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 Payday Lender QuickQuid Expected To Shutter By Year-End
UK Payday Lender QuickQuid Expected To Shutter By Year-End
October 25, 2019  |  International

The U.K.’s largest payday lender QuickQuid is expected to close its doors by the end of the year, The Financial Times (FT) reported on Thursday...

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Barclays Will Allow Customers To Continue PO Cash Withdrawals
Barclays Will Allow Customers To Continue PO Cash Withdrawals
October 24, 2019  |  Banking

Barclays revealed that it will not withdraw from a partnership that allowed customers to withdraw cash at branches of the U.K. Post Office. Get the...

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Starling Bank To Use £30M Infusion For Consumer, B2B Banking Growth
Starling Bank To Use £30M Infusion For Consumer, B2B Banking Growth
October 24, 2019  |  Investments

U.K. digital bank Starling Bank announced that it has raised £30 million (more than $38.7 million USD) in a new funding round. Get the Full...

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Uber Eats Enters UK Convenience Market With Costcutter Partnership
Uber Eats Enters UK Convenience Market With Costcutter Partnership
October 23, 2019  |  Retail

In the delivery app’s reported first foray into the U.K. convenience sector, Uber Eats has entered into a nationwide partnership with Costcutter. With the newly...

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Revolut Taps Mastercard For Its US Card Debut
Revolut Taps Mastercard For Its US Card Debut
October 22, 2019  |  Mastercard

British FinTech startup Revolut is collaborating with Mastercard to help it expand into the U.S. by the end of 2019, Mastercard said in a press...

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UK Antitrust Agency Investigating Amazon’s Deliveroo Stake
UK Antitrust Agency Investigating Amazon’s Deliveroo Stake
October 16, 2019  |  Amazon Investments

The Competition and Markets Authority (CMA), the U.K.’s competition regulator, said it has officially launched a probe into Amazon’s investment into restaurant takeaway company Deliveroo....

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Top News In Payments: Contactless Payments Rise In UK; Libra’s Initial Members Sign Charter
Top News In Payments: Contactless Payments Rise In UK; Libra’s Initial Members Sign Charter
October 15, 2019  |  News

Today in the payments news roundup, UK Finance data indicates that contactless payments in the country continue to grow. Also, the 21 initial members of the Libra Association formally signed the...

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Study: UK Corporates Get Risky With Vendor On-Boarding
Study: UK Corporates Get Risky With Vendor On-Boarding
October 15, 2019  |  B2B Payments

U.K. businesses are failing to adequately vet their new suppliers, exposing those firms to risks that are poorly understood, according to new research from Dow...

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Amid FinTech/FI Pacts, Governments Join Development Efforts
Amid FinTech/FI Pacts, Governments Join Development Efforts
October 15, 2019  |  B2B Payments

 FinTechs and FIs are increasingly looking to bring payments and financial services cross border.  Governments are looking across borders, too, to form alliances aimed at...

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