United Kingdom

Big Tech Firms Warn UK Risks Losing Its ‘FinTech Crown’
Big Tech Firms Warn UK Risks Losing Its ‘FinTech Crown’
June 06, 2023  |  Europe

A U.K. lobbying group wants Great Britain’s next government to improve the country’s technological standing. In a report issued Tuesday (June 6), UK Tech —...

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Report: FTX Collapse Triggered 41% Spike in UK Crypto Fraud
Report: FTX Collapse Triggered 41% Spike in UK Crypto Fraud
May 30, 2023  |  Security & Fraud

The value of U.K. cryptocurrency fraud hit a record high following the collapse of FTX. That’s according to a recent report by law firm RPC,...

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Uber Hopes UK Airline Bookings Will Speed Super App Takeoff
Uber Hopes UK Airline Bookings Will Speed Super App Takeoff
May 10, 2023  |  Ridesharing

Uber has reportedly added flight bookings in the U.K. to fuel its super app ambitions. The changes let customers in Great Britain schedule full journeys...

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British Consumers Expect Inflation to Slow
British Consumers Expect Inflation to Slow
May 01, 2023  |  International

British consumers are feeling more optimistic about inflation. Consumers said in April that they expect inflation to be 5.2% a year from now, a figure...

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An Insider on Open Banking’s Power to Deliver Faster Payments
An Insider on Open Banking’s Power to Deliver Faster Payments
April 21, 2023  |  Faster Payments

Despite instant settlement, lower fees and fraud protection, open banking payment rails in the U.K. are lagging in adoption. New payment option providers such as...

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UK FinTechs Seek Government Support After SVB Collapse
UK FinTechs Seek Government Support After SVB Collapse
April 16, 2023  |  Startups

British FinTech startups are concerned their country has lost its standing in the financial world. According to a Saturday (April 15) report by the Financial...

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Tesco Offers 90 Million Personalized Coupons to Maintain Customer Loyalty
Tesco Offers 90 Million Personalized Coupons to Maintain Customer Loyalty
April 13, 2023  |  Earnings

As inflation ate into Tesco’s profits, the grocer’s couponing efforts helped keep customers coming back. The British multinational grocery giant shared in its financial results...

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Revolut Board Concerned About ‘Misstated’ Revenues
Revolut Board Concerned About ‘Misstated’ Revenues
March 30, 2023  |  Digital Banking

Revolut’s response to an audit of its books has reportedly drawn criticism from its board. Earlier this month, the British FinTech had announced that an...

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France’s Numeral Takes On UK’s Fight Against IBAN Discrimination
France’s Numeral Takes On UK’s Fight Against IBAN Discrimination
March 14, 2023  |  Payment Methods

French payments platform Numeral is joining the U.K.’s fight against IBAN discrimination. The banking aggregation and payment automation platform announced Tuesday (Mar. 14) it was...

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