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 Antitrust Agency Investigating Amazon’s Deliveroo Stake

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

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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Australia Launches Small Business Insolvency Probe
Australia Launches Small Business Insolvency Probe
October 15, 2019  |  B2B Payments

The Australian government will be launching an investigation into insolvency practitioners amid rising criticism and allegations that unfair practices pushed small businesses (SMBs) into collapse....

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Small Business Advocates Decry Exit Of SMB Commissioner Uppal
Small Business Advocates Decry Exit Of SMB Commissioner Uppal
October 15, 2019  |  B2B Payments

U.K. Small Business Commissioner Paul Uppal will step down from the position due to a conflict of interest, according to The Times. Get the Full...

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UK Contactless Payments Grow 18 Pct. YOY
UK Contactless Payments Grow 18 Pct. YOY
October 14, 2019  |  Payment Methods

New data from U.K. Finance shows that contactless payments in the country continue to grow. In fact, almost 50 percent of all debit card payments...

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Private Equity Firm Thoma Bravo To Acquire UK’s Sophos For $3.8B
Private Equity Firm Thoma Bravo To Acquire UK’s Sophos For $3.8B
October 14, 2019  |  Partnerships

British cybersecurity software company Sophos is being acquired for $3.8 billion by U.S. private equity firm Thoma Bravo, Bloomberg reported on Monday (Oct. 14). Get...

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