Brexit

As UK Readies For Open Banking, FinTechs Struggle With SMB Awareness

As UK Readies For Open Banking, FinTechs Struggle With SMB Awareness
As UK Readies For Open Banking, FinTechs Struggle With SMB Awareness
November 21, 2017  |  B2B Payments

U.K. financial institutions (FIs) have been advised to comply with the EU’s Revised Payment Service Directive (PSD2) regulations despite Brexit, but the U.K. has its...

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EU Watchdog Regulates Use Of Foreign Credit Ratings
EU Watchdog Regulates Use Of Foreign Credit Ratings
November 20, 2017  |  Regulation

In the European Union, use of credit ratings that have their genesis outside the EU is about to get a little more stringent. Reuters reported...

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City of London Asks For Bank Regulation Changes In Light Of Brexit
City of London Asks For Bank Regulation Changes In Light Of Brexit
November 10, 2017  |  Regulation

Regulators in the U.K. are being called on to keep banks competitive on a global basis once they exit the European Union (EU), reported Reuters....

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UK Suppliers To Lose EU Business, Survey Finds
UK Suppliers To Lose EU Business, Survey Finds
November 07, 2017  |  B2B Payments

U.K. suppliers could lose a lot of business from their EU corporate clients, according to a new survey by the Chartered Institute of Procurement &...

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Volkswagen Applies For UK Banking License
Volkswagen Applies For UK Banking License
November 06, 2017  |  Loans

German car manufacturer Volkswagen (VW) has confirmed it is in the process of applying for a U.K. banking license that will enable it to continue providing...

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SMBs Split On Hard Vs. Soft Brexit Expectations, Survey Finds
SMBs Split On Hard Vs. Soft Brexit Expectations, Survey Finds
October 30, 2017  |  B2B Payments

A significant portion of small- and medium-sized enterprises (SMEs) surveyed by Bibby Financial Services expect a “hard Brexit” to occur — that is, the U.K. will...

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BofA CEO Sees Little Upside From Brexit
BofA CEO Sees Little Upside From Brexit
October 27, 2017  |  Brexit

Brexit won approval from U.K. voters more than a year ago, but so far Bank of America (BoA) hasn’t seen any benefits from the decision,...

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Manufacturers, Uncertain On Brexit, Pull Back On Investments
Manufacturers, Uncertain On Brexit, Pull Back On Investments
October 24, 2017  |  Brexit

If there’s one thing investors don’t like, it’s uncertainty. And that holds true for all types of investments, well beyond the stock market. Get the...

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London Is Still Top FinTech Dog — And The Industry Wants It To Stay That Way
London Is Still Top FinTech Dog — And The Industry Wants It To Stay That...
October 17, 2017  |  B2B Payments

For all of the commotion about Brexit, it appears as though London’s reign over the world of FinTech may be secure — even after the...

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