March 10, 2022
Tesco Bank, Onfido Team up on ID Verification
Tesco Bank has launched a partnership with identity verification firm Onfido to provide security for new customers using the Tesco Clubcard Pay+ program, the bank announced in a news release...
January 27, 2022
UK Watchdog Probes Clayton $10B Deal For Morrisons
UK’s competition regulator has formally opened an investigation into whether a takeover by US private equity firm Clayton, Dubilier & Rice Holdings (CD&R) of Morrisons will reduce choice for supermarket...
October 19, 2021
EMEA Daily: German Delivery Hero Buys Minority Stake In Gorillas...
In today’s top EMEA news, Berlin-based Delivery Hero acquires minority stake in Gorillas delivery startup, UK P2P Lender Zopa raises $303 million. Plus, digital bank Lunar buys payments platform Paylike,...
August 19, 2021
UK’s Morrisons Agrees To CD&R’s $9.54B Takeover Offer
British supermarket group Morrisons on Thursday, August 19, agreed a takeover offer worth £7.0 billion (SU$9.54 billion) from US private equity group Clayton, Dubilier & Rice, reported Reuters. Morrisons stated CD&R’s...
August 09, 2021
Goldman Sachs Warns UK Of Mortgage Price War
Goldman Sachs says ring-fencing regulations imposed after the 2008 Global Financial Crisis are driving up housing prices in England by promoting business practices that have resulted in super-low interest rates...
July 28, 2021
Banks Can Deepen Digital Transformation Through Democratizing Data For Small...
In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on...
May 24, 2021
Late Payments Disproportionately Impact Small Businesses
Small businesses are the backbone of the American economy, but many of these companies say that they encounter delays in receiving payments from their larger private sector, public sector and...
May 03, 2021
Today In B2B: Clearco Talks Performance-Based SMB Finance; Tesco Readies...
Today in B2B payments, Clearco talks performance-based small business finance, and MRB Direct explores the compliance challenge of banking cannabis. Plus, Tesco creates a sustainability-linked supplier financing program, Currencycloud collaborates...
May 03, 2021
Today In Payments Around The World: UK Banks Prepare For...
In today’s top payments news around the world, banks in the United Kingdom are bracing for a wave of requests from firms to extend terms for the Bounce Back Loan...