uk

UK Records $1.5 Billion in Fraud in 2022
UK Records $1.5 Billion in Fraud in 2022
May 14, 2023  |  Security & Fraud

Fraudsters stole more than £1.2 billion ($1.5 billion) in the U.K. last year, down 8% since 2021. That’s according to new findings from UK Finance, which also concluded...

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Paysend Launches Cross-Border Payments Solution for Small Businesses in US
Paysend Launches Cross-Border Payments Solution for Small Businesses in US
May 11, 2023  |  Cross-border Payments

Paysend has launched its cross-border payments solution for small businesses in the United States. The expanded availability of Paysend Business follows its successful implementation in the United Kingdom in 2022,...

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Revolut CFO Resigns Citing ‘Personal Reasons’
Revolut CFO Resigns Citing ‘Personal Reasons’
May 11, 2023  |  Personnel

Revolut’s chief financial officer has stepped down two years after joining the British FinTech. Mikko Salovaara’s resignation was due to “personal reasons,” a company spokesperson...

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UK Leads US in Retailers Staying Ahead of Instant Payments Game
UK Leads US in Retailers Staying Ahead of Instant Payments Game
May 10, 2023  |  Real-Time Payments

With the rise of online shopping, in-store retailers are under pressure to make innovation in real-time payment alternatives and omnichannel marketing — strengths of eCommerce...

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Yonder and Transact Payments Partner on Credit Card for Londoners
Yonder and Transact Payments Partner on Credit Card for Londoners
May 10, 2023  |  Partnerships

Yonder has partnered with Transact Payments on its credit card for young Londoners. The partnership with payment services provider Transact Payments will give Yonder access...

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Airbnb Turns Attention to Affordability, Transparency and Overseas Expansion
Airbnb Turns Attention to Affordability, Transparency and Overseas Expansion
May 09, 2023  |  Earnings

Addressing some of the major issues that have slowed its roll through the pandemic and after, Airbnb is focusing on affordability and guest confidence in...

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Voice AI Ushers in Next-Gen Compliance Monitoring for Financial Sector
Voice AI Ushers in Next-Gen Compliance Monitoring for Financial Sector
May 09, 2023  |  artificial intelligence

Whether it’s desk or cell phones, videoconferencing platforms or software-based trading systems, voice remains the primary communication tool for financial markets. As a result, audio...

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Tech Companies Avoiding UK for IPOs
Tech Companies Avoiding UK for IPOs
May 08, 2023  |  IPO

Tech companies have determined that the United Kingdom is not the place to launch their initial public offerings. This observation follows the decision of British...

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Revolut CEO Blames Banking Troubles For UK License Delay
Revolut CEO Blames Banking Troubles For UK License Delay
May 07, 2023  |  Banking

Revolut’s CEO says recent bank turmoil has held up his company’s U.K. banking license. “Ultimately, it is not really us, it is generally the banking crisis...

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