uk

UK Launches Late Payments Complaint Service
UK Launches Late Payments Complaint Service
December 21, 2017  |  B2B Payments

In its latest move to combat late payments to B2B suppliers, the U.K. has launched a website through which small- and medium-sized businesses (SMBs) can...

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Small Firms Say Banks Haven’t Changed Since Financial Crisis
Small Firms Say Banks Haven’t Changed Since Financial Crisis
December 20, 2017  |  B2B Payments

Nearly a quarter of U.K. small businesses (SMBs) believe banks have changed their ways since the global financial crisis, according to a new survey by...

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UK Expands Anti-Money Laundering Rules To Cover Crypto
UK Expands Anti-Money Laundering Rules To Cover Crypto
December 05, 2017  |  Bitcoin

The U.K. is aiming to boost regulation of bitcoin and other cryptocurrencies by giving the European Union (EU) expanded anti-money laundering rules that would require...

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Toys R Us UK Seeks CVA Plan Approval
Toys R Us UK Seeks CVA Plan Approval
December 04, 2017  |  Retail

The U.K. retail branch of U.S. toy and game company Toys R Us is seeking creditor approval of a plan to restructure its operations in...

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Airwallex Inks Partnership To Expand X-Border Payments Service To Europe
Airwallex Inks Partnership To Expand X-Border Payments Service To Europe
December 04, 2017  |  B2B Payments

International payments startup Airwallex is taking steps to link its corporate customers to the U.K.’s Faster Payments scheme. In an announcement on Friday (Dec. 1), the...

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EU Tightens Online, Offline Shopping Security Standards
EU Tightens Online, Offline Shopping Security Standards
November 28, 2017  |  Banking

The European Commission has signed off on new rules that they say will make it more secure for consumers purchasing goods and services from European...

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Regulators Want Answers From Uber Over Hidden Hack
Regulators Want Answers From Uber Over Hidden Hack
November 23, 2017  |  Ridesharing

Ride-hailing app company Uber, which made news when it covered up a huge data breach that exposed roughly 600,000 driver’s license numbers, could face investigations...

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As UK Readies For Open Banking, FinTechs Struggle With SMB Awareness
As UK Readies For Open Banking, FinTechs Struggle With SMB Awareness
November 21, 2017  |  B2B Payments

U.K. financial institutions (FIs) have been advised to comply with the EU’s Revised Payment Service Directive (PSD2) regulations despite Brexit, but the U.K. has its...

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Flywire Continues Cross-Border Expansion In UK And Ireland
Flywire Continues Cross-Border Expansion In UK And Ireland
November 14, 2017  |  Cross Border Commerce

As it prepares to host its second annual FlyForum U.K. event this week, Flywire is continuing to expand its cross-border payment business in the United...

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