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.

Challenging The Truths Of Small Business Banking
Challenging The Truths Of Small Business Banking
February 21, 2019  |  B2B Payments

The small business (SMB) banking sector continues to endure seismic disruption from many angles. In the U.K., regulators are cracking down on big bank misconduct...

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UK Government Report Calls On eCommerce Players To Pay More Taxes
UK Government Report Calls On eCommerce Players To Pay More Taxes
February 21, 2019  |  eCommerce

The U.K.’s Housing, Communities and Local Government Committee is calling on internet retailers to pay higher taxes to help struggling offline retailers in the country’s...

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FairFX Joins UK’s Faster Payments Scheme
FairFX Joins UK’s Faster Payments Scheme
February 20, 2019  |  B2B Payments

Cross-border payments company FairFX is joining the U.K.’s Faster Payments Scheme after the Bank of England granted the firm settlement accounts. Get the Full Story...

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HSBC May Hold Off On Investments As China, UK Growth Slows
HSBC May Hold Off On Investments As China, UK Growth Slows
February 19, 2019  |  Investments

HSBC, the global bank, expressed caution on Tuesday (Feb. 19) that it may be forced to put off some investments in 2019 as it contends...

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In UK, FinTech Fundraising Gathers Steam
In UK, FinTech Fundraising Gathers Steam
February 19, 2019  |  Fintech Investments

Brexit may dominate the headlines when it comes to the United Kingdom, but FinTech funding proceeds apace, and financial backers show a continued sanguine attitude...

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Europe Considers Restricting Huawei, Could Hamper 5G Advancement
Europe Considers Restricting Huawei, Could Hamper 5G Advancement
February 18, 2019  |  International

The U.K. and other European nations are considering whether to impose restrictions on Chinese telecommunications giant Huawei, but the issue is complicated because it could...

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UK’s Newest Challenger Bank Diaspora Eyes Trade Finance
UK’s Newest Challenger Bank Diaspora Eyes Trade Finance
February 18, 2019  |  B2B Payments

Yet another challenger bank is slated to launch in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Brexit To Bring ECB Scrutiny To Bear On Banks
Brexit To Bring ECB Scrutiny To Bear On Banks
February 15, 2019  |  Regulation

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

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SLPs Not Complying With UK Rules, And Not Being Punished
SLPs Not Complying With UK Rules, And Not Being Punished
February 14, 2019  |  Regulation

Nearly half of the U.K. corporate structures that are tied to money laundering don’t meet the ownership regulation, but haven’t faced any punishment since the...

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