United Kingdom

Western Union Unveils UK High-Value Transfers; Gap Taps Adyen For European Payments
Western Union Unveils UK High-Value Transfers; Gap Taps Adyen For European Payments
October 10, 2018  |  Global Payments

Welcome to The Axis, your look at payments news from around the world. Coverage includes The Western Union Company’s roll out of high-value digital transfers...

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US Regulators Lead Pack In Penalties On Firms And Individuals
US Regulators Lead Pack In Penalties On Firms And Individuals
October 05, 2018  |  Regulation

In the rundown of how individual countries rank, in terms of regulators levying fines on people and corporations, the United States tops the list. That’s...

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Western Union Expands Banco Monex Alliance, Volopa Unveils Contactless Multi-Currency Cards
Western Union Expands Banco Monex Alliance, Volopa Unveils Contactless Multi-Currency Cards
September 24, 2018  |  Global Payments

Welcome to The Axis, your look at payments news from around the world. Coverage includes the expansion of the alliance between Western Union Business Solutions and...

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PayPal-iZettle Deal Probed By UK Regulators
PayPal-iZettle Deal Probed By UK Regulators
September 21, 2018  |  Partnerships / Acquisitions

As reported by the Financial Times on Friday (Sept. 21), the United Kingdom’s competition watchdog, the Competition and Markets Authority said, in what is known...

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Bitcoin Daily: UK, China Issue Crypto-Related Warnings, Russian Police Seize 20 Crypto ATMS
Bitcoin Daily: UK, China Issue Crypto-Related Warnings, Russian Police Seize 20 Crypto ATMS
September 04, 2018  |  Bitcoin

U.K.’s financial services providers watchdog, the Financial Conduct Authority (FCA), has sent out a warning about three crypto-related firms that have been operating without a...

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UK Debt Advice Providers Lack Funding To Keep Up With Demand
UK Debt Advice Providers Lack Funding To Keep Up With Demand
August 27, 2018  |  Europe

As consumer debt levels in the U.K. are on the rise and debt collection groups are reportedly not paying voluntary contributions, providers of debt advice...

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GDPR Thins The Herd For Online And Mobile Advertising
GDPR Thins The Herd For Online And Mobile Advertising
August 23, 2018  |  Legal

Don’t cry for Facebook. Sure, the social media platform said it lost one million active users from Europe after the General Data Protection Regulation (GDPR)...

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UK Government Urged To Break Up Financial Reporting Council
UK Government Urged To Break Up Financial Reporting Council
August 08, 2018  |  B2B Payments

The U.K. government heard calls this week to break up its Financial Reporting Council (FRC), separating the body’s audit watchdog and corporate governance roles into...

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UK To Fine Critical Companies With Weak Cybersecurity
UK To Fine Critical Companies With Weak Cybersecurity
January 30, 2018  |  Safety and Security

Critical companies in the United Kingdom could face a hefty fine – up to £17 million ($24 million) – if they don’t ensure that their...

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