FinTech app Revolut has announced it will allow its business customers to make fee-free U.S. dollar (USD) transfers to the United Kingdom, IBS Intelligence reported...
Three of the U.K.’s biggest lenders need to do more to show they could fail without harming customers and taxpayers, the Bank of England (BOE)...
Today in TechREG, the Consumer Financial Protection Bureau (CFPB) removed Upstart from its list of approved “no-action letters” (NALs). The NALs provided regulatory immunity, but...
The U.K. Treasury released a policy paper on Wednesday (June 8) proposing a new regulatory framework that would provide the Bank of England (BoE) and...
In today’s top stories from Europe, the Middle East and North Africa, British digital bank Zopa is launching a suit of regulated buy now, pay...
Digital bank Zopa is hoping to capitalize on the United Kingdom’s buy now, pay later (BNPL) market — worth 6 billion British pounds (about $7.5...
Payments company Barclaycard and embedded business finance platform Liberis have teamed up to offer small- to medium-sized business (SMB) customers access to personalized, revenue-based financing,...
Banking-as-a-Service (BaaS) provider LHV UK has raised 30 million British pounds (about $38 million) to finance the creation of a new British bank, UK Tech...
Online car retailer Cazoo said it will reduce about 15% of its workforce and slow new hiring in an effort to cut costs. Get the...