uk

ClearBank Says Inflows Jumped 20% During SVB Crisis
ClearBank Says Inflows Jumped 20% During SVB Crisis
March 27, 2023  |  Banking

Silicon Valley Bank’s loss is apparently U.K. embedded banking firm ClearBank’s gain. The company’s CEO said customer flows into its platform rose by 20% during...

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Mondu Launches B2B BNPL in UK, Adds Buyers in France
Mondu Launches B2B BNPL in UK, Adds Buyers in France
March 23, 2023  |  Buy Now Pay Later

Mondu has launched its B2B payment solutions in the United Kingdom. U.K. businesses can now use Mondu’s B2B buy now, pay later (BNPL) offering both...

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EU Customers Warming to Convenience of Retail Subscriptions
EU Customers Warming to Convenience of Retail Subscriptions
March 23, 2023  |  Subscription Commerce

Competition in the eCommerce space is increasing as customer acquisition costs continue to rise.  Thomas Marks, head of growth at sticky.io, attributes the growing competition to...

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Ramadan Boosts Remittances and eCommerce Retail Sales Amid Inflation
Ramadan Boosts Remittances and eCommerce Retail Sales Amid Inflation
March 22, 2023  |  Cross-border Payments

The holy month of Ramadan, celebrated by close to 2 billion Muslims worldwide, kicks off Thursday (March 23). And according to the U.K. subsidiary of...

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Tesco Joins Retailers Watering Down Rewards Amid Inflation
Tesco Joins Retailers Watering Down Rewards Amid Inflation
March 22, 2023  |  Loyalty & Rewards

As retailers bow under inflationary pressures, some are cutting the value of their rewards points. Tesco, the leading supermarket chain in the United Kingdom, shared...

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Abound CEO Says AI-Driven Lending Still Needs People to Perform
Abound CEO Says AI-Driven Lending Still Needs People to Perform
March 22, 2023  |  artificial intelligence

Traditional consumer credit scoring, which overlooks a large proportion of the population, may have been the norm for years, but Gerald Chappell, CEO and co-founder...

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DoorDash Expands Grocery Offerings as Supermarkets Tap Robotics
DoorDash Expands Grocery Offerings as Supermarkets Tap Robotics
March 17, 2023  |  Retail

This week in grocery, DoorDash adds merchants, and Co-op taps delivery robotics and retailers automate inventory. DoorDash, the United States’ leading aggregator, has been leveraging grocery to...

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UK Finance: How Far Can AI Go in Fighting Fraud?
UK Finance: How Far Can AI Go in Fighting Fraud?
March 16, 2023  |  Security & Fraud

Much has been said about the potential new technologies like artificial intelligence (AI) and machine learning have in transforming fraud detection and fraud prevention across...

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Helios Investment Partners Reportedly Offering Stake in Crown Agents Bank
Helios Investment Partners Reportedly Offering Stake in Crown Agents Bank
March 15, 2023  |  Digital-First Banking

A stake in Crown Agents Bank may be up for sale. Private equity investor Helios Investment Partners is working to sell a stake in the provider of cross-border payments,...

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