uk

UK Banks Hold Internal Investigations Into Business Loan Practices

UK Banks Hold Internal Investigations Into Business Loan Practices
UK Banks Hold Internal Investigations Into Business Loan Practices
May 18, 2020  |  B2B Payments

After a financial watchdog raised the issue, banks in Britain are looking into whether they pressed businesses into giving them more work in exchange for...

READ MORE >
Google, Apple Team For App To ID Coronavirus Contact In UK
Google, Apple Team For App To ID Coronavirus Contact In UK
April 12, 2020  |  Economy

A mobile app to track the coronavirus is being developed by NHSX, the technology arm of Britain’s National Health Service (NHS), in coordination with Google...

READ MORE >
UK Agencies Paint Stark Reality For Retail
UK Agencies Paint Stark Reality For Retail
March 30, 2020  |  Retail

The U.S. retail picture is bleak in this time of COVID-19. But the U.K. may be even worse. Data from February shows the U.K. economy...

READ MORE >
US Mall Owner Taubman Tells Tenants To Pay Up
US Mall Owner Taubman Tells Tenants To Pay Up
March 30, 2020  |  Retail

U.S. mall owner Taubman is telling tenants that their rent must be paid despite the inability to meet obligations, according to a CNBC report on...

READ MORE >
Travelex Temporarily Closes British FX Offices
Travelex Temporarily Closes British FX Offices
March 27, 2020  |  Economy

Amid fears over COVID-19, Travelex is closing down British bureaus for approximately eight weeks or a greater amount of time. The foreign exchange firm is...

READ MORE >
UK Banks Criticized For SMB Coronavirus Loan Requirements
UK Banks Criticized For SMB Coronavirus Loan Requirements
March 26, 2020  |  B2B Payments

U.K. government officeholders and companies have chastised financial institutions for requiring personal guarantees for emergency loans that are backed by the state. The mandate puts much...

READ MORE >
UK Celebrity Law Firm Warns Remote Staff To Turn Off Smart Speakers
UK Celebrity Law Firm Warns Remote Staff To Turn Off Smart Speakers
March 20, 2020  |  Legal & Regulation

A U.K. law firm, Mishcon de Reya, has warned attorneys who are working from home to turn off their smart speakers while they’re talking to...

READ MORE >
Today In Payments: Coronavirus Triggers Crumbling Of China’s Economy; Apple Card Users Get Pass On March Payments
Today In Payments: Coronavirus Triggers Crumbling Of China’s Economy; Apple Card Users Get Pass On...
March 16, 2020  |  News

In today’s top news, factory production in China experienced its worst decline in