delivered today, David Postings, Chief Executive of UK Finance, said:
AI In Credit Risk: Learnings from Steve Finlay and Joe Breeden

06.03.24

Blog

AI In Credit Risk: Learnings from Steve Finlay and Joe Breeden

In a recent webinar, I was joined by credit risk experts, Dr. Steve Finlay and Dr. Joe Breeden, to discuss all things AI and machine learning in credit risk.
Monthly Economic Insight - March

05.03.24

Economic Insight

Monthly Economic Insight - March

Ahead of the March 6th Budget there has been good news and bad news – the news on the public finances was better than expected. But first estimates of the UK economy’s performance at the end of 2023 prompted headlines announcing recession. We’ll look at the detail, how sectors have performed since the pandemic, and how the UK stacks up internationally.
Stay secure in 2024

05.03.24

Blog

Stay secure in 2024

How 2023’s Financial Services Cyber Threat Intelligence can support your cyber security strategy in 2024.
Chief Executive Newsletter - February 2024

29.02.24

Chief Executive Newsletter

Chief Executive Newsletter - February 2024

This month we published UK Finance’s 2024 Business Plan. This sets out our advocacy and policy priorities for the year ahead and includes our mission to Build a Better Society.
The Power of Collaboration: The Crucial Role of Collaborative Partnerships in SME Finance

29.02.24

Blog

The Power of Collaboration: The Crucial Role of Collaborative Partnerships in SME Finance

In the intricate tapestry of the financial world, partnerships between lenders and brokers have emerged as a driving force, creating a ripple effect that resonates across industries.
Navigating the road to operational resilience: A critical milestone for financial firms

28.02.24

Blog

Navigating the road to operational resilience: A critical milestone for financial firms

The regulatory environment, as outlined in supervisory statement SS1/21 (Operational resilience: Impact tolerances for important business services), mandates that by March 2025, financial institutions must demonstrate their ability to remain within impact tolerances for all their important business services (IBS).
How understanding human behaviour is key to effective prevention of APP fraud

27.02.24

Blog

How understanding human behaviour is key to effective prevention of APP fraud

Authorised Push Payment (APP) scams are a major source of fraud losses and banks can use insight into human behaviour to reduce these.