uk

UK Retailers Reimagine Cashback to Keep Gen Zs Engaged
UK Retailers Reimagine Cashback to Keep Gen Zs Engaged
April 04, 2023  |  Payments Innovation

Brands typically struggle to engage two key audiences: affluent consumers who are cash rich, time poor, and Gen Zs, who have a short attention span...

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UK Slaps Levy on Regulated Entities to Help Fund Money Laundering Fight
UK Slaps Levy on Regulated Entities to Help Fund Money Laundering Fight
April 03, 2023  |  AML

A recently implemented Economic Crime Levy under the U.K.’s Finance Act 2022 is aiming to help in the fight against money laundering. Details outlined in the...

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Crypto Companies Crunched by Cautious UK Banks
Crypto Companies Crunched by Cautious UK Banks
April 02, 2023  |  Cryptocurrency

U.K. Prime Minister Rishi Sunak’s cryptocurrency plans have reportedly hit some snags. As Bloomberg News reported Sunday (April 2), crypto companies were already dealing with...

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Finverity Raises $5 Million to Expand Supply Chain Finance Technology
Finverity Raises $5 Million to Expand Supply Chain Finance Technology
March 31, 2023  |  B2B Payments

Finverity has raised $5 million to expand its trade and supply chain finance technology. The United Kingdom-based firm will use the new funding to increase its...

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UK Antitrust Investigation of Apple Stopped After Appeal Win
UK Antitrust Investigation of Apple Stopped After Appeal Win
March 31, 2023  |  ANTITRUST

A United Kingdom regulator’s investigation of Apple has been halted. The Competition and Markets Authority (CMA) had decided to investigate the supply of mobile browsers and browser...

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Cazoo Reports $872 Million Loss After Closing EU Car Operations
Cazoo Reports $872 Million Loss After Closing EU Car Operations
March 30, 2023  |  Earnings

Cazoo is enjoying record revenue but feeling the sting of shedding its European auto business. The struggling U.K. used car company on Thursday (March 30) announced full-year earnings...

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Proactis and Finexio Partner on AP Automation and B2B Payments
Proactis and Finexio Partner on AP Automation and B2B Payments
March 30, 2023  |  B2B Payments

Proactis and Finexio have partnered to help mid-market organizations eliminate manual processes from B2B payments. With their new agreement, Finexio’s accounts payable (AP) payment capabilities...

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UK SMBs Fall Behind as In-Store Digital Wallet Use Jumps 549% YoY
UK SMBs Fall Behind as In-Store Digital Wallet Use Jumps 549% YoY
March 29, 2023  |  Mobile Wallets

Digital wallets are gaining popularity due to flexibility and convenience they offer, leading to an increasing number of consumers using them to pay for purchases...

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Kroger Slows Delivery Rollout in Bid for Longer-Term Viability
Kroger Slows Delivery Rollout in Bid for Longer-Term Viability
March 28, 2023  |  Delivery

Around the world, grocers are reconceiving their grocery delivery businesses to better meet consumers’ needs. Kroger is slowing down its automated fulfillment center rollout but...

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