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.

BoE Shows Sharp Post-Holiday Decline In UK Card Spending
BoE Shows Sharp Post-Holiday Decline In UK Card Spending
January 21, 2021  |  Payment Methods

New data from the U.K. Office for National Statistics and the Bank of England show that debit and credit card purchases in the country have...

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Digital Greeting Card Startup Moonpig Plans $1.6 Billion London IPO
Digital Greeting Card Startup Moonpig Plans $1.6 Billion London IPO
January 19, 2021  |  IPO

Online greeting card and gifts retailer Moonpig is planning a $1.6 billion initial public offering (IPO) for a listing on the London Stock Exchange. Get...

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UK To Require Companies To Pay Small Businesses In 30 Days
UK To Require Companies To Pay Small Businesses In 30 Days
January 18, 2021  |  SMBs

The U.K. government is looking to crack down on companies that take too long to pay suppliers, according to a report from the Financial Times...

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Today In Payments Around The World: Grab Notches $300 Million: Saudi Arabia’s Open Banking Plan Seeks To Further Digital Innovation
Today In Payments Around The World: Grab Notches $300 Million: Saudi Arabia’s Open Banking Plan...
January 14, 2021  |  International

In today’s top payments news around the world, Grab Financial Group said it has raised $300 million in a funding round, while the Saudi Arabian...

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Birmingham Bank Launches From Bira Bank To Serve SMBs
Birmingham Bank Launches From Bira Bank To Serve SMBs
January 12, 2021  |  B2B Payments

Birmingham Bank is launching in the U.K. to help serve small- to medium-sized businesses (SMBs), according to a report from BDaily. Get the Full Story...

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Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System
Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls...
January 12, 2021  |  International

In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C...

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Neobank Revolut Applies For UK Financial Services License 
Neobank Revolut Applies For UK Financial Services License 
January 11, 2021  |  Digital Banking

British challenger bank Revolut has submitted a banking license application to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Get the...

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UK Debt Collectors Want More To Do With Unpaid COVID Debts
UK Debt Collectors Want More To Do With Unpaid COVID Debts
January 07, 2021  |  B2B Payments

U.K. debt collectors want the government to give them a bigger role in recovering the debts from the 44-billion-pound (about $60 billion) business rescue program,...

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Britain Goes On National Lockdown; New COVID Virus 70 Pct More Contagious
Britain Goes On National Lockdown; New COVID Virus 70 Pct More Contagious
January 04, 2021  |  Coronavirus

British Prime Minister Boris Johnson has imposed a new national lockdown to fight the new, highly contagious strain of COVID-19, CNBC reports. Get the Full...

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