uk

JPMorgan to Debut Omniservice UK Digital Bank

JPMorgan to Debut Omniservice UK Digital Bank
JPMorgan to Debut Omniservice UK Digital Bank
September 16, 2021  |  Banking

J.P. Morgan Chase (JPMC) is planning to open in the U.K., debuting its first overseas retail bank in its more than 200-year history, the Financial...

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Banks Ask EU to Continue Access to UK Clearing Houses
Banks Ask EU to Continue Access to UK Clearing Houses
September 16, 2021  |  Cross-border Payments

A “major” market disruption is anticipated if Brussels fails to extend a permit granting EU banks access to U.K. clearing houses, the Financial Times (FT)...

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Amazon Launches Free UK Food Delivery, Grubhub Stock Drops 5%
Amazon Launches Free UK Food Delivery, Grubhub Stock Drops 5%
September 15, 2021  |  Delivery

Amazon cranked up the pressure on food delivery services Grubhub, DoorDash and Uber Eats Wednesday (Sept. 15) with a partnership that will provide free food...

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UK to Drop Proof of Vaccination, May Also Forego Testing of Returning Travelers
UK to Drop Proof of Vaccination, May Also Forego Testing of Returning Travelers
September 12, 2021  |  Economy

The U.K. has done away with its calls for vaccination proof, Bloomberg reported. Get the Full Story Complete the form to unlock this article and...

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UK Post Office’s ID App to Enable Crypto Purchases
UK Post Office’s ID App to Enable Crypto Purchases
September 10, 2021  |  Cross-border Payments

U.K-based users of the Post Office’s EasyID identity-verification app will be able to buy cryptocurrencies such as bitcoin using a voucher system from Swarm Markets,...

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PayPal Hikes Merchant Fees Between UK, European Businesses
PayPal Hikes Merchant Fees Between UK, European Businesses
September 10, 2021  |  Cross-border Payments

PayPal is hiking merchant fees between businesses operating in the U.K. and those in the European Economic Area (EEA), the BBC and multiple news outlets...

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Bitcoin Daily: FCA Chair Calls for Stricter Regulations on Platforms Promoting Crypto
Bitcoin Daily: FCA Chair Calls for Stricter Regulations on Platforms Promoting Crypto
September 06, 2021  |  Bitcoin

Charles Randell, head of the U.K. Financial Conduct Authority (FCA), has said regulators in the country should be given more power to protect consumers from...

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Britain Contactless Payment Limit Going Up
Britain Contactless Payment Limit Going Up
August 27, 2021  |  Cross-border Payments

British banks will limit contactless payments across the region to 100 pounds ($137) starting Oct. 15, banking industry body UK Finance said on Friday (Aug....

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