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Today in Crypto: Nexo Plans to Buy Vauld; UK Explores DeFi Taxation
Today in Crypto: Nexo Plans to Buy Vauld; UK Explores DeFi Taxation
July 05, 2022  |  Cryptocurrency

Nexo, the cryptocurrency lender, said it plans to buy troubled fellow lender Vauld, showing how a consolidated crypto industry might look, Reuters wrote Tuesday (July...

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Revolut Takes on Square, PayPal in UK With POS Reader
Revolut Takes on Square, PayPal in UK With POS Reader
July 05, 2022  |  POS Innovation

Revolut announced Tuesday (July 5) the launch of Revolut Reader, a pocket-sized card reader designed to let merchants accept payments in person and on the...

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TikTok Trials eCommerce Offering
TikTok Trials eCommerce Offering
July 01, 2022  |  Social Commerce

TikTok is testing a feed set apart for shopping in a bid to increase revenues for the company’s corporate parent, ByteDance, according to a TechCrunch...

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Authorized Push Payment Fraud Reaches ‘Epidemic’ Levels in UK
Authorized Push Payment Fraud Reaches ‘Epidemic’ Levels in UK
June 29, 2022  |  Security & Fraud

The U.K. is experiencing a widespread “epidemic” of payments fraud, in which scammers trick victims into sending money into fraudsters’ accounts, the Financial Times reported...

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The Bank of London to Integrate SAP Fioneer’s Cloud for Banking Platform
The Bank of London to Integrate SAP Fioneer’s Cloud for Banking Platform
June 28, 2022  |  Cloud Banking

The Bank of London announced Tuesday (June 28), that it will integrate SAP Fioneer’s Cloud for Banking platform (C4B) into the Bank of London API....

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Santander: ‘Celebrity-Endorsed’ Crypto Scams in UK Could Double
Santander: ‘Celebrity-Endorsed’ Crypto Scams in UK Could Double
June 28, 2022  |  Security & Fraud

Banco Santander is warning customers in the United Kingdom that celebrity-endorsed cryptocurrency scams are on track to nearly double this year. According to an announcement...

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Mastercard, Paysafe Expand Tie-Up With Faster Payments From Mastercard Send
Mastercard, Paysafe Expand Tie-Up With Faster Payments From Mastercard Send
June 28, 2022  |  Partnerships

Mastercard and Paysafe have announced they are expanding their collaboration to bring the Mastercard Send service to Paysafe’s payments platform in the United Kingdom and...

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Battle for London Rages on as Q-Commerce Eyes Path to Profit
Battle for London Rages on as Q-Commerce Eyes Path to Profit
June 27, 2022  |  Delivery

In the United Kingdom’s on-demand delivery sector — also known as quick-commerce or Q-Commerce — the story so far has been one of intense competition...

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EMEA Daily: VC Firm Presto Ventures has New Fund; Gorillas Exits Belgium
EMEA Daily: VC Firm Presto Ventures has New Fund; Gorillas Exits Belgium
June 24, 2022  |  emea

In today’s news, venture capital fund Presto Ventures has a new fund to help B2B startups, while delivery firm Gorillas is closing warehouses and planning...

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