uk

Groupon Buys Company Behind Vouchercloud, Giftcloud
Groupon Buys Company Behind Vouchercloud, Giftcloud
May 01, 2018  |  Partnerships / Acquisitions

Groupon, the deal website operator, announced news on Tuesday (May 1) that is buying Cloud Savings Company, the parent company of online discount code platform Vouchercloud...

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Walmart UK And Sainsbury On Verge Of $10B Merger Deal
Walmart UK And Sainsbury On Verge Of $10B Merger Deal
April 30, 2018  |  Partnerships / Acquisitions

Sainsbury, the U.K. grocery store operator, and its rival Asda, which is owned by Walmart, are holding discussions about a merger that would create the...

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Barclays, PayPal Team Up To Let Customers Use Their Accounts Together
Barclays, PayPal Team Up To Let Customers Use Their Accounts Together
April 26, 2018  |  Payment Methods

Barclays, the U.K. bank, announced  Thursday (April 26) that it has inked a new strategic partnership with PayPal aimed at enabling customers to manage and...

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Revolut Hits Unicorn Status With $250M Funding Round
Revolut Hits Unicorn Status With $250M Funding Round
April 26, 2018  |  Digital Banking

Revolut, the digital banking company, announced Thursday (April 26) that it has raised $250 million in a new round of funding. In a press release,...

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Fiserv Launches Tool To Help Banks Stay Compliant With Open Banking Rules
Fiserv Launches Tool To Help Banks Stay Compliant With Open Banking Rules
April 25, 2018  |  Bank Regulation

Fiserv, the global provider of financial services technology, announced Wednesday (April 25) the launch of  FinKit for Open Banking, which is aimed at helping financial...

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Half Of UK Factories Admit To Being Hit With Cyber Attack
Half Of UK Factories Admit To Being Hit With Cyber Attack
April 23, 2018  |  Security & Fraud

A new survey has found that 48 percent of U.K. factories have been hit by a cyberattack. According to The Daily Telegraph, the data comes...

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Bitcoin Daily: ICOs Raise $6.3B In Q1, Police Halt $13M Crypto Pyramid Scheme
Bitcoin Daily: ICOs Raise $6.3B In Q1, Police Halt $13M Crypto Pyramid Scheme
April 20, 2018  |  Bitcoin

Following an investigation in China, police have taken in multiple suspects in connection with a supposed blockchain pyramid scheme, Cryptovest reported. According to reports, the...

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Barclays To Set Up Venture-Type Unit In UK To Drive Growth
Barclays To Set Up Venture-Type Unit In UK To Drive Growth
April 16, 2018  |  Banking

Barclays, gearing up to drive more innovation, and thus profit, in its U.K. business is creating a venture capital-type unit. According to news from Reuters, Barclays...

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Bank Of England To Issue More Cybersecurity Guidelines For UK Banks
Bank Of England To Issue More Cybersecurity Guidelines For UK Banks
April 10, 2018  |  Bank Regulation

A Bank of England official warned on Monday (April 9) that the U.K.’s financial system is under cyberattack almost constantly, prompting regulators to soon roll out new...

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