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.

London’s Paysend Licensed To Operate In Canada
London’s Paysend Licensed To Operate In Canada
December 09, 2019  |  Global Payments

Paysend, a FinTech out of the U.K., has received a license to operate in Canada in a move that will expand the company’s global reach,...

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SMBs’ Late Payments Pain Spreads Across Borders
SMBs’ Late Payments Pain Spreads Across Borders
December 09, 2019  |  B2B Payments

In the fight against late B2B payments, the U.K. is perhaps the most vocal – both about its progress and its struggles. Get the Full...

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Accuity To Power GoCardless’ Recurring Payments Expansion Into US
Accuity To Power GoCardless’ Recurring Payments Expansion Into US
December 09, 2019  |  B2B Payments

Global FinTech GoCardless entered into a collaboration with payments firm Accuity to launch a seamless way for businesses to collect payments in the U.S., the...

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UK Regulators Call For Backup Plans Following Bank IT Glitches
UK Regulators Call For Backup Plans Following Bank IT Glitches
December 05, 2019  |  Bank Regulation

U.K. regulators on Thursday (Dec. 5) called on banks and payment firms to set “impact tolerances” for important services after numerous IT failures last year,...

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UK Digital Bank Monzo Taps Visa Exec As US CEO 
UK Digital Bank Monzo Taps Visa Exec As US CEO 
December 03, 2019  |  Digital Banking

London’s digital unicorn Monzo has appointed TS Anil to head U.S. operations as chief executive officer (CEO), Monzo said in a press release on Tuesday...

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How Faster Payments And Faster Data Drive Payroll Innovation
How Faster Payments And Faster Data Drive Payroll Innovation
December 02, 2019  |  B2B Payments

Shifting employee landscapes, changes in workers’ demands over how and when they get paid, and technological innovation have combined to open the floodgates for payroll...

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UK’s Trouva Raises $22M To Support Non-Amazon Sellers
UK’s Trouva Raises $22M To Support Non-Amazon Sellers
November 27, 2019  |  Investments

London startup Trouva has raised £17 million ($21.8 million) in funding to grow its online marketplace featuring independent boutiques, as reported on Wednesday (Nov. 27)....

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UK Finance Solution Provider 1pm Opens New Facilities
UK Finance Solution Provider 1pm Opens New Facilities
November 26, 2019  |  B2B Payments

The U.K.-based independent finance provider 1pm is opening new facilities for the group’s loan division to enable it to better serve small and medium-sized businesses...

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Citigroup Fined $56M In UK For Regulatory Reporting Miss
Citigroup Fined $56M In UK For Regulatory Reporting Miss
November 26, 2019  |  Bank Regulation

The Prudential Regulation Authority (PRA), the supervisory arm of the Bank of England (BoE), has fined Citigroup a record-breaking $56.3 million for not completing accurate...

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