uk

Atlantic Money Says Wise Delisted It From Price Comparison Website
Atlantic Money Says Wise Delisted It From Price Comparison Website
January 27, 2023  |  International

Atlantic Money has accused international money transfer service Wise of stifling competition. In a statement on its website on Friday (Jan. 27), the foreign exchange...

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EV Subscription Service Onto Nets $124M Credit Facility
EV Subscription Service Onto Nets $124M Credit Facility
January 25, 2023  |  Subscriptions

The electric car subscription service Onto has secured a £100 million ($123.9 million) credit line. The London-based firm announced the new facility in a blog post on...

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UK Watchdog Warns of Price Fixing Among Money Transfer Firms
UK Watchdog Warns of Price Fixing Among Money Transfer Firms
January 25, 2023  |  Regulation

The U.K.’s consumer watchdog has accused three money transfer firms of price fixing. The Financial Conduct Authority (FCA) alleged in a Wednesday (Jan. 25) news release that Dollar East, Hafiz Bros...

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US Grocers Prove More Cautious on Loyalty Rewards Than UK
US Grocers Prove More Cautious on Loyalty Rewards Than UK
January 25, 2023  |  Loyalty & Rewards

As grocers look to maintain shopper loyalty amid inflation, America can learn from the Brits. PYMNTS data reveals that, when it comes to driving shopper...

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Geely Backs Electrification of London’s Black Cabs
Geely Backs Electrification of London’s Black Cabs
January 23, 2023  |  Transportation

The company that manufactures London’s black cabs plans to turn the capital’s taxis all-electric. Geely, the Chinese auto manufacturing group that owns the London Electric...

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32% of UK Retailers Plan to Add Support for Scan-and-Go
32% of UK Retailers Plan to Add Support for Scan-and-Go
January 22, 2023  |  Payment Methods

One in three U.K. retailers surveyed by PYMNTS plan to add support for scan-and-go payment. The “Instant Payments Transformation Guide: Grocery, Pharmacy And Convenience Retailers,”...

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Report: UK’s Asda Seeks $16B Retail-Gas Station Merger With EG
Report: UK’s Asda Seeks $16B Retail-Gas Station Merger With EG
January 22, 2023  |  Acquisitions

Grocery chain Asda and gas station operators EG are reportedly exploring a $16 billion merger. That’s according to a Saturday (Jan. 21) report by The...

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UK’s Hotel Chocolat Defies Retail Slump, Will Open 50 New Stores
UK’s Hotel Chocolat Defies Retail Slump, Will Open 50 New Stores
January 20, 2023  |  Retail

Hotel Chocolat said focusing on “quality over quantity” paid off during the holiday shopping season. The British omnichannel retailer of luxury chocolates and gifts said...

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Ransomware Attack Affects 300 UK Yum! Brand Restaurants
Ransomware Attack Affects 300 UK Yum! Brand Restaurants
January 19, 2023  |  Security & Fraud

The fast food company Yum! Brands has announced a major cybersecurity breach in the U.K. In a Wednesday (Jan. 18) statement, the firm, which operates...

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