uk

Vocalink CEO On Making Payments Faster, Sooner
Vocalink CEO On Making Payments Faster, Sooner
January 24, 2018  |  Banking

Call it agility. Or, in a more long-winded fashion, that nimbleness which brings together new and existing rails, melding legacy systems with new layers of...

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Big Banks Step In To Aid Carillion Suppliers
Big Banks Step In To Aid Carillion Suppliers
January 19, 2018  |  B2B Payments

Large financial institutions in the U.K. are stepping in to help companies affected by the collapse of construction giant Carillion. Reports in the BBC on...

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Amid Carillion Catastrophe, Suppliers Panic With Payments In Limbo
Amid Carillion Catastrophe, Suppliers Panic With Payments In Limbo
January 16, 2018  |  B2B Payments

The global market woke up Monday (Jan. 15) to news that construction conglomerate Carillion, based in the U.K., went into liquidation, setting off alarms throughout...

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PSD2 Takes Center Stage And Open Banking Era Opens
PSD2 Takes Center Stage And Open Banking Era Opens
January 15, 2018  |  Regulation Roundup

And so, it’s finally here. If a monolith must move, can it dance? The monolith is the U.K.’s banking system. The “finally here” is the...

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Brexit Effect Reduces 37 Percent Of Financial Jobs In London
Brexit Effect Reduces 37 Percent Of Financial Jobs In London
January 12, 2018  |  Brexit

Brexit is being blamed for a 37 percent drop in new financial sector jobs available in London last month. According to Reuters, Britain’s upcoming exit...

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UK Warns Of Financial Crisis Threat If EU Blocks Brexit
UK Warns Of Financial Crisis Threat If EU Blocks Brexit
January 11, 2018  |  B2B Payments

Blocking the U.K.’s exit from the European Union could spark the next global financial crisis, according to warnings issued by two U.K. policymakers. Reports in...

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In The UK, Invoice Processing Drags On Time, B2B Profits And Morale
In The UK, Invoice Processing Drags On Time, B2B Profits And Morale
January 05, 2018  |  B2B Payments

The paper chase is always hard. For cash flow management, it’s especially hard: Businesses must juggle manual processes, multiple documents and sometimes even contend with...

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Big Tech Poaches Cyber Talent From Britain’s Spy Agency
Big Tech Poaches Cyber Talent From Britain’s Spy Agency
December 29, 2017  |  Personnel

The U.K.’s spy agency is having a hard time retaining high-tech workers, who are being poached by technology companies. Citing the annual report from the...

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Big Banks To Miss UK’s Open Banking Deadline
Big Banks To Miss UK’s Open Banking Deadline
December 21, 2017  |  B2B Payments

Five major U.K. banks are reportedly about to miss a key deadline in the nation’s Open Banking initiative, according to news from The Telegraph on Wednesday (Dec....

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