U.K.

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a sovereign country in north-western Europe, off the north-­western coast of the European mainland.

UK To Require Companies To Pay Small Businesses In 30 Days

UK To Require Companies To Pay Small Businesses In 30 Days
UK To Require Companies To Pay Small Businesses In 30 Days
January 18, 2021  |  SMBs

The U.K. government is looking to crack down on companies that take too long to pay suppliers, according to a report from the Financial Times...

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Today In Payments Around The World: Grab Notches $300 Million: Saudi Arabia’s Open Banking Plan Seeks To Further Digital Innovation
Today In Payments Around The World: Grab Notches $300 Million: Saudi Arabia’s Open Banking Plan...
January 14, 2021  |  Cross-border Payments

In today’s top payments news around the world, Grab Financial Group said it has raised $300 million in a funding round, while the Saudi Arabian...

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Birmingham Bank Launches From Bira Bank To Serve SMBs
Birmingham Bank Launches From Bira Bank To Serve SMBs
January 12, 2021  |  B2B Payments

Birmingham Bank is launching in the U.K. to help serve small- to medium-sized businesses (SMBs), according to a report from BDaily. Get the Full Story...

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Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System
Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls...
January 12, 2021  |  Cross-border Payments

In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C...

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Neobank Revolut Applies For UK Financial Services License 
Neobank Revolut Applies For UK Financial Services License 
January 11, 2021  |  Banking

British challenger bank Revolut has submitted a banking license application to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Get the...

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UK Debt Collectors Want More To Do With Unpaid COVID Debts
UK Debt Collectors Want More To Do With Unpaid COVID Debts
January 07, 2021  |  B2B Payments

U.K. debt collectors want the government to give them a bigger role in recovering the debts from the 44-billion-pound (about $60 billion) business rescue program,...

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Britain Goes On National Lockdown; New COVID Virus 70 Pct More Contagious
Britain Goes On National Lockdown; New COVID Virus 70 Pct More Contagious
January 04, 2021  |  Economy

British Prime Minister Boris Johnson has imposed a new national lockdown to fight the new, highly contagious strain of COVID-19, CNBC reports. Get the Full...

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Banks Ask UK Treasury To Increase Limit On Contactless Payments
Banks Ask UK Treasury To Increase Limit On Contactless Payments
January 03, 2021  |  Digital Payments

The U.K. might up its amount for contactless payments from £45 to £100 in one of its first actions after officially leaving the European Union...

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