uk

Lloyds Online Banking Platform Experiences Outages
Lloyds Online Banking Platform Experiences Outages
February 11, 2019  |  Banking

Lloyds, the U.K. banking company, saw its online banking platform go down on Monday (Feb. 11) morning, with City A.M. reporting some users couldn’t get...

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As Brexit Looms, FinTech Firms Scramble For Lithuanian Licenses
As Brexit Looms, FinTech Firms Scramble For Lithuanian Licenses
February 08, 2019  |  International

With Britain set to leave the European Union on March 29, financial companies from Britain and elsewhere are scrambling to secure electronic money institution licenses...

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Revolut Runs Into Trouble With Ad That Highlights Transactions
Revolut Runs Into Trouble With Ad That Highlights Transactions
February 08, 2019  |  Payment Methods

Revolut, the U.K. FinTech that has been growing at a rapid pace, was forced to acknowledge it made up stats for a recent advertising campaign....

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UK Preps For No-Deal Brexit Via Customs, Clearing Houses
UK Preps For No-Deal Brexit Via Customs, Clearing Houses
February 05, 2019  |  Brexit

The U.K. continues to prepare for the possibility of a no-deal Brexit by making sure its clearing houses and customs procedures can still do business...

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Link, ATM Operator Face Potential Court Fight
Link, ATM Operator Face Potential Court Fight
February 03, 2019  |  Bank Regulation

NoteMachine, one of the biggest ATM operators in the U.K., is threatening to sue Link, the U.K. body that oversees the network of cash machines...

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Barclays Shifts 15 Pct Of Assets To Dublin In Brexit Plan
Barclays Shifts 15 Pct Of Assets To Dublin In Brexit Plan
January 31, 2019  |  B2B Payments

U.K. financial institution Barclays has moved about 15 percent of its total assets to Dublin in anticipation of Brexit, reports in the BBC said on Wednesday...

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FinTech And Banking Apps Are Getting Stickier
FinTech And Banking Apps Are Getting Stickier
January 16, 2019  |  Mobile Applications

Consumers in the U.K. really, really like to keep tabs on their banking accounts. In fact, in 2018, they did so more than seven times...

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Brexit A Bust – And A Blow To UK’s FinTech Role?
Brexit A Bust – And A Blow To UK’s FinTech Role?
January 15, 2019  |  International

Down for the count, where the tally is 432 to 202. And for Brexit, the question now becomes: What’s next? The news came down late in...

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UK Retailers’ Holiday Sales Have Worst Performance In A Decade
UK Retailers’ Holiday Sales Have Worst Performance In A Decade
January 10, 2019  |  Europe

Retailers in the U.K. had a poor showing during the holiday shopping season; The Financial Times reported that despite steep price cuts, retail sales had their...

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