Brexit

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. So it...

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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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