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.

Onfido Secures $6.6M Grant For Biometrics To Prevent B2B Fraud

Onfido Secures $6.6M Grant For Biometrics To Prevent B2B Fraud
Onfido Secures $6.6M Grant For Biometrics To Prevent B2B Fraud
August 18, 2020  |  B2B Payments

A U.K. fund set up to foster competition in the banking sector has given $6.6 million to facial recognition firm Onfido “to invest in the...

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Private Equity Firm Advent To Buy 75 Pct Stake Of UK Parcel Deliverer Hermes In $1.3B Deal
Private Equity Firm Advent To Buy 75 Pct Stake Of UK Parcel Deliverer Hermes In...
August 10, 2020  |  Partnerships

Boston-based Advent International, a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes for...

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UK Authority Says Facebook’s Giphy Must Stay Independent
UK Authority Says Facebook’s Giphy Must Stay Independent
August 10, 2020  |  ANTITRUST

Facebook’s acquisition of Giphy has hit another snag, with the United Kingdom’s competition watchdog ordering the tech giant to appoint a “formal hold separate manager”...

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Uber To Buy Tech Firm Autocab In UK Expansion Move
Uber To Buy Tech Firm Autocab In UK Expansion Move
August 06, 2020  |  Acquiring

Uber has reached an agreement to acquire British tech company Autocab to give Uber riders in the U.K. access to taxi firms and drivers in...

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iwoca Notches £100M To Support Pandemic Relief Loans
iwoca Notches £100M To Support Pandemic Relief Loans
August 03, 2020  |  B2B Payments

U.K. FinTech iwoca has notched £100 million in funding to help coronavirus business interruption loan scheme (CBILS) clients. The company intends to grow its CBILS program...

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Monzo CEO Hopes New Accounts Can Blunt Pandemic’s Impact
Monzo CEO Hopes New Accounts Can Blunt Pandemic’s Impact
July 30, 2020  |  Banking

New Monzo CEO TS Anil said the U.K. company, badly damaged by the pandemic, is hinging on new products to survive, the Financial Times (FT)...

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Mastercard Enrolls With Pay.UK To Speed Up B2B Payments
Mastercard Enrolls With Pay.UK To Speed Up B2B Payments
July 27, 2020  |  B2B Payments

Mastercard has officially enrolled in the Pay.UK‘s Request to Pay service, which aims to allow customers to view and pay bills in a more streamlined,...

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TradeCore Introduces Platform To Speed FinTech Launch Process
TradeCore Introduces Platform To Speed FinTech Launch Process
July 22, 2020  |  B2B Payments

U.K. FinTech TradeCore rolled out a platform that helps new financial institutions (FIs) launch quickly and easily, according to a Financial IT report. Get the...

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