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.

Monzo Could Reach 1M Users In Months
Monzo Could Reach 1M Users In Months
July 02, 2018  |  Digital Banking

Monzo, the digital bank in the U.K., could reach 1 million users in a matter of months, according to a report in Reuters. Get the...

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UK Financial Reporting Group Says Blockchain Too Immature For Adoption
UK Financial Reporting Group Says Blockchain Too Immature For Adoption
July 02, 2018  |  B2B Payments

The U.K. Financial Reporting Council’s Financial Reporting Lab has released a new report on the potential applications of blockchain in the corporate accounting space. According...

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Invu Reports That AP Execs Say A Need For Upgrades Is ‘Urgent’
Invu Reports That AP Execs Say A Need For Upgrades Is ‘Urgent’
June 25, 2018  |  B2B Payments

Reactive instead of proactive planning, late payments, a lack of visibility: Accounts payable professionals in the U.K. are making progress in their operations, but according...

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Barclaycard Targets Construction’s Cash Flow Struggles With SMB Cards
Barclaycard Targets Construction’s Cash Flow Struggles With SMB Cards
June 22, 2018  |  B2B Payments

As the U.K.’s construction industry continues to struggle with late supplier payments, a new commercial card product from Barclaycard aims to address some of the...

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UK Small, Medium Businesses Embrace App Payments In Store
UK Small, Medium Businesses Embrace App Payments In Store
June 13, 2018  |  Mobile Payments

With the U.K. increasingly embracing mobile, a new study by Verifone found that 29 percent of the country’s small and medium businesses now give customers...

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Why An Insurance Startup Is Targeting Foreign Drivers In The UK
Why An Insurance Startup Is Targeting Foreign Drivers In The UK
June 12, 2018  |  Europe

A startup in the United Kingdom called Marshmallow has raised $1.2 million in seed funding as it tries to use digital technology to lower auto...

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Social Media Can Make Bank Customers Susceptible To Scams
Social Media Can Make Bank Customers Susceptible To Scams
June 08, 2018  |  Security & Fraud

Unintentionally making themselves targets for scammers, customers may become vulnerable to fraud by complaining to banks on social media when systems crash. After problems with...

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Citi’s Treasury Unit Embraces UK Open Banking
Citi’s Treasury Unit Embraces UK Open Banking
June 05, 2018  |  B2B Payments

Citi is the first corporate bank to enroll in the U.K.’s Open Banking Directory in an effort to enhance payment and collection services for business...

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Sage: Changing B2B Payments Behavior
Sage: Changing B2B Payments Behavior
June 05, 2018  |  B2B Payments

In its latest research, business intelligence firm RFI found that most millennials in the U.K. actually trust PayPal more than they do traditional banks –...

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