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.

Patisserie Valerie Fallout Continues With Late Supplier Payments

Patisserie Valerie Fallout Continues With Late Supplier Payments
Patisserie Valerie Fallout Continues With Late Supplier Payments
December 19, 2018  |  B2B Payments

The fallout from the alleged accounting scandal at U.K. café chain Patisserie Valerie continues, with the firm’s delayed payments to suppliers causing a stir. Get...

READ MORE >
No Breakup For UK’s Big Four Accountancy Firms
No Breakup For UK’s Big Four Accountancy Firms
December 19, 2018  |  B2B Payments

The U.K.’s Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have escaped a forced breakup from the Competition and Markets Authority (CMA), The Guardian reported...

READ MORE >
How Open Banking Opens Doors For Alternative SMB Lenders
How Open Banking Opens Doors For Alternative SMB Lenders
December 17, 2018  |  B2B Payments

Use of alternative finance (AltFin) sources among small business (SMB) owners is on the rise, but still has a long way to go before it...

READ MORE >
UK Late Pay Epidemic Looms Over Xmas Season
UK Late Pay Epidemic Looms Over Xmas Season
December 17, 2018  |  B2B Payments

The U.K. seems to be the epicenter of the late payments epidemic, and new stats bear out the cost to the tune of billions of...

READ MORE >
FCA: UK Banks Face Cybersecurity Risks
FCA: UK Banks Face Cybersecurity Risks
December 12, 2018  |  Security & Fraud

The Financial Conduct Authority (FCA), the U.K. watchdog, released the findings of a study Wednesday (Dec. 12) showing that boards and management committees at companies...

READ MORE >
Mastercard, Cardstream Team To Promote UK Digital Payments
Mastercard, Cardstream Team To Promote UK Digital Payments
December 11, 2018  |  Digital Payments

Cardstream, the U.K. provider of white-label payment software and services, announced on Tuesday (Dec. 11) the launch of a new initiative that is aimed at accelerating...

READ MORE >
Data Dive, New Starts Edition: Overstock, Sears And iZettle’s Next Steps
Data Dive, New Starts Edition: Overstock, Sears And iZettle’s Next Steps
December 03, 2018  |  Data Dive

As of today, there are 28 days left in the year (and 22 shopping days left till Christmas), meaning themes of “out with the old...

READ MORE >
NMI’s Contactless Payments Tech Boosts UK Charity Donations
NMI’s Contactless Payments Tech Boosts UK Charity Donations
November 30, 2018  |  Digital Payments

NMI, a commerce enablement company, implemented and installed contactless donation points in Bristol for a charity event, and raised 309 percent more money than they...

READ MORE >
Brit MP: Facebook Knew About Russian Meddling In 2014
Brit MP: Facebook Knew About Russian Meddling In 2014
November 27, 2018  |  Facebook

A U.K. politician said Facebook was aware that Russian-linked organizations were harvesting data from the social media giant, since October 2014, according to Bloomberg. The Russian...

READ MORE >