Sections
Brexit
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1.8KBrexitUK Says No Thanks To EU On Finance Regulation
The British government has announced that the U.K. will look to develop its own regulatory framework separate from EU standards as part...
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1.4KRegulationEuropean Commission Proposal Consolidates Power Over Financial Industry
In an effort to extend the European Union’s (EU) control over the financial industry following Brexit, the European Commission released a proposal...
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1.6KB2B PaymentsWhy B2B May Be The Key To Europe’s FinTech Pursuit
Europe is on the path to entice FinTechs. European Union (EU) finance ministers met this week to discuss ways in which the...
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3.8KB2B PaymentsFinserv Exodus Won’t Be As Bad As Initially Thought, Says Reuters
A new survey released by Reuters on Monday (Sept. 18) suggests the outflow of finance sector professionals from the U.K. economy as...
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1.5KBank RegulationEU To Centralize Market Supervision At Banks’ Expense
The European Union wants market supervision to integrate more fully than has been the case, with the price tag borne by the...
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2.1KB2B PaymentsBrexit Hasn’t Knocked London Off Top Spot In Finance World
Despite Brexit, London remains the most attractive destination for finance, according to a new survey from The Z/Yen global financial centers index...
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1.9KInternationalEU Finance Ministers To Meet To Find Ways To Lure FinTechs
European Union (EU) finance ministers are gearing up to hold talks next week centered on finding ways to lure more FinTech companies their way,...
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1.8KB2B PaymentsTreasurers Failing To Use Tech To Combat FX Risk, Deloitte Finds
In its biennial exploration of the evolving role of corporate treasurers, Deloitte is keeping tabs on how treasurers are embracing technology and...
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1.4KInternationalHigher Costs Loom For SMBs Post-Brexit
In Europe, Brexit may be setting up to have an outsized effect on small and mid-sized firms, hitting them in the form...
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3.6KB2B PaymentsEU Investment Fund Continues Withdrawal From UK SMB Funding
Non-financial business lending in the U.K. has dipped significantly, according to new data outlined by Business Matters, with European funds also pulling back...
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3.0KB2B PaymentsSMBs’ Focus On Financial Expertise Leads Growth Strategy
Small business lending in the U.K. took a major downturn in July, according to new figures, with financing dropping by $900 million...
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742RetailRetail Sales In UK Continue To Drop
British consumers appear to be curbing their spending as the impact of the U.K.’s June 2016 Brexit vote continues to take hold...
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1.7KBrexitBrexit News: Trade Talks Timeline To Get Pushed Out?
In Euro news, the timetable for Brexit trade talks may be pushed back to the end of the year. The Guardian has reported the...
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1.5KB2B PaymentsCFOs’ Strategic Planning Left Unchanged With Brexit So Far
There have been mixed messages about the impact Brexit has, or may have, on small- and mid-sized businesses (SMBs) in the U.K....
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4.1KBrexit
Higher Education Weighs In On Brexit
Brexit is getting schooled. Well, in a way. British online newspaper The Independent reported news that a number of highly-regarded, U.K.-based universities...
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1.8KRegulation RoundupSenate To Mull Financial Choice Act, UK Officials Look For Tighter Controls
The summer torpor is about to dispel, and financial regulatory activity is about to heat up in Congress and beyond. As has...
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1.7KB2B PaymentsNumber of U.K. Firms In Significant Financial Distress Jumps
New data from insolvency firm Begbies Traynor may set off alarm bells: The number of U.K. businesses considered to be in “significant”...
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3.7KRegulation RoundupTrump’s Fed Nominee Points To Regulatory Revamp
Not all financial services regulation is occurring across the pond, though Brexit and other countries grabbed their share of headlines this past...
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1.8KSizzle/FizzleBig Banks Sizzle, Chipotle Fizzles And Samsung Snags Some Sizzle Earnings
Sizzle: PayPal: Two hundred and ten million of anything is a big number. But especially so when it comes in the form of...
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3.8KEarningsMastercard Gets Vocal on VocaLink, Kroger, Masterpass
A rise in consumer spending, broad-based across several geographies, helped Mastercard beat Wall Street estimates for the second quarter. The company announced...
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2.2KB2B PaymentsPound’s Fall An Unexpected Sunny Side Of Brexit For Some SMEs
Small businesses in the U.K. are taking a hard look at their role not only in the national market, but on a...
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2.1KBrexit
Contingency Plans Mulled Ahead of Brexit
Contingency plans seemed to be the name of the game in recent days as relates to Brexit, and as the Telegraph reported,...
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2.9KVISAVisa Beats 3Q Estimates As Payments Volume Leaps
Double-digit transaction growth and strength in Europe boosted Visa’s earnings beyond the Street’s expectations, while management also gave the lift to expected revenue...
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1.8KB2B PaymentsMid-Market Firms Have Outgrown Their Procurement Strategies
With focus in the U.K. on small businesses as they struggle to survive late payments and restricted access to capital, the mid-market...
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3.1KB2B PaymentsThe Lines Are Blurring Between Alternative, Traditional SME Finance
Alternative lending has shifted from a competitor of traditional FIs to a collaborator, often lending a digital hand to banks in need...
