The U.K.’s consumer watchdog has accused three money transfer firms of price fixing. The Financial Conduct Authority (FCA) alleged in a Wednesday (Jan. 25) news release that Dollar East, Hafiz Bros...
NatWest Group has announced the appointment of Mark Brant as the chief payments officer (CPO) of NatWest. In a statement emailed to PYMNTS, NatWest Group said that the payment...
FinTech Scotland, a market-led initiative with wide support in the country, presented in early March its 10-year roadmap to accelerate the adoption of fintech excellence...
The Law Commission of England and Wales and the Scottish Law Commission released a final 315-page report on January 26 recommending the U.K. and Scottish...
Scotland-based Tesco Bank has announced that it’s the first financial institution (FI) in the United Kingdom to introduce technology that allows its 2.6 million credit...
In India, government efforts to crack down on late payments made to smaller firms include fines and possible imprisonment for officers of larger, late-paying firms....
A shopping mall in Scotland, located near Edinburgh, was sold at auction for just 310,000 pounds ($403,000) – a quarter less than the cost of the...
U.K. regulations designed to protect small suppliers from late payments by their large corporate customers are in effect, but new analysis from KPMG finds companies...
Britain is moving closer and closer to the reality of operating in a post-Brexit world as the “Brexit bill” proceeds for Royal Assent. In this...