U.K.

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a sovereign country in north-western Europe, off the north-­western coast of the European mainland.
Mastercard Introduces End-User Request To Pay Framework In UK
Mastercard Introduces End-User Request To Pay Framework In UK
April 08, 2021  |  Mastercard

Mastercard is launching an end-user application service within Pay.UK’s request to pay (R2P) framework to facilitate payments. “Mastercard’s Request to Pay solution has the ability...

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Visa Completes 1 Billion Contactless Payments Since Europe Increased Limits
Visa Completes 1 Billion Contactless Payments Since Europe Increased Limits
April 07, 2021  |  News

Visa has processed 1 billion additional contactless payments in Europe since the transaction limit was increased in countries across the continent a year ago, Visa...

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Bitcoin Daily: RocketFuel Launches One-Click Crypto Checkout; FCA Requires UK Crypto Companies To Submit Financial Crime Reports
Bitcoin Daily: RocketFuel Launches One-Click Crypto Checkout; FCA Requires UK Crypto Companies To Submit Financial...
March 31, 2021  |  Bitcoin

RocketFuel Blockchain, which works on one-click online payments with bitcoin and other cryptocurrencies, has rolled out a blockchain-based payment solution, according to a press release....

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British Regulator Accuses Prepaid Card Companies Of ‘Cartel-Like’ Behavior
British Regulator Accuses Prepaid Card Companies Of ‘Cartel-Like’ Behavior
March 31, 2021  |  Regulation

The U.K.’s Payment Systems Regulator (PSR) has accused five companies in the prepaid card market of operating as a “cartel” by agreeing to not compete or...

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Pollinate CEO: Post-Brexit UK Plans New Order To Compete On Global Stage
Pollinate CEO: Post-Brexit UK Plans New Order To Compete On Global Stage
March 30, 2021  |  Digital Banking

In the digital-first economy, change, consumer-first and competition are the operative concepts. Case in point: mobile banking, digital wallets, open banking and data sharing (and...

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Today In Payments Around The World: PPRO Ups Funding Round To $270 Million; Surge Unveils $195 Million In Funding
Today In Payments Around The World: PPRO Ups Funding Round To $270 Million; Surge Unveils...
March 25, 2021  |  International

In today’s top payments news around the world, PPRO upped its latest funding round to $270 million, while Sequoia Capital India’s Surge accelerator announced that...

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UK Bank Fraud Cases Nearly Doubled In 2020
UK Bank Fraud Cases Nearly Doubled In 2020
March 25, 2021  |  Security & Fraud

Criminals in Great Britain are exploiting people’s COVID-19-related anxiety to carry out an increasing number of online and technology-aided scams. That’s according to a report...

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UK Competition Watchdog Cautions Young Traders On Risky Investments
UK Competition Watchdog Cautions Young Traders On Risky Investments
March 23, 2021  |  Investments

New research from the U.K.’s competition watchdog indicated that younger traders are increasingly taking part in risky investments without fully understanding the possible pitfalls and...

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UK Insurers Pay Over $650 Million In Claims To Businesses
UK Insurers Pay Over $650 Million In Claims To Businesses
March 22, 2021  |  International

U.K. insurers have paid out around 470 million pounds (about $652 million) in business claims to those affected by COVID-19, according to data from the Financial...

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