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Brexit
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RetailUpscale UK Retailers Look To Land In US Market
The British are coming. Again. One of the U.K.’s most high-profile retailers is doing well in the U.S. and another one is...
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Digital BankingChallenger Bank Battle In Full Swing In UK
In banking, in the jockeying and jousting for consumers’ attention (and deposits, of course), will it be a case of anarchy in...
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InternationalJPMorgan Chase To Open UK Digital Bank By Year’s End
JPMorgan Chase is taking steps to open a digital bank in the U.K. by the end of the year. The banking firm...
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NewsToday In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of Market Drop Due To Coronavirus
In today’s top news, the European Commission has plans to pool its data to better compete with Big Tech firms, and Goldman...
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InternationalUK Google Users Will Be Under US, Not EU Privacy Protections
Google users in the U.K. will no longer have access to European Union data security, instead being moved by the tech giant...
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BrexitN26’s UK Customers Scramble After Bank’s Exit
Online bank N26‘s decision to exit the U.K. has customers feeling left behind, CNBC reported. The Berlin-based digital bank said it would...
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BrexitN26 Exits UK Post Brexit
FinTech bank N26, based in Germany, will no longer operate in the U.K. following Brexit, according to reports. N26 customers will need to...
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BrexitUK Will Use Border Controls After Brexit For EU Imports
The U.K. said it is going to start putting import controls on goods coming in from the European Union after the Brexit...
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InvestmentsMoney Transfer Startup Azimo Secures €20M In Debt Equity
Money transfer FinTech startup Azimo has closed a €20 million debt finance deal from the European Investment Bank (EIB), according to reports...
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NewsTop News In Payments: Mastercard CEO Pushes Back Against National Payments System; FCA Tells Credit Cards To Ease Up On Non-Payers
In today’s top payments news, Mastercard’s CEO speaks out against a national payments system, the FCA tells credit card companies to be...
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RegulationUK Watchdog Seeks Tighter Grip On US Big Tech
The U.K.’s Competition and Markets Authority (CMA) is pushing for more leeway to go after U.S. Big Tech firms in the wake...
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BrexitVC Funding Helps UK FinTechs Weather Brexit
Today marks a red letter day in Europe, to be sure. Perhaps especially so for FinTechs across the Pond. Right into Brexit,...
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PersonnelTight UK Scooter Regs Lead To Bird Chief’s Exit
Bird Rides, Inc., the eScooter startup, lost its U.K. and Ireland boss Richard Corbett, who stepped down from the job after two...
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EconomyIndia’s Sluggish Economy Drags Down Global Growth Forecasts
The International Monetary Fund (IMF) has slashed its forecasts for growth of the global economy, calling it sluggish, and said there isn’t...
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B2B PaymentsINTL FCStone Mitigates Brexit Risk With FX Takeover
INTL FCStone, a risk management and advisory service provider for players in the financial industry, announced a new acquisition to strengthen its...
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NewsPayPal Deal, Connected Economy And Cyberwar Top Week’s News
The first full work week of the new decade brought a gusher of payments and commerce news, and this latest edition of...
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InternationalHundreds Of FinTechs Move From UK To EU Ahead Of Brexit
No one knows just what Brexit will mean for commerce, for international trade, for currencies across the Continent. The only certainty is...
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RegulationUK To Launch Big Tech Regulator Post-Brexit
The United Kingdom will create a technology regulator next year after Brexit is completed, according to a report by the Financial Times....
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Travel PaymentsDoes Airbnb’s Pre-Brexit Move Signal Change For Travel Payments?
Travel is never boring — if it is, you are doing it wrong — and that holds especially true when it comes to...
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EconomyUK Sees Biggest Economic Slowdown In Nearly A Decade
The U.K. economy ducked a recession but the economy grew at its slowest annual rate since the third quarter in 2010, Reuters...
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B2B PaymentsAnalysts Anticipate Rise In EU Business Failures
Analysts are expecting an increase in business failures across Western Europe, according to a new report from Atradius. The firm released its...
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B2B PaymentsCiti On Supply Chain Finance In An Age Of (Global) Uncertainty
Trade wars. Tariffs. Brexit. Beyond the headlines and stock market gyrations, beyond the speeches from politicians and academics, lies the very real...
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Sizzle/FizzleBig Fizzle: Marcus Libra Optimism A Fizzle In The Making?
Optimism can be contagious. A can-do attitude can rally the troops, get things done, spark innovation where once the status quo was,...
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BrexitForeign Investors Spent $60B Buying UK Tech Firms Since Brexit Vote
Since the Brexit vote three years ago, foreign buyers have announced $60 billion in deals for U.K. tech companies. Data from Bloomberg...
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eCommerceBrexit And Beyond: Crossing The International eCommerce Tax Rubicon
In the digital age, it’s become easier than ever for companies of all sizes to broaden their reach and sell to new...
