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.

Final UK AI Public-Private Forum Report Says Governance ‘Crucial’
Final UK AI Public-Private Forum Report Says Governance ‘Crucial’
February 18, 2022  |  Artificial Intelligence

More than one year after regulators in the United Kingdom vowed to analyze the impact of artificial intelligence (AI), a report details the challenges and...

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UK May Boot Almost 100 Crypto Firms as Anti-Money Laundering Deadline Approaches
UK May Boot Almost 100 Crypto Firms as Anti-Money Laundering Deadline Approaches
February 11, 2022  |  Cryptocurrency

With nearly 100 cryptocurrency firms still waiting for approval to operate in the U.K. as a March 31 deadline approaches, it seems likely that the...

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UK Regulator Updates Tax Rules on DeFi Lending, Staking
UK Regulator Updates Tax Rules on DeFi Lending, Staking
February 04, 2022  |  Cryptocurrency

The United Kingdom’s tax agency has updated its rules on how to tax revenue from decentralized finance (DeFi) lending and staking in proof-of-stake networks, the...

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Stuttgart HR Startup Flip Raises $30M to Grow its App for Deskless Workers in UK
Stuttgart HR Startup Flip Raises $30M to Grow its App for Deskless Workers in UK
February 03, 2022  |  Investments

German HR startup Flip has raised 22 million British pounds (about $30 million) in a Series A funding round to fuel its expansion in the...

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Revolut Enters European InsurTech Space With the Launch of Pet Insurance
Revolut Enters European InsurTech Space With the Launch of Pet Insurance
February 02, 2022  |  Insurance

As they seek to gain a competitive advantage over other players in the field, digital banks are expanding their product offerings with insurance and boosting...

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UK Competition Watchdog Issues Second Warning to Monzo Over Breach of Retail Banking Regulations
UK Competition Watchdog Issues Second Warning to Monzo Over Breach of Retail Banking Regulations
February 01, 2022  |  Regulation

The United Kingdom’s competition watchdog has issued a warning to U.K. challenger bank Monzo over a breach of retail banking regulations under the Retail Banking...

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SumUp Seeks Fresh Capital at $22B Valuation
SumUp Seeks Fresh Capital at $22B Valuation
January 26, 2022  |  Investments

London-based global payments service provider SumUp could launch a fundraising round that would value the company at about 20 billion euros (about $22 billion), Bloomberg...

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UK Challenger Banks Facilitate Loan Access With Credit Builder Tools
UK Challenger Banks Facilitate Loan Access With Credit Builder Tools
January 25, 2022  |  International

Credit invisible customers and businesses often face an uphill battle when accessing credit in the United Kingdom because they have little or no credit history...

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London-Based Zilch Blasted for Promoting BNPL to Buy Pizza
London-Based Zilch Blasted for Promoting BNPL to Buy Pizza
January 20, 2022  |  Buy Now Pay Later

Consumer finance company Zilch is catching heat for encouraging U.K. consumers to use buy now, pay later (BNPL) plans to buy cheap supermarket pizzas and...

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