PYMNTS

DECEMBER 28, 2020

In today’s top news in digital-first banking, financial regulators in China are moving to check the influence of Jack Ma’s Ant Group, while the second pilot of a digital yuan by the People’s Bank of China has concluded. Plus, a Brexit deal has been reached between the United Kingdom and the European Union.

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PYMNTS

MARCH 11, 2020

With a continuation of its global expansion, small business accounting software maker FreshBooks has rolled out in the United Kingdom. The firm is also rolling out a new set of functions geared toward Biritsh business needs, Accounting Today reported. per news in December.

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Software Taxes Compliance Meeting 130

PYMNTS

DECEMBER 17, 2020

In today’s top payments news around the world, British FinTech GoCardless has landed $95 million in a Series F funding round, while Australian buy now, pay later (BNPL) firm Openpay has officially launched in the U.S. UK FinTech GoCardless Raises $95 Million Led By Bain. Tencent-Backed WeDoctor Still Planning Huge IPO By February.

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Fintech US Payments United States 142

PYMNTS

OCTOBER 12, 2020

In today’s top payments news around the world, China’s central bank is issuing $1.5 watchdog proposed that the nation considers creating a new regulatory unit. UK Weighs New Regulatory Unit to Police Tech Firms. million of digital currency to 50,000 people chosen by lottery, while a U.K.

Regulation 134

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PYMNTS

DECEMBER 3, 2018

As GDPR continues to take root, having an impact in Europe and beyond the confines of the continent, news came late last month that the European Data Protection Board has published draft guidelines that touch on the data protection regulation’s territorial scope. million users had accounts in the United Kingdom. Within the U.K.,

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Guidelines blockchain Data Regulation 172

PYMNTS

NOVEMBER 12, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest results from China’s massive eCommerce spectacular, and eBay’s new bid to get inside consumers’ homes. SoftBank sets its mobile unit IPO, U.K. SoftBank’s $21 Billion Mobile Unit IPO Slated For December.

Apple 108

Apple ATM Samsung Mobile 108

PYMNTS

JUNE 19, 2020

Swedish telecom giant Ericsson said the United Kingdom could lose out on the newest fifth-generation (5G) wireless network because of government rules that are making it expensive and inefficient to install, Bloomberg News reported. was late in adopting 4G and largely missed the economic opportunity that came with it.

Policies 144

Policies Operations Meeting Report 144

PYMNTS

JANUARY 12, 2021

In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C funding round, while Pakistan has debuted a government-run instant digital payment infrastructure. Plus, Delivery Hero is launching an early-stage venture capital (VC) firm. and the World Bank.

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PYMNTS

APRIL 23, 2020

The United Kingdom’s regulator approved Takeaway.com’s purchase of rival Just Eat on Thursday (April 23). After interrogating how this deal is likely to affect the UK market, we are satisfied that there are no competition concerns,” said Colin Raftery, senior director of mergers at the CMA, in a statement. billion ($7.7

Online 150

Online Regulation Marketing Company 150

PYMNTS

DECEMBER 4, 2020

SellersFunding Expands Working Capital Services To Canada, UK, EU. SellersFunding , which works in integrated financial services, has announced an expansion of its scope to sellers in other countries like Canada, the United Kingdom and the European Union, according to a press release. Penta Offers Digital Accounting, Receipt Services.

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Taxes Capital Company Regulation 153

PYMNTS

JANUARY 19, 2021

In today’s top payments news around the world, the United Kingdom is looking to crack down on firms that take too long to pay suppliers, while Grab is said to be mulling a U.S. UK To Require Companies To Pay Small Businesses In 30 Days. initial public offering (IPO).

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US Payments Resources National 133

PYMNTS

APRIL 16, 2018

business is creating a venture capital-type unit. According to news from Reuters , Barclays has been having a tough time boosting growth in the U.K. and is launching Barclays UK Ventures to turn that around. The unit will be led by Ben Davey, former head of Barclays group strategy. banks starting Jan. reports said.

