uk

UK’s CMA Says Google’s Ad Tech Practices May Violate Competition Law
UK’s CMA Says Google’s Ad Tech Practices May Violate Competition Law
September 06, 2024  |  Google

The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 6) that it has found that Google may have harmed competition by using its dominance...

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Liability Remains Murky Despite Reduction in UK Push Payments Fraud Fine
Liability Remains Murky Despite Reduction in UK Push Payments Fraud Fine
September 04, 2024  |  Security & Fraud

It’s said in jurisprudence that hard cases make bad law. Bad laws have the unintended consequences of hurting society, encouraging bad behavior, or both. In...

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FCA: Banks Need to Make It Easier to Create Accounts
FCA: Banks Need to Make It Easier to Create Accounts
September 04, 2024  |  Bank Regulation

The U.K.’s Financial Conduct Authority (FCA) wants banks to make it easier for customers to apply for accounts. The regulator issued a report encouraging banks...

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Report: UK Regulator Makes Massive Cut to Fraud Reimbursement Plan
Report: UK Regulator Makes Massive Cut to Fraud Reimbursement Plan
September 04, 2024  |  Security & Fraud

The U.K.’s payment regulator is reportedly making a drastic cut to its fraud reimbursement plan. Banks and payment companies in England would have had to...

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What the US Can Learn From Europe’s Digital Wallet Renaissance
What the US Can Learn From Europe’s Digital Wallet Renaissance
September 03, 2024  |  Mobile Wallets

Digitization over the past decade-plus has transformed the back office with next-generation software solutions. But it’s not just the back office; innovations like digital wallets...

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Unions to UK Banks: Get Ready to Retrain AI-Displaced Workers
Unions to UK Banks: Get Ready to Retrain AI-Displaced Workers
August 27, 2024  |  Artificial Intelligence

Unions in the United Kingdom want the country’s banks to be ready to retain workers displaced by artificial intelligence. At the U.K.’s Trades Union Congress...

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UK Banks Struggle With ‘Ambiguous’ Fraud Reimbursement Rules
UK Banks Struggle With ‘Ambiguous’ Fraud Reimbursement Rules
August 21, 2024  |  Security & Fraud

Banks, FinTechs and payments companies in the United Kingdom are reportedly struggling with the country’s new fraud rules. The entities have until Oct. 7 to...

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Revolut Valued at $45 Billion in Secondary Share Sale
Revolut Valued at $45 Billion in Secondary Share Sale
August 16, 2024  |  Digital Banking

Revolut signed agreements with investors for a secondary share sale that values the company at $45 billion. The British FinTech launched the secondary share sale...

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TaluCard Unveils Biometric Payment Card, App for Visually Impaired Consumers
TaluCard Unveils Biometric Payment Card, App for Visually Impaired Consumers
August 14, 2024  |  Biometrics

TaluCard plans to launch a physical biometric payment card and complementary app designed to provide an accessible and secure payment solution for users with visual...

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