Brexit

Eleven Banks Cleared For Piece Of $1B RBS Fund
Eleven Banks Cleared For Piece Of $1B RBS Fund
December 21, 2018  |  B2B Payments

Eleven banks have been granted access to a £350 million ($443 million USD) program that will allow for them to take business clients away from...

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Global Economic Uncertainty May Affect Final Lap Of US Holiday Shopping Season
Global Economic Uncertainty May Affect Final Lap Of US Holiday Shopping Season
December 19, 2018  |  Retail

Even though it’s off to a strong start, troubles in Europe and a global consumer slowdown could adversely affect the final stretch of the holiday...

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SEC Head Begs EU, UK To Stabilize Post-Brexit Plan
SEC Head Begs EU, UK To Stabilize Post-Brexit Plan
December 18, 2018  |  Regulation

Jay Clayton, the chief of the U.S. Securities and Exchange Commission (SEC), urged European Union and U.K. lawmakers to prepare for a no-deal Brexit, which...

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Kenya Gets Ready To Unveil Sandbox Policy
Kenya Gets Ready To Unveil Sandbox Policy
December 18, 2018  |  B2B Payments

Kenyan financial authorities are on the cusp of unveiling a FinTech sandbox that will initially focus on robo-advisors and consider blockchain. Across Europe, Revolut looks to...

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EBA To Banks: Prepare For Brexit
EBA To Banks: Prepare For Brexit
December 17, 2018  |  Regulation

The European Banking Authority (EBA) told European banks on Monday (Dec. 17) to prepare for Brexit and the possible sudden withdrawal of Britain from the...

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Consumer Spending In UK Falls In November Despite Black Friday
Consumer Spending In UK Falls In November Despite Black Friday
December 17, 2018  |  Economy

Consumer spending in the U.K. last month took its largest fall since July as worries about Brexit weighed on consumer confidence. According to a report...

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EBA: No-Deal Brexit Would Hurt UK Payment Firms
EBA: No-Deal Brexit Would Hurt UK Payment Firms
December 16, 2018  |  Brexit

Payment providers in the U.K. are not fully prepared for the chance of a no-deal Brexit, warned the European Banking Authority late last week. According...

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Today In Data: The ‘Two Steps Forward, One Step Back’ Dance In Payments And Commerce
Today In Data: The ‘Two Steps Forward, One Step Back’ Dance In Payments And Commerce
December 12, 2018  |  Today In Data

While progress is always ongoing in payments and commerce, its path isn’t always straightforward or even. In China, mobile payments adoption has been racing forward,...

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What Delayed Brexit Vote Means For Financial Services
What Delayed Brexit Vote Means For Financial Services
December 11, 2018  |  Brexit

A critical vote on Brexit has been delayed in Britain’s parliament.  What happens next is anyone’s guess, and might even include the exit of Brexit...

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