United Kingdom

Handicapping the US, UK and Europe Real-Time Payments Race
Handicapping the US, UK and Europe Real-Time Payments Race
October 06, 2023  |  Real-Time Payments

Real-time payments have revolutionized the global financial landscape, fostering greater efficiency, convenience and inclusion. Countries worldwide are embracing real-time payment systems to meet the growing...

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Apple Adds Open Banking-Powered Capabilities to iPhone Wallet in UK
Apple Adds Open Banking-Powered Capabilities to iPhone Wallet in UK
September 29, 2023  |  Apple

Apple has reportedly soft launched an iPhone Wallet app integration that provides users in the United Kingdom with their current account balances and transaction histories. This...

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HSBC and Nova Team to Help UK Immigrants Boost Their Credit
HSBC and Nova Team to Help UK Immigrants Boost Their Credit
September 18, 2023  |  Financial Inclusion

British banking giant HSBC and Nova Credit want to let U.K. immigrants improve their credit. The partnership, announced Monday (Sept. 18) in a news release...

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EchoPay and Token.io Partner on Account-to-Account Payments for UK Wholesalers
EchoPay and Token.io Partner on Account-to-Account Payments for UK Wholesalers
August 22, 2023  |  Partnerships

EchoPay and Token.io have joined forces to introduce account-to-account (A2A) payments to wholesale merchants in the United Kingdom. This partnership aims to significantly reduce payment costs for wholesalers...

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JPMorgan to Expand Online Banking Platform Into Germany and EU
JPMorgan to Expand Online Banking Platform Into Germany and EU
July 21, 2023  |  Digital-First Banking

J.P. Morgan reportedly plans to expand its online banking platform Chase into Germany and other European Union (EU) countries. Preparations for such a move have...

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UK Retail Sales Rise 0.7% Amid Good Weather and Sales
UK Retail Sales Rise 0.7% Amid Good Weather and Sales
July 21, 2023  |  Retail

British consumers’ purchases rose by 0.7% in June after increasing just 0.1% in May. Month-over-month retail sales volumes in the United Kingdom increased across all...

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FCA Proposes Consumer Duty on Social Media Financial Product Ads
FCA Proposes Consumer Duty on Social Media Financial Product Ads
July 17, 2023  |  Regulation

The U.K.’s financial watchdog wants to crack down on illicit marketing of financial products on social media. That crackdown, the Financial Conduct Authority (FCA) announced...

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CAB Payments Sees ‘Significant’ IPO Interest Despite Rocky UK Market
CAB Payments Sees ‘Significant’ IPO Interest Despite Rocky UK Market
June 15, 2023  |  IPO

CAB Payments Holdings has confirmed its plans to go public on the London Stock Exchange. The payments services/foreign exchange company had first announced plans for...

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Andreessen Sees UK as Crypto Haven Amid US Crackdown
Andreessen Sees UK as Crypto Haven Amid US Crackdown
June 12, 2023  |  Cryptocurrency

Amid America’s crypto crackdown, Andreessen Horowitz is reportedly looking to the U.K. The venture capital firm is opening a new office in London later this...

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