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Capital Strategy Innovation Operations 122

PYMNTS

DECEMBER 10, 2020

In today’s top payments news around the world, Xoom is now offering clients in the U.S., UK Gov’t Asks For Input On VAT Challenges Created By The Sharing Economy. HM Treasury, the United Kingdom’s economic and finance ministry, is looking for input on the challenges that the sharing economy makes for VAT. Canada, Europe and U.K.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

DECEMBER 7, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms.

Apple 143

Apple Regulation Taxes Marketing 143

PYMNTS

AUGUST 22, 2019

In Latin America, news comes this week that Santander Group is boosting its use of Ripple’s technology to aid payments across what CoinDesk reported is a “payment corridor” in Latin America. and Spain send money to the United States across One Pay FX. One Pay FX has been deployed thus far by the bank in Brazil, UK, Spain and Poland.

America 212

America United States Bitcoin cryptocurrency 212

PYMNTS

JUNE 18, 2020

Meanwhile, the Financial Conduct Authority , an independent financial regulatory body in the United Kingdom, has moved its SCA compliance date to September of next year, in part, due to the mayhem caused by COVID-19. . UK Finance is a trade association for the U.K. banking and financial services sector.

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Groups Regulation Fraud Security 131

PYMNTS

SEPTEMBER 8, 2020

In today’s top news, B2B cross-border payments network Thunes raised $60 million, and Klarna debuted a redesigned app for its U.K. Klarna Debuts Social Shopping in UK. Klarna, the global payments and shopping service based in Sweden, has redesigned its app for users in the United Kingdom.

Payments 141

Payments California Apple Video 141

FICO

SEPTEMBER 5, 2022

The United Kingdom and the Nordic region continue to lead Europe in terms of digital transformation and fraud loss reduction - but non-card scams are rising fast. The United Kingdom and the Nordic region continue to lead Europe both in terms of digital transformation and fraud loss reduction. UK Posts Largest Reduction in Fraud Losses.

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Fraud Cards Regional Trends 52

PYMNTS

OCTOBER 1, 2020

In today’s top payments news around the world, the United Kingdom may clamp down on late payments to suppliers, while South Korean FinTech Kakao Pay is reportedly gearing up for an initial public offering (IPO). UK Cracks Down On Late Payments To Suppliers. Plus, SWIFT rolled out a services for low-value international payments.

Payments 130

Payments Fintech Google Financial Technology 130

PYMNTS

JANUARY 2, 2020

“We are in contact with the firm over the issue and expect them to treat affected customers fairly,” said the UK Financial Conduct Authority (FCA). Travelex is owned by Finablr , which is publicly traded in London and is based in the United Arab Emirates. London markets were already closed when news of the attack hit.

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Retail System Data Software 131

PYMNTS

OCTOBER 1, 2020

In today’s top news, SWIFT launched a service for low-value cross-border payments, and the U.K. SWIFT, a global provider of secure financial messaging, announced a new service Thursday (Oct. SWIFT, a global provider of secure financial messaging, announced a new service Thursday (Oct. The company is likely to be valued at $8.5

Payments 172

Payments Operations Fintech Compliance 172

PYMNTS

FEBRUARY 27, 2020

Lucy Dimes, group business transformation officer at Virgin Money UK, told Sky News that closing branches “is never taken lightly.” “The decision by Lloyds Banking Group to cut the equivalent of 780 staff from its branches is yet more evidence of the bank’s ‘profits over people’ culture.”.

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Groups Taxes Branding Digital Banking 131

PYMNTS

AUGUST 18, 2017

The Financial News reported news that John Crompton spent more than 20 years with Morgan Stanley in roles across London, New York and Hong Kong, including co-head of ECM for Europe, the Middle East and Africa. He left in June 2016 due to an overhaul of the bank’s global banking unit.

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Capital New York Fintech Marketing 100

PYMNTS

MAY 6, 2020

Two United Kingdom cinema chains are hoping to raise the curtain at movie theaters by mid-July to begin to recoup losses from the COVID-19 pandemic, the Financial Times reported.

Operations 131

Operations Washington Survey Regulation 131

PYMNTS

APRIL 2, 2018

Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. Sandboxes are finding their way into the FinTech arena in the United States. International Innovation, With a UK Focus. UK Finance will look for alternative solutions focused on resolving those disputes.

