UK Finance

UK Businesses Lost £93M Last Year Due To Invoice Fraud

UK Businesses Lost £93M Last Year Due To Invoice Fraud
UK Businesses Lost £93M Last Year Due To Invoice Fraud
March 25, 2019  |  B2B Payments

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...

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Financial Scams Against UK Consumers, Biz Up 16 Pct
Financial Scams Against UK Consumers, Biz Up 16 Pct
March 21, 2019  |  Cybersecurity

Financial scams perpetrated against U.K. households and companies increased 16 percent in 2018, according to new data. Get the Full Story Complete the form to...

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Xiaomi Unveils Mi Pay Service In India; Mobile Payment Users Rise In Vietnam
Xiaomi Unveils Mi Pay Service In India; Mobile Payment Users Rise In Vietnam
March 19, 2019  |  Global Payments

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...

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UK Gets Nod To Remain In SEPA
UK Gets Nod To Remain In SEPA
March 11, 2019  |  B2B Payments

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...

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UK Finance Minister: SMBs’ Relief Scheme Too Easy On Banks
UK Finance Minister: SMBs’ Relief Scheme Too Easy On Banks
January 22, 2019  |  Cross-border Payments

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...

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UK Finance: Invoice Fraud A Threat To Business
UK Finance: Invoice Fraud A Threat To Business
September 28, 2018  |  B2B Payments

Invoice fraud looms as a threat to businesses in the U.K., contends UK Finance, with thousands of fraud cases and tens of millions of pounds...

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More People In UK Paying With Debit Over Cash
More People In UK Paying With Debit Over Cash
June 19, 2018  |  Cash

More people in the U.K. are paying with debit cards over cash for the first time. Get the Full Story Complete the form to unlock...

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Regulatory Tracker: Sandboxes Gain, While Cryptos Wane
Regulatory Tracker: Sandboxes Gain, While Cryptos Wane
April 02, 2018  |  Cryptocurrency

Cryptocurrencies continued to dip on the heels of various regulatory actions focused on trading activities and exchanges. Get the Full Story Complete the form to...

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