uk

UK Watchdog Warns Banks About Post Office Money Laundering
UK Watchdog Warns Banks About Post Office Money Laundering
April 24, 2023  |  Security & Fraud

The United Kingdom’s financial watchdog wants to stop money laundering through the Post Office, a retail company that provides products and services, including postage stamps...

READ MORE >
UK Wants New Regulator to Tackle Big Tech
UK Wants New Regulator to Tackle Big Tech
April 23, 2023  |  Regulation

The U.K. is creating a regulator overseeing tech giants like Amazon and Google. Draft legislation will make the new unit an arm of the country’s...

READ MORE >
UK’s Point of Sale Finance Game Ripe for Payments Overhaul
UK’s Point of Sale Finance Game Ripe for Payments Overhaul
April 21, 2023  |  POS Innovation

Consumers and merchants are being let down by the current state of play in the traditional retail finance space — an “untouched” aspect of the...

READ MORE >
Kindred $130 Million Fund ‘Laser-Focused’ on Early-Stage Rounds
Kindred $130 Million Fund ‘Laser-Focused’ on Early-Stage Rounds
April 20, 2023  |  Investments

Venture capital (VC) firm Kindred has debuted a $130 million fund targeting early-stage companies. Announced Thursday (April 20), the fund — Kindred’s third — will...

READ MORE >
Deliveroo’s Orders Drop by 7 Million as Consumers Cut Back
Deliveroo’s Orders Drop by 7 Million as Consumers Cut Back
April 20, 2023  |  Earnings

With rising price pressures worldwide, aggregators are seeing consumers cut back. United Kingdom-based food delivery aggregator Deliveroo shared in its first quarter financial report Thursday (April 20) that orders...

READ MORE >
Amazon Enables Sellers to Add 9 European Stores
Amazon Enables Sellers to Add 9 European Stores
April 19, 2023  |  Amazon Commerce

Amazon now enables sellers to expand their business more quickly to its nine European stores. The new European Expansion Accelerator allows sellers who already sell in at least...

READ MORE >
UK Retailers Step Up Rewards to Help Shoppers Navigate Inflation
UK Retailers Step Up Rewards to Help Shoppers Navigate Inflation
April 18, 2023  |  Loyalty & Rewards

As Brits try to cut back on spending and expenses amid the ongoing cost-of-living crisis and double-digit food inflation, U.K. grocers are under pressure to...

READ MORE >
Open Banking Helps Fast Track AI-Driven Lending, Says Nucleus Finance CEO
Open Banking Helps Fast Track AI-Driven Lending, Says Nucleus Finance CEO
April 18, 2023  |  Artificial Intelligence

When it comes to artificial intelligence (AI)-driven credit decision-making, Chirag Shah, founder and CEO at U.K. FinTech lender Nucleus Commercial Finance, is of the view...

READ MORE >
Bank of England Hints at Limits on Stablecoin Payments  
Bank of England Hints at Limits on Stablecoin Payments  
April 17, 2023  |  Cryptocurrency

Rattled by the collapse of Silicon Valley Bank, the crypto winter of 2022, and unnerved at the prospect of crypto assets being widely used as...

READ MORE >