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United States social media Arizona cryptocurrency 110

PYMNTS

JUNE 18, 2020

In today’s top news, U.S. casinos are moving toward cashless gambling, and Visa and Mastercard lost their bid to assess fees on retailers in the United Kingdom. Mastercard And Visa Lose Legal Round In The UK Over Swipe Fees. US Casinos To Go Cashless, Citing Pandemic Fears. and Mastercard Inc.

US 141

US Google Payments Washington 141

PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Guidelines From The UK. In the United States, sandboxes are grabbing a bit of headline space. and MarketInvoice. Here In The States.

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Community Bank Community Fintech Arizona 183

Chris Skinner

APRIL 2, 2017

GulfTech is the next big thing I’ve just returned from the United Arab Emirates (UAE) where there were a number of events. The UK has seen 1 in 10 bank branches disappear over the last two years whilst the USA is seeing a similar trend, albeit at a slower … How to make your startup a success You have an idea.

San Francisco 164

San Francisco New York Conference Maine 164

PYMNTS

SEPTEMBER 6, 2019

The United Kingdom may grab the headlines when it comes to late payments , but the trend is on the rise in other countries too — including New Zealand. As reported by the New Zealand Herald , a study by illion found that more big businesses have been paying their bills late. Back to the UK. days — down 20.5

Payments 116

Payments Capital Study Survey 116

PYMNTS

NOVEMBER 29, 2019

The company owns seven football clubs across the globe, spanning China, Japan, Australia, the United States and the UK. Manchester City should not be confused with Manchester United, a rival team. The 10 percent stake, with a purchase price of 389 million pounds, puts the value of City Football Group at the equivalent of $4.8

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Groups United States National US 150

PYMNTS

JANUARY 19, 2021

In today’s top news, LendingClub gets approval to acquire Radius Bancorp, and GDPR fines have escalated as European regulators step up enforcement. UK To Require Companies To Pay Small Businesses In 30 Days. And Plaid plans to double the size of its European offices. LendingClub Gets OK To Acquire Radius Bancorp.

DC 142

DC Payments Fraud Regulation 142

PYMNTS

NOVEMBER 1, 2019

In today’s top payments news, Japan’s instant credit startup Paidy notched $143 million in a Series C extension funding round. Also, legislators in the United Kingdom want a mandatory 24-hour waiting period on all first-time payments between bank accounts as a way to reduce fraud.

Payments 100

Payments Lending Fraud Capital 100

PYMNTS

AUGUST 12, 2020

In today’s top news, the impact of the pandemic has hit the U.K. COVID Hits UK Economy Harder Than Other Developed Economies. The impact of the coronavirus in Europe hit the United Kingdom especially hard. The impact of the coronavirus in Europe hit the United Kingdom especially hard. American Express Co.

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Payments Tools Online Software 130

PYMNTS

JULY 4, 2019

. Scrutiny of big tech – specifically firms such as Facebook and Google – seems likely to heat up in the United Kingdom. News came this week that the UK’s Competition and Markets Authority, per disclosure Wednesday, is debuting a new study that would look at the dominance larger tech firms have over sectors such as advertising.

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Study Google Online Data 108

PYMNTS

AUGUST 4, 2017

Pi UK Bidco Limited — a newly incorporated company jointly-owned and managed by American multinational private equity firm Blackstone and private investing consulting firm CVC — announced it has reached an all-cash agreement to acquire online payments company Paysafe.

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Online Innovation Payments Capital 108

SWBC's LenderHub

OCTOBER 10, 2016

Did you know that the United Kingdom has the fifth largest Gross Domestic Product (GDP) in the world, and the GDP of the remaining European Union countries combined is the world’s third largest? The European Union, including the United Kingdom, accounts for the world’s second largest GDP. Treasuries and German Bunds.

Marketing 60

Marketing 60

SWBC's LenderHub

OCTOBER 10, 2016

Did you know that the United Kingdom has the fifth largest Gross Domestic Product (GDP) in the world, and the GDP of the remaining European Union countries combined is the world’s third largest? The European Union, including the United Kingdom, accounts for the world’s second largest GDP. Treasuries and German Bunds.

Marketing 60

Marketing 60