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.

Patisserie Valerie Fallout Continues With Late Supplier Payments
Patisserie Valerie Fallout Continues With Late Supplier Payments
December 19, 2018  |  B2B Payments

The fallout from the alleged accounting scandal at U.K. café chain Patisserie Valerie continues, with the firm’s delayed payments to suppliers causing a stir. Get...

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No Breakup For UK’s Big Four Accountancy Firms
No Breakup For UK’s Big Four Accountancy Firms
December 19, 2018  |  B2B Payments

The U.K.’s Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have escaped a forced breakup from the Competition and Markets Authority (CMA), The Guardian reported...

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How Open Banking Opens Doors For Alternative SMB Lenders
How Open Banking Opens Doors For Alternative SMB Lenders
December 17, 2018  |  B2B Payments

Use of alternative finance (AltFin) sources among small business (SMB) owners is on the rise, but still has a long way to go before it...

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UK Late Pay Epidemic Looms Over Xmas Season
UK Late Pay Epidemic Looms Over Xmas Season
December 17, 2018  |  B2B Payments

The U.K. seems to be the epicenter of the late payments epidemic, and new stats bear out the cost to the tune of billions of...

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FCA: UK Banks Face Cybersecurity Risks
FCA: UK Banks Face Cybersecurity Risks
December 12, 2018  |  Security & Fraud

The Financial Conduct Authority (FCA), the U.K. watchdog, released the findings of a study Wednesday (Dec. 12) showing that boards and management committees at companies...

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Mastercard, Cardstream Team To Promote UK Digital Payments
Mastercard, Cardstream Team To Promote UK Digital Payments
December 11, 2018  |  Digital Payments

Cardstream, the U.K. provider of white-label payment software and services, announced on Tuesday (Dec. 11) the launch of a new initiative that is aimed at accelerating...

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Data Dive, New Starts Edition: Overstock, Sears And iZettle’s Next Steps
Data Dive, New Starts Edition: Overstock, Sears And iZettle’s Next Steps
December 03, 2018  |  Data Dive

As of today, there are 28 days left in the year (and 22 shopping days left till Christmas), meaning themes of “out with the old...

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NMI’s Contactless Payments Tech Boosts UK Charity Donations
NMI’s Contactless Payments Tech Boosts UK Charity Donations
November 30, 2018  |  Digital Payments

NMI, a commerce enablement company, implemented and installed contactless donation points in Bristol for a charity event, and raised 309 percent more money than they...

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Brit MP: Facebook Knew About Russian Meddling In 2014
Brit MP: Facebook Knew About Russian Meddling In 2014
November 27, 2018  |  Facebook

A U.K. politician said Facebook was aware that Russian-linked organizations were harvesting data from the social media giant, since October 2014, according to Bloomberg. The Russian...

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