Inside FinTech blog

On 14 August 2025, the Bank of England (BoE) added two new webpages: The National Payments Vision and The Vision Engagement Group.

Agentic AI brings the promise of AI making a range of decisions autonomously. It has been proposed as the way forward for some of the most impactful decisions in our lives: interacting with customers and actioning requests, triaging requests for medical appointments, and hiring candidates — to name a few.

The Data (Use and Access) Act (DUAA) received Royal Assent on 19 June 2025. The DUAA enacts the changes to the UK’s data protection regime that have been contemplated since the Data: a new direction consultation in 2021.

On 21 July 2025, HM Treasury published a report which outlines the Office of Financial Sanctions Implementation’s (OFSI) assessment of threats to sanctions compliance involving UK cryptoasset firms since January 2022.

On July 23, 2025, the White House released a sweeping new policy framework titled “Winning the AI Race: America’s AI Action Plan” (the “Plan”), describing the federal government’s approach to artificial intelligence (“AI”).

Over the past month, the SEC has taken a mixed approach to crypto exchange-traded products signaling both openness and ongoing caution. Through its public statements, delayed approvals, and procedural stays, the agency is clearly evaluating how crypto funds are structured and brought to market

Regulated financial services sector firms in the Abu Dhabi Global Market (ADGM) have six months to comply with the new Cyber Risk Management Framework announced by the Financial Services Regulatory Authority (FSRA) on 29 July 2025.

On 29 July 2025, the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) announced the implementation of a new Cyber Risk Management Framework that will apply to financial sector firms under its supervision.

The European Banking Authority (EBA) is currently consulting on its draft guidelines on the sound management of third party risk (Draft Guidelines), which are intended to replace the 2019 guidelines on outsourcing arrangements (2019 Guidelines).

The financial services sector is becoming increasingly reliant on cloud service providers (CSPs) to fulfil its growing data processing and storage needs. Financial services providers in the United States have reportedly had the highest levels of adoption, operating 54% of their workloads in the cloud; and according to the European Central Bank, banks spent 13.5% more on cloud outsourcing in 2024 than in 2023.