UK’s FCA Seeks Comment on Proposed Cryptocurrency Regulations

UK’s FCA Seeks Comment on Proposed Cryptocurrency Regulations
UK’s FCA Seeks Comment on Proposed Cryptocurrency Regulations
December 16, 2024  |  Cryptocurrency

The United Kingdom’s Financial Conduct Authority is seeking public comment on its plans to improve the transparency of the country’s cryptocurrency markets. The FCA’s request...

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UK Publishes Safety Rules for Online Service Providers
UK Publishes Safety Rules for Online Service Providers
December 16, 2024  |  Legal & Regulation

The United Kingdom’s internet regulator issued final safety guidelines for online service providers. “People in the U.K. will be better protected from illegal harms online,...

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Walmart’s Mexican Business Unit to Challenge Antitrust Authority’s Ruling
Walmart’s Mexican Business Unit to Challenge Antitrust Authority’s Ruling
December 16, 2024  |  ANTITRUST

Walmart’s Mexican business unit, Walmart de México y Centroamérica (Walmex), said a decision by Mexico’s antitrust authority will not affect its business. The company also...

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Finance Leaders Use Data-as-a-Service to Flip the Switch on Real-Time Treasury
Finance Leaders Use Data-as-a-Service to Flip the Switch on Real-Time Treasury
December 16, 2024  |  B2B Payments

Today’s treasury operations are a far cry from your father’s, as the saying goes. Agility, powered by real-time insights and dynamic decision-making, is increasingly allowing...

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FIS Reportedly Spending $300 Million to Buy UK FinTech Demica
FIS Reportedly Spending $300 Million to Buy UK FinTech Demica
December 16, 2024  |  Partnerships

FIS is reportedly acquiring U.K. supply chain finance firm Demica in a $300 million deal. The two parties agreed to a deal last week, Sky...

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Card Networks Challenge FinTechs for Account-to-Account Payments Share
Card Networks Challenge FinTechs for Account-to-Account Payments Share
December 16, 2024  |  Payments Innovation

Earlier this year, PYMNTS Intelligence found that more than half of consumers were not aware of pay-by-bank options, or were hesitant to use them. In...

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Google Unveils Enterprise AI Platform With Search and Agents
Google Unveils Enterprise AI Platform With Search and Agents
December 16, 2024  |  Artificial Intelligence

Google unveiled a platform that provides artificial intelligence agents and AI-powered search to enterprises. The new Google Agentspace brings together the company’s Gemini AI model...

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Luxury Brands Turn to Outlet Stores as Consumers Cut Back
Luxury Brands Turn to Outlet Stores as Consumers Cut Back
December 16, 2024  |  Retail

With their sector facing a downturn, luxury brands are reportedly pinning their hopes on outlets. As The Wall Street Journal (WSJ) reported Monday (Dec. 16), retailers, and...

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Stenn Collapses Over FinTech’s Possible Ties to Money Launderers
Stenn Collapses Over FinTech’s Possible Ties to Money Launderers
December 16, 2024  |  AML

U.K. FinTech Stenn has reportedly collapsed over possible ties to a Russian money laundering scheme. The company was placed into administration — a type of insolvency procedure...

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