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 Gets Nod To Remain In SEPA

UK Gets Nod To Remain In SEPA
UK Gets Nod To Remain In SEPA
March 11, 2019  |  B2B Payments

The U.K. has been granted permission to retain its membership in the Single Euro Payments Area (SEPA) after it leaves the European Union (EU) later...

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The Tie That Binds? The Royal Instagram And Brexit Preppers
The Tie That Binds? The Royal Instagram And Brexit Preppers
March 09, 2019  |  Cross-border Payments

Over the centuries, the British have gained a reputation for a certain steadiness of character, best epitomized via the “Keep Calm and Carry On” poster commissioned...

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British Banks Aim To Invest In Women-Led Businesses
British Banks Aim To Invest In Women-Led Businesses
March 08, 2019  |  Investments

A government-funded report in Europe said a lack of available capital for women in the country was “holding the U.K. back.” Get the Full Story...

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Study Finds Half Of UK Firms Vulnerable To Invoice Fraud
Study Finds Half Of UK Firms Vulnerable To Invoice Fraud
March 08, 2019  |  B2B Payments

Invoice fraud is on the rise in the UK, with half of all businesses exposed, according to a Santander study.  Separately, a US college campus...

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FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
March 07, 2019  |  Consumer Finance

The Financial Conduct Authority (FCA), the U.K.’s financial watchdog, has found that some lenders are inflicting their credit card customers with an “unacceptable” number of...

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Barclaycard Inks Deal With UnionPay
Barclaycard Inks Deal With UnionPay
March 05, 2019  |  Payment Methods

Barclaycard, the U.K. payment company, announced Tuesday (March 5) that it has inked a new partnership with UnionPay International, a unit of China UnionPay. Get...

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UK Fines Countrywide In AML Crackdown
UK Fines Countrywide In AML Crackdown
March 05, 2019  |  Legal & Regulation

U.K. estate agent Countrywide has been fined £215,000 (more than $283,000 USD) for failing to comply with the country’s money laundering prevention rules. Get the Full...

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Brexit Prompts EU Watchdog To Urge Protection Of Consumer Deposits
Brexit Prompts EU Watchdog To Urge Protection Of Consumer Deposits
March 03, 2019  |  Europe

Ahead of the U.K.’s potential departure from the European Union, the bloc’s banking watchdog is imploring member states to protect the deposits of customers. While national...

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