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 Businesses Lost £93M Last Year Due To Invoice Fraud
UK Businesses Lost £93M Last Year Due To Invoice Fraud
March 25, 2019  |  B2B Payments

A new report has revealed that invoice fraud cost U.K. businesses £93 million ($122.8M USD) last year. But despite the losses, more than four in...

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UK Chancellor Seeks Crackdown On Late Payments
UK Chancellor Seeks Crackdown On Late Payments
March 25, 2019  |  B2B Payments

Late payments continue to negatively impact small enterprises in the U.K., and the Chancellor of the Exchequer has stated that larger firms should have a...

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British Airways Employees Say Call Center Data Not Secure
British Airways Employees Say Call Center Data Not Secure
March 24, 2019  |  Security & Fraud

Current and former staff at British Airways, the U.K. airliner, told The Financial Times this weekend that data has been handled insecurely and has been...

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Bitcoin Daily: China Debuts Blockchain-Backed Subway eInvoices; Bitcoin’s Crypto Market Majority On The Decline
Bitcoin Daily: China Debuts Blockchain-Backed Subway eInvoices; Bitcoin’s Crypto Market Majority On The Decline
March 20, 2019  |  Bitcoin

Bitcoin’s share of the total cryptocurrency market is close to falling below 50 percent for the first time in over seven months. Get the Full...

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Sizzle/Fizzle: Brexit And The Waiting Game
Sizzle/Fizzle: Brexit And The Waiting Game
March 15, 2019  |  Sizzle/Fizzle

Brexit takes its place as the big fizzle of the week. And to caption what happened, we might say that this week was a gigantic...

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Barclaycard Brings Alipay To UK Retailers With New Deal
Barclaycard Brings Alipay To UK Retailers With New Deal
March 14, 2019  |  Payment Methods

Barclaycard, the U.K. credit card and debit card payment processor, announced Thursday (March 14) it inked a new agreement with Alipay, the Chinese digital payment service...

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What’s Missing? How Money Launderers In The UK Remain Unchecked
What’s Missing? How Money Launderers In The UK Remain Unchecked
March 14, 2019  |  AML

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Corporate Insolvencies Rising For First Time In Years
Corporate Insolvencies Rising For First Time In Years
March 13, 2019  |  B2B Payments

Economists continue to raise concerns about rising corporate debt levels, particularly in the two economic powerhouses of the world: the U.S. and China. Ongoing uncertainty...

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