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.

Today In Payments: Adevinta To Buy eBay’s Classifieds Unit; Panel To Review UK’s FinTech Sector 

Today In Payments: Adevinta To Buy eBay’s Classifieds Unit; Panel To Review UK’s FinTech Sector 
Today In Payments: Adevinta To Buy eBay’s Classifieds Unit; Panel To Review UK’s FinTech Sector 
July 21, 2020  |  News

In today’s top news, Adevinta agrees to buy eBay’s classifieds division for $9.2 billion, and an independent panel plans to review the U.K.’s FinTech sector....

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Uber Faces Lawsuit By British Drivers
Uber Faces Lawsuit By British Drivers
July 20, 2020  |  Legal & Regulation

A group of Uber drivers in England have filed suit against the ride-hailing company for its alleged failure to provide access to data and an...

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UK Trade Group Seeks Gov’t Help For Fashion Sector
UK Trade Group Seeks Gov’t Help For Fashion Sector
July 17, 2020  |  Retail

A trade group for the U.K. fashion industry is asking for government support for the sector amid the pandemic. The British Fashion Council (BFC) said...

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Monzo Launches New Premium Consumer Banking Accounts
Monzo Launches New Premium Consumer Banking Accounts
July 16, 2020  |  Banking

U.K. digital bank Monzo is taking another crack at offering premium online consumer banking accounts with features designed to help account holders create — and...

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UK-Based Car Subscription Platform Drover Notches $25.7M In Funding
UK-Based Car Subscription Platform Drover Notches $25.7M In Funding
July 16, 2020  |  Investments

London-based car subscription service Drover has notched 20.5 million pounds (approximately $25.7 million) in funding that RTP Global, Autotech Ventures and Target Global co-led, Silicon...

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Fidel Targets US Market In Expansion Of Card-Linking Technology
Fidel Targets US Market In Expansion Of Card-Linking Technology
July 16, 2020  |  Cross-border Payments

U.K.-based Fidel, which builds out tech infrastructure for card-based loyalty reward programs, is jumping across the pond to expand into the U.S. market, while also...

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UK Lowers Boom On Huawei With Equipment Purchase Ban
UK Lowers Boom On Huawei With Equipment Purchase Ban
July 14, 2020  |  Cross-border Payments

The United Kingdom has reversed course on Huawei, announcing plans Tuesday (July 14) to start banning companies in the country from buying equipment from the...

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