Most markets including the European Union, the United Kingdom and the United States have seen a jump in online transaction volume as consumers react to...
The pandemic has thrown daily operations for merchants in the EU and the U.K. into flux. Retailers have had to swiftly adapt to markets where...
Financial institutions (FIs) in the European Union (EU) and the United Kingdom are still thinking positively about open banking even as the COVID-19 pandemic creates...
The U.K. government is considering reinstating its so-called “crown preference” policy in an effort to prioritize the collection of tax payments from insolvent small businesses....
A new report has revealed that invoice fraud cost U.K. businesses £93 million ($122.8M USD) last year. But despite the losses, more than four in...
Financial scams perpetrated against U.K. households and companies increased 16 percent in 2018, according to new data. The Financial Times, citing the trade body UK...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Xiaomi’s unveiling of its Mi Pay mobile payment service in...
The U.K. has been granted permission to retain its membership in the Single Euro Payments Area (SEPA) after it leaves the European Union (EU) later...
UK Finance Minister Philip Hammond said that a proposed rectification process to aid small businesses in disputes with banks is too easy on the financial...