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2.3KBrexitCitigroup To Open Up EU Base In Germany
In preparation for Britain’s exit from the European Union (EU), many banks are assessing their operations and scouting out new spots. One...
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2.2KB2B PaymentsU.K. SMEs’ Bad Debt Levels Soar 70 Percent
New Bibby Financial Services research suggests bad SME debt in the U.K. is on the rise. Reports Friday (July 14) said the...
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1.7KB2B PaymentsMarketInvoice Now Lets Businesses Finance Foreign Invoices
MarketInvoice, based in the U.K., is adding support for companies that have foreign invoices, reports said Friday (July 14). The invoice financing...
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1.7KBankingIn Land Of Free Banking Apps, Red Ink And Investor Support Only Go So Far
Upstarts are trying to eat traditional banks’ lunch, especially in Europe. But the field is a crowded one, awash in red ink. Will...
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1.8KB2B PaymentsUK Government Recruits Big Banks For SME Trade Finance
As part of a broader effort to keep the economy strong post-Brexit, the United Kingdom has reportedly reached a deal with the...
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3.3KB2B PaymentsSome U.K. SMEs Say Payment Terms Are Getting Worse
U.K. regulators may be working to improve payment terms and times to small suppliers, but new data from Crossflow Payments suggests terms...
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5.3KData DiveData Dive: The Deal Heard Round the World(pay)
A literal big deal, global in scope, dominates the Data Dive. Oh, and there was some hacking to boot. Of devices and...
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2.4KRetailBritish Grocers Get A Boost From Brexit
The fallout of Brexit has been pretty sobering for Britain. Prices are up, wage growth is down, and both of those have...
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5.0KSizzle/FizzleLet’s Hear It For (Sizzling) Voice-Activated Speakers
Alexa or Siri, Google at Home or via mobile, voice is sizzling, deployed over technology’s various platforms. And for a fizzle, try...
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3.2KPayment MethodsIn Wake of Vantiv for Worldpay, Europe Beckons?
Falling sterling and growing digital payments make not-so-strange bedfellows. News that Worldpay has agreed, in principle, to a $9.9-billion deal to merge...
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2.0KBrexitBucking Brexit, UK’s Tide Raises $14M In Funding
Among the latest traditional bank challengers to raise money across the pond is Tide, based in the U.K. The company, which delivers...
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1.4KBanking
New Trade Association U.K. Finance Has Been Formed
The U.K. Finance, a new trade association, announced Monday (July 3) it was formed on July 1 to represent the finance and...
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1.5KBrexitBrexit Talent Drain A Leak Likely To Deluge?
Brexit is still being worked on, worked out and one wonders what workers will do. For the highly skilled employees of both...
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2.3KBanking
Banks Face $17B Brexit Bill
The Brexit could cost U.K. banks around $17 billion as they look to reshuffle various activities to different points in Europe, according...
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1.6KRetailHedge Fund Investors Soft on U.K. Retail Stocks
Following on on the heels of Brexit, hedge funds are not too optimistic about Britain’s high street retailers. As evidence of this,...
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1.5KBrexit
Brexit: The Show Must Go On?
In the wake of the Conservative Party’s surprise victory in the snap elections held in Britain last week, negotiations over Brexit will...
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4.0KInternationalThis Is Brexit? First U.K. Consumer Spending Drop In Four Years
The pound has been on a downward spiral since the Brexit referendum, and that inflation is reflected in lack of consumer spending....
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1.7KB2B PaymentsUK Firms React To Election Surprise With Brexit Hopes
While the results of the snap election that U.K. Prime Minister Theresa May had called for may boost political uncertainty, reports in...
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2.6KBank Regulation
Dodd-Frank Rollback Tops Regulatory Landscape
Big picture thinking dominated news surrounding financial services and payments regulations this past week. In the U.K., a contentious election brought “hard” and...
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1.4KEuropeU.K. Election Surprise Throws Brexit Fate Into Doubt
It seems things have not turned out quite as expected for Theresa May and her Conservative government in the U.K. The plan...
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2.1KRetailDelivery, Casual Dining And Consumer Confidence Will Shape Future of Restaurants
In an age of third-party food delivery services, economic uncertainty and casual dining, it is unclear who will win the restaurant race....
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1.1KBrexit
Brexit Drives Investor Pessimism
Beyond the battling over passporting and myriad issues tied to the negotiations over Brexit and the snap election scheduled for later this...
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4.1KSizzle/Fizzle
Online Fraud Detection Sizzles, iPhone Shares Fizzle — And Some Upbeat Economic News
Sizzle Online fraud falls — a LOT: Contrary to popular opinion — and perhaps contrary even to logic — the fraud fight has...
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1.7KBrexitHundreds of Treaties Loom for Brexit Negotiations
No one said that untangling the ties between the United Kingdom and the European Continent in the wake of Brexit would be...
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1.9KB2B PaymentsUK Endures Q1 Insolvency Spike
U.K. business insolvencies are up, according to new analysis from Hudson Weir. The London-based insolvency firm released the latest data this week...
