uk

Bitcoin Daily: Citi Invests In UK Blockchain, BoE’s Carney Gives Bitcoin An ‘F’
Bitcoin Daily: Citi Invests In UK Blockchain, BoE’s Carney Gives Bitcoin An ‘F’
February 20, 2018  |  Bitcoin

Just about three weeks after Credit Agricole became a minority shareholder in blockchain startup SETL, Citi is investing in the company, too, Coindesk reported. SETL...

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iGTB Lends AI, API Tech To Pivotal Corporate Banking Platform
iGTB Lends AI, API Tech To Pivotal Corporate Banking Platform
February 12, 2018  |  B2B Payments

Transaction banking products provider Intellect Global Transaction Banking (iGTB) and cloud-based software solutions firm Pivotal are partnering to enhance corporate banking technology for businesses in the U.S....

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Tesco to Launch Discount Stores In UK
Tesco to Launch Discount Stores In UK
February 12, 2018  |  Retail

Supermarket group Tesco, Britain’s biggest retailer, will be opening a chain of discount stores in the U.K. Reuters reported that the “cut-price” stores will enable...

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UK’s Regulator Warns Banks That Security Won’t Cut It As Excuse To Fend Off Competition
UK’s Regulator Warns Banks That Security Won’t Cut It As Excuse To Fend Off Competition
February 08, 2018  |  Fintech Investments

Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), the UK’s financial regulatory watchdog, warned UK banks on Wednesday (Feb. 7) that they shouldn’t...

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UK FIs Take Another Step To Compete With FinTechs
UK FIs Take Another Step To Compete With FinTechs
February 06, 2018  |  B2B Payments

Several U.K. banks have reportedly standardized the onboarding process for new small business (SMB) customers, adhering to regulators’ efforts to ease bank-switching, another move by...

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Visa Checkout Hits 1 Million Enrolled Milestone In UK
Visa Checkout Hits 1 Million Enrolled Milestone In UK
January 31, 2018  |  VISA

Visa announced news on Wednesday (Jan. 31) that Visa Checkout, the online payment method introduced in the United Kingdom in the middle of 2017, hit...

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UK To Fine Critical Companies With Weak Cybersecurity
UK To Fine Critical Companies With Weak Cybersecurity
January 30, 2018  |  Safety and Security

Critical companies in the United Kingdom could face a hefty fine – up to £17 million ($24 million) – if they don’t ensure that their...

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Corporates Unprepared For GDPR, UK Government Warns
Corporates Unprepared For GDPR, UK Government Warns
January 29, 2018  |  B2B Payments

A new report released in the U.K. finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR). A press release published last week...

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UK Banks Drag Feet On FinTech Data Sharing
UK Banks Drag Feet On FinTech Data Sharing
January 24, 2018  |  Bank Regulation

The U.K.’s new Open Banking rules, which enable FinTechs to branch into the mainstream banking industry, are being held up as big banks delay making...

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