BoE

BoE Urges UK Payment Firms to Upgrade Operational Resilience
BoE Urges UK Payment Firms to Upgrade Operational Resilience
April 30, 2024  |  Payments As A Service

Are companies offering payments services in Great Britain prepared for disruptions such as cyberattacks? Sasha Mills, executive director for financial market infrastructure (FMI) at the Bank...

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BoE Official Calls For Closer Look at Non-Bank Lenders
BoE Official Calls For Closer Look at Non-Bank Lenders
February 26, 2024  |  Loans

A Bank of England official is calling for more research into non-bank lenders. This effort would help prevent a “credit crunch” that could result from a pull-back by hedge...

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SMBs Suffer as Cost of UK Business Loans Increases
SMBs Suffer as Cost of UK Business Loans Increases
December 20, 2022  |  SMBs

U.K. SMBs are feeling the pinch as business loan costs have increased to 4.7%. As British banks react to a difficult macroeconomic environment, the cost...

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Bank of England Will Stress Test Financial Markets
Bank of England Will Stress Test Financial Markets
December 13, 2022  |  emea

England’s central bank is planning on gauging the resiliency of non-bank financial markets. As one of its most important protective functions, the Bank of England...

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Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
June 24, 2022  |  emea

This week, the U.K. government and some regulatory agencies in the country announced changes to regulate the buy now, pay later (BNPL) sector and to...

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BoE Cuts Interest Rate, Launches SMB Incentives To Cope With Coronavirus Impact
BoE Cuts Interest Rate, Launches SMB Incentives To Cope With Coronavirus Impact
March 11, 2020  |  Coronavirus

In an emergency move designed to stem the economic impact of the coronavirus, the Bank of England on Wednesday (March 11) cut the country’s interest...

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Incoming BoE Gov Scrutinizes Libra
Incoming BoE Gov Scrutinizes Libra
March 04, 2020  |  Cryptocurrency

Andrew Bailey, the incoming governor of the Bank of England (BoE), said that he wasn’t sure about Facebook’s proposed digital currency, Libra, because he wasn’t...

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G7 Raises Concerns Over Facebook’s Libra
G7 Raises Concerns Over Facebook’s Libra
June 19, 2019  |  Cryptocurrency

Facebook’s Tuesday (June 18) news of the launch of its Libra cryptocurrency was heard around the world, and the Group of Seven (G7) nations definitely...

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Bank of England Governor Says Banks Overstate Their Shield Against FinTechs
Bank of England Governor Says Banks Overstate Their Shield Against FinTechs
November 29, 2017  |  Banking

The Bank of England (BoE) warned Tuesday (Nov. 28) that U.K.-based banks may be doing some boasting when they say they can stop FinTechs from...

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