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
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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