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CryptocurrencyBank Of England Handing Down Strict Regulations For Libra
The Bank of England’s (BoE) Financial Policy Committee (FPC) has laid down a set of strict rules that Facebook’s Libra and other...
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RetailBRC Reports 1.3 Pct Drop In September UK Sales
After the British Retail Consortium (BRC) indicated the weakest growth in eCommerce and high street spending since the survey began in the...
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Next-Gen Sales TaxDeep Dive: Anticipating The Post-Brexit eCommerce Tax Landscape
Key international negotiations surrounding Brexit stand to reshape global eCommerce, including the kinds and amounts of taxes that online marketplaces will face....
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BrexitFinance Minister: UK To Exit EU On Oct. 31
U.K. Chancellor of the Exchequer Sajid Javid said the country will split from the European Union effective Oct. 31, Reuters reported on Monday...
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Next-Gen Sales TaxTrending: Close But No Cigar? What Local Sales Tax Laws Mean For Tobacco eSellers
Countries around the globe are launching new digital sales taxes in efforts to improve their revenue streams and create more balanced business...
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BankingMetro Fails To Attract Investors To Bond Issue
Metro Bank in the U.K. jettisoned a $250 million pound bond issue on Monday (Sept. 23), after not enough investors picked up...
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Global PaymentsWhat Brexit Uncertainty Will Mean For Ireland’s FinServ Future
The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the...
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B2B PaymentsU.K. Scrambles To Prop Up Business Bank Lending
U.K. regulations have been working to elevate business banking competition and expand access to capital for corporate and SMB borrowers, but the...
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BrexitGlobal Banks Plan For No-Deal Brexit
International financial institutions in the U.K. are getting ready for changes as it becomes more likely there will be a no-deal Brexit...
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RetailBritish Retail Sales Take Pre-Brexit Nosedive
New data shows that retail sales in the UK are taking a pre-Brexit nosedive, falling in August at the fastest pace since...
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RetailNo-Deal Brexit Could Cause Grey Market Retail ‘Explosion’
In the case of a no-deal Brexit, an “explosion” in grey market goods could occur per a U.K. retail expert. The term...
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RetailUK’s Labour Party Wants To Take Over Vacant Retail Properties
The UK’s Labour party wants to allow local authorities to take over vacant properties in an effort to give the country’s retail...
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B2B PaymentsUK, US SMB Lending Experience A Growing Divide
Geopolitical volatility in the U.K. related to Brexit uncertainty is having widespread ramifications in the financial world. One area of impact is...
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B2B PaymentsMultinational Corporates Face Rising FX Hedging Pressure
The victory of Boris Johnson in the U.K.’s Conservative Party leadership contest is only the latest geopolitical event sparking concerns among analysts...
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B2B PaymentsTop Conglomerates Enter A New Era Of Supply Chain Disruption
Supply chain volatility is a difficult nut to crack, due to a host of risks that can be (or at least appear...
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Sizzle/FizzleUber’s IPO Blame Game
We all like to be rewarded for work and vision, for toil and trouble. For putting up money where, literally, our mouths...
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InternationalBrexit Uncertainty Hurts London Tech Sector
The uncertainty surrounding Brexit is hurting the technology sector in London, warned London Mayor Sadiq Khan. According to a report in Reuters,...
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Today In DataPromoting Faster Payments In The Face Of Trade Uncertainty
Financial institutions (FIs) and service providers are promoting offerings for rapid, cross-border transactions in the face of trade uncertainties. On another note, over...
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RegulationSpain’s Central Bank Calls For Deposit Insurance Scheme
The Bank of Spain wants eurozone countries to complete their banking alliance by creating a deposit insurance scheme and a stabilization fund....
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EconomyRetailers In Britain Say Sales Are The Worst In 10 Years
A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month...
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BrexitWhen Brexit Literally Turned Into A Food Fight
Usually, when a situation is described as a food fight, the term is used in a colorful way. Adults, after all, do...
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BrexitGoldman Delays Marcus’ Germany Launch
Goldman Sachs has decided to delay the German launch of its consumer bank Marcus until 2020. Richard Gnodde, who heads Goldman Sachs International,...
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BrexitTreasury Opposes UK’s Plans For EU Tuition Spike
Theresa May, the prime minister of the U.K., is expected to face backlash over a proposal in which EU nations would pay...
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Sizzle/FizzleBrexit’s Fizzle Of A Timeline
In Samuel Beckett’s “Waiting for Godot,” there’s a line that rings a bit true of Brexit: “Nothing happens. Nobody comes, nobody goes....
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InternationalNo-Deal Brexit Will Slash 3.5 Pct Off UK GDP
The International Monetary Fund (IMF) warned on Tuesday (April 9) that a no-deal Brexit would sacrifice between two and three years of...
