uk

UK Looks to Hold Onto Global Finance Center Status
UK Looks to Hold Onto Global Finance Center Status
November 29, 2022  |  Digital-First Banking

The U.K. will amend its banking rules to help London remain a global finance hub. As Reuters reported Tuesday (Nov. 29), London city minister Andrew...

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British Court Denies Mastercard Appeal in $19B Class-Action Lawsuit
British Court Denies Mastercard Appeal in $19B Class-Action Lawsuit
November 29, 2022  |  Legal

A British court has denied Mastercard’s appeal that’s part of a 16-billion-pound (about $19 billion) class-action suit. The ruling allows the estates of 3 million...

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Post-Pandemic Real-Time Payment Trend Shapes Future of Travel
Post-Pandemic Real-Time Payment Trend Shapes Future of Travel
November 28, 2022  |  Travel Payments

Travel bans slowed the world down, but recovery points to the attraction of real-time payments. That’s according to Spencer Hanlon, global head of travel payments...

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Atom Bank Raises $36M, No Mention of IPO
Atom Bank Raises $36M, No Mention of IPO
November 28, 2022  |  Investments

U.K. neobank Atom Bank announced on Friday (Nov. 25) that it has raised 30 million pounds ($36 million), and will use the capital to fund...

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Amazon Aims to Simplify UK Home Insurance Shopping via Marketplace
Amazon Aims to Simplify UK Home Insurance Shopping via Marketplace
November 28, 2022  |  Amazon

The insurance industry is one of the most mature and competitive markets globally, but it’s one often associated with legacy infrastructure, time-consuming paperwork and complex...

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UK Lawmakers Approve Rules to Ease Seizure of Terror-Linked Crypto
UK Lawmakers Approve Rules to Ease Seizure of Terror-Linked Crypto
November 27, 2022  |  Cryptocurrency

With terror attacks tied to cryptocurrency projected to quadruple, the U.K. has approved new rules making it easier for law enforcement to seize crypto connected...

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Health and Wellness Options Increase as Brits Gift Subscriptions This Holiday Season
Health and Wellness Options Increase as Brits Gift Subscriptions This Holiday Season
November 27, 2022  |  Subscription Commerce

As noted in the November edition of the PYMNTS Subscription Commerce Tracker, nearly two-thirds of U.K. consumers plan to reevaluate their subscriptions in the next...

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UK Finance Ministry Nixes Veto Proposal Over Regulators
UK Finance Ministry Nixes Veto Proposal Over Regulators
November 23, 2022  |  Regulation

A proposal that would have allowed Britain’s finance ministry to overturn decisions made by financial regulators has been removed from a bill that is now...

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Uber Taps Rapid Delivery Partner Zapp to Drive Cross-Platform Spending
Uber Taps Rapid Delivery Partner Zapp to Drive Cross-Platform Spending
November 23, 2022  |  Delivery

Ride-hailing company Uber Technologies announced Wednesday (Nov. 23) that it is partnering with the British 20-minute convenience delivery app Zapp to offer the latter’s products on the...

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