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 Cash Usage Falls, ATM Fee Cuts Partially Canceled
UK Cash Usage Falls, ATM Fee Cuts Partially Canceled
July 17, 2018  |  Banking

ATM network operator LINK has partially canceled its plans to cut the fees that banks pay to British cash machines operators. Finextra reported that, earlier this...

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Monzo Warned Of Ticketmaster Breach Months Before It Was Announced
Monzo Warned Of Ticketmaster Breach Months Before It Was Announced
July 11, 2018  |  Safety and Security

One bank says it warned Ticketmaster about a malicious software breach that leaked the personal information of tens of thousands of customers months before the...

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MMBL Rolls Out EMV Debit Cards, ICICI Bank Partners With Westpac For Remittances
MMBL Rolls Out EMV Debit Cards, ICICI Bank Partners With Westpac For Remittances
July 10, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mobilink Microfinance Bank (MMBL) launching EMV-compliant cards in Pakistan. In...

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UK Faster Payments Glitch Causes Backlog
UK Faster Payments Glitch Causes Backlog
July 09, 2018  |  B2B Payments

A glitch in the infrastructure of the U.K.’s Faster Payments system has caused a backlog of transactions still waiting to clear hours later, according to...

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Equifax Forms Open Banking Alliance With consents.online
Equifax Forms Open Banking Alliance With consents.online
July 09, 2018  |  Partnerships / Acquisitions

Equifax, the consumer and business insights expert, has formed a strategic alliance with consents.online, a digital consent management and AISP-accredited open banking platform. Get the...

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Santander Bridges SMBs With China
Santander Bridges SMBs With China
July 09, 2018  |  B2B Payments

U.K. bank Santander is hoping to bridge local small businesses to the Chinese market, and is kicking off a series of networking events that bring...

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Payments’ Ever-Increasing Tempo
Payments’ Ever-Increasing Tempo
July 05, 2018  |  Today In Data

A decade ago, when Britain first launched its Faster Payments Scheme, buzz had barely begun on the topic. Ten years and 9.1 billion payments later,...

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Reflecting On The UK’s Decade Of Faster Payments — And Fraud
Reflecting On The UK’s Decade Of Faster Payments — And Fraud
July 04, 2018  |  Faster Payments

From enabling new messaging capabilities in the U.S. to cross-border push payments for expats in Kuwait and Zimbabwe, access to faster payments tools is rapidly...

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Suppliers Reel After Tesco, Carrefour Agree To Combine Procurement Powers
Suppliers Reel After Tesco, Carrefour Agree To Combine Procurement Powers
July 03, 2018  |  B2B Payments

Two supermarket conglomerates are teaming up and combining their leverage to get better payment terms from their suppliers. Reports in Reuters on Sunday (July 1)...

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