uk

Independent Panel To Review UK’s FinTech Sector 
Independent Panel To Review UK’s FinTech Sector 
July 21, 2020  |  Fintech Investments

A panel established to grow the United Kingdom’s financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government...

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UK Treasury Nixes Idea For New Coronavirus Funding Scheme
UK Treasury Nixes Idea For New Coronavirus Funding Scheme
July 02, 2020  |  B2B Payments

The U.K. Treasury will not be rolling out a proposed emergency coronavirus funding scheme that would have sent billions to providers of supply chain finance,...

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UK Financial Authority On The COVID-19 Pandemic’s Impact On Open Banking
UK Financial Authority On The COVID-19 Pandemic’s Impact On Open Banking
June 30, 2020  |  Bank Regulation

The pandemic has accelerated consumer preferences for contactless payments, leaving merchants scrambling to process higher volumes while remaining compliant with rules for strong customer authentication...

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Zopa Secures UK Banking License
Zopa Secures UK Banking License
June 24, 2020  |  Bank Regulation

Zopa, the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial...

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Goldman Sachs’ Marcus Pauses Adding Some UK Accounts To Avoid ‘Ring Fencing’ Rules
Goldman Sachs’ Marcus Pauses Adding Some UK Accounts To Avoid ‘Ring Fencing’ Rules
June 10, 2020  |  Banking

Goldman Sachs’ consumer digital bank Marcus is facing a nice problem to have (at least on the surface) in Britain. News emerged Wednesday (June 10)...

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UK’s National Health Service Gave Tech Giants Access To Millions of Britons’ Health Records
UK’s National Health Service Gave Tech Giants Access To Millions of Britons’ Health Records
June 08, 2020  |  Coronavirus

United Kingdom officials gave a California software company access to the private personal data of millions of British residents to answer questions around COVID-19, CNBC reported....

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UK Banks Hold Internal Investigations Into Business Loan Practices
UK Banks Hold Internal Investigations Into Business Loan Practices
May 18, 2020  |  B2B Payments

After a financial watchdog raised the issue, banks in Britain are looking into whether they pressed businesses into giving them more work in exchange for...

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Google, Apple Team For App To ID Coronavirus Contact In UK
Google, Apple Team For App To ID Coronavirus Contact In UK
April 12, 2020  |  Coronavirus

A mobile app to track the coronavirus is being developed by NHSX, the technology arm of Britain’s National Health Service (NHS), in coordination with Google...

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UK Agencies Paint Stark Reality For Retail
UK Agencies Paint Stark Reality For Retail
March 30, 2020  |  Retail

The U.S. retail picture is bleak in this time of COVID-19. But the U.K. may be even worse. Data from February shows the U.K. economy...

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