The British government plans to amend the law to make financial services more competitive. In a Thursday (Dec. 8) letter addressed to Bank of England...
The U.K. government will bring forward a CBDC consultation “in the coming weeks.” The revelation was made by the Chancellor of the Exchequer Jeremy Hunt...
Moove has raised $30 million from a sukuk issuance to fund its entry into the UAE market. The Nigeria-borne vehicle financing platform announced the raise,...
The FCA has fined Santander over 107.7 million pounds ($132.2 million) for AML failures. In announcing the penalty, the Financial Conduct Authority (FCA) said Santander...
AvidXchange Holdings has expanded its international payment capabilities through a partnership with Wise Platform. With the partnership, the provider of accounts payable (AP) automation software...
In the past week, venture capital (VC) investors have been focused on European software developers. London-based VC firm One Peak announced on Tuesday (Dec. 6)...
After months of debate, the U.K.’s crypto regulatory framework is taking shape. On Wednesday (Dec. 7), the U.K.’s House of Commons debated the Financial Services...
Tapline has secured €31.7 million in equity and debt in a pre-seed funding round. Out of the total, debt funding of €30 million ($33.5 million)...
The U.K.’s payment regulator has outlined new rules to combat authorized push payment (APP) fraud. The Payment Systems Regulator (PSR) published new rules for banks...