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.

UK Cash Usage Falls, ATM Fee Cuts Partially Canceled

UK Cash Usage Falls, ATM Fee Cuts Partially Canceled
UK Cash Usage Falls, ATM Fee Cuts Partially Canceled
July 17, 2018  |  Banking

ATM network operator LINK has partially canceled its plans to cut the fees that banks pay to British cash machines operators. Finextra reported that, earlier this...

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Monzo Warned Of Ticketmaster Breach Months Before It Was Announced
Monzo Warned Of Ticketmaster Breach Months Before It Was Announced
July 11, 2018  |  Safety and Security

One bank says it warned Ticketmaster about a malicious software breach that leaked the personal information of tens of thousands of customers months before the...

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MMBL Rolls Out EMV Debit Cards, ICICI Bank Partners With Westpac For Remittances
MMBL Rolls Out EMV Debit Cards, ICICI Bank Partners With Westpac For Remittances
July 10, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mobilink Microfinance Bank (MMBL) launching EMV-compliant cards in Pakistan. In...

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UK Faster Payments Glitch Causes Backlog
UK Faster Payments Glitch Causes Backlog
July 09, 2018  |  B2B Payments

A glitch in the infrastructure of the U.K.’s Faster Payments system has caused a backlog of transactions still waiting to clear hours later, according to...

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Equifax Forms Open Banking Alliance With consents.online
Equifax Forms Open Banking Alliance With consents.online
July 09, 2018  |  Partnerships / Acquisitions

Equifax, the consumer and business insights expert, has formed a strategic alliance with consents.online, a digital consent management and AISP-accredited open banking platform. Get the...

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Santander Bridges SMBs With China
Santander Bridges SMBs With China
July 09, 2018  |  B2B Payments

U.K. bank Santander is hoping to bridge local small businesses to the Chinese market, and is kicking off a series of networking events that bring...

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Payments’ Ever-Increasing Tempo
Payments’ Ever-Increasing Tempo
July 05, 2018  |  Today In Data

A decade ago, when Britain first launched its Faster Payments Scheme, buzz had barely begun on the topic. Ten years and 9.1 billion payments later,...

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Reflecting On The UK’s Decade Of Faster Payments — And Fraud
Reflecting On The UK’s Decade Of Faster Payments — And Fraud
July 04, 2018  |  Faster Payments

From enabling new messaging capabilities in the U.S. to cross-border push payments for expats in Kuwait and Zimbabwe, access to faster payments tools is rapidly...

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Suppliers Reel After Tesco, Carrefour Agree To Combine Procurement Powers
Suppliers Reel After Tesco, Carrefour Agree To Combine Procurement Powers
July 03, 2018  |  B2B Payments

Two supermarket conglomerates are teaming up and combining their leverage to get better payment terms from their suppliers. Reports in Reuters on Sunday (July 1)...

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