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.

Reverse Factoring’s Late Payments Controversy
Reverse Factoring’s Late Payments Controversy
February 03, 2020  |  B2B Payments

The conversation surrounding late supplier payments is proliferating as new controversies emerge about the impact of reverse financing on supplier payment practices, and as some...

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UK Watchdog Accuses StubHub Of Misleading Customers
UK Watchdog Accuses StubHub Of Misleading Customers
January 29, 2020  |  Regulation

Ticket reselling company StubHub is being investigated by the U.K.’s Competition and Markets Authority (CMA), which said the site was misleading consumers, according to a...

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Just Eat To Rival Uber Eats For McDonald’s UK Orders
Just Eat To Rival Uber Eats For McDonald’s UK Orders
January 28, 2020  |  Delivery

Delivery service Uber Eats no longer has exclusive rights to McDonald’s deliveries in the U.K., according to CNN Business. The company now faces competition from...

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Barclays, BBB Introduce Cashback Loans For UK SMBs
Barclays, BBB Introduce Cashback Loans For UK SMBs
January 28, 2020  |  B2B Payments

Barclays Corporate Banking is rolling out a unique term loan cashback program to eligible small to medium-sized business (SMB) borrowers in the U.K. in conjunction...

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UK FCA Asks Banks To Explain High Overdraft Fees
UK FCA Asks Banks To Explain High Overdraft Fees
January 28, 2020  |  International

The U.K.’s Financial Conduct Authority (FCA) is questioning banks about recently-hiked overdraft fees, some as high as 40 percent and 10 times the cost of...

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N26 Reaches 250K Customers Since US Launch
N26 Reaches 250K Customers Since US Launch
January 27, 2020  |  Digital Banking

N26, a mobile bank and a subsidiary of one of Europe’s fastest-growing financial startups, has announced that after five months of operation in the U.S.,...

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Takeaway.com’s Just Eat Buyout Faces Regulatory Setback
Takeaway.com’s Just Eat Buyout Faces Regulatory Setback
January 24, 2020  |  Regulation

After a British competition body said it would probe its purchase of Just Eat, food delivery firm Takeaway.com said the forecasted timetable for its takeover...

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Revolut Offers High-Interest Savings Product In UK
Revolut Offers High-Interest Savings Product In UK
January 23, 2020  |  International

Global financial services startup Revolut is now offering U.K. customers a 1.35 percent AER interest rate with its new product, Savings Vaults, the company announced...

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i2c, CashFlows Partner To Assist European Payment Card Issuers
i2c, CashFlows Partner To Assist European Payment Card Issuers
January 22, 2020  |  Partnerships / Acquisitions

Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced...

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