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.

Digital Bank Chetwood Acquires Yobota to Expand BaaS

Digital Bank Chetwood Acquires Yobota to Expand BaaS
Digital Bank Chetwood Acquires Yobota to Expand BaaS
March 24, 2022  |  Acquisitions

Digital bank Chetwood Financial has acquired core banking provider Yobota in a bid to expand its Banking-as-a-Service (BaaS) operations, the company announced in a Thursday...

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Why UK Customers Are Moving to Digital Banks
Why UK Customers Are Moving to Digital Banks
March 21, 2022  |  Digital Banking

Consumers in the United Kingdom are interested in digital banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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LeakBot Becomes Ondo as Part of Reverse Merger With Spinnaker Acquisitions
LeakBot Becomes Ondo as Part of Reverse Merger With Spinnaker Acquisitions
March 21, 2022  |  Acquisitions

Special purpose acquisition company (SPAC) Spinnaker Acquisitions has finalized a reverse merger with LeakBot, a B2B InsurTech, that creates a new entity named Ondo InsurTech,...

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New UK Provision to Hold Big Tech Responsible for Paid Ads From Fraudsters
New UK Provision to Hold Big Tech Responsible for Paid Ads From Fraudsters
March 10, 2022  |  Security & Fraud

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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UK’s Payment Strategy Focuses on Fraud Detection, Instant Payments
UK’s Payment Strategy Focuses on Fraud Detection, Instant Payments
March 10, 2022  |  International

The United Kingdom continues developing its New Payment Architecture (NPA), which will allow financial institutions (FIs), payment providers and other players to access a new...

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EMEA Daily: China Will Sit Out Russia Sanctions; UK Regulator Bans Crypto Floki Inu Ad
EMEA Daily: China Will Sit Out Russia Sanctions; UK Regulator Bans Crypto Floki Inu Ad
March 02, 2022  |  International

In today’s top Europe, Middle East and Africa news, count China out of joining the West’s sanctions against Russia for its war on Ukraine, and...

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IMF Sounds Alarm Over UK’s Decision to Toss EU Financial Rules
IMF Sounds Alarm Over UK’s Decision to Toss EU Financial Rules
February 24, 2022  |  International

The International Monetary Fund (IMF) has warned the United Kingdom that deregulation of the country’s financial system presents issues over the role of the Bank...

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Johnson Calls for ‘Toughest’ Russia Sanctions From UK Finance Industry
Johnson Calls for ‘Toughest’ Russia Sanctions From UK Finance Industry
February 23, 2022  |  International

British Prime Minister Boris Johnson has told finance industry representatives, regulators and trade associations that he wants a tough next round of sanctions on Russia,...

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Inflation Undermines UK’s Post-COVID Shopping Rebound
Inflation Undermines UK’s Post-COVID Shopping Rebound
February 18, 2022  |  Retail

The receding of the omicron variant of the coronavirus in the United Kingdom has prompted shoppers to return to brick-and-mortar stores, but inflation is blunting...

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