Facebook got hit with a $644,600 fine in the U.K. after the Information Commissioner’s Office (ICO) ruled that the social media network operator was engaged in “serious...
Goldman Sachs is moving its Marcus business line into its wealth-management unit. According to an internal memo seen by Bloomberg, the firm’s $1.5 trillion investment-management...
Marqeta, a U.S. financial technology startup backed by Goldman Sachs, is expanding overseas. Investing.com, citing a Reuters report, said that the company, which helps other...
The CEO of Jaguar Land Rover has warned that key industries will be destroyed by a hard Brexit. Last month it was reported that the...
Pay.UK, the retail payments authority (formerly known as the New Payment System Operator / NPSO), announced on Thursday (Oct. 18) that it has published a...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes tension between two big online players, along...
Lloyds Banking Group has been ordered by the Competition and Markets Authority (CMA) to improve its communications with customers pertaining to payment protection insurance (PPI)...
Aston Martin and Funding Circle, two high-profile companies that went public in London, aren’t fairing well as public companies — which bankers in the U.K....
Following a complaint from Citizens Advice, Britain’s competition regulator might investigate financial service and telecom companies. The group had contended that consumers were being “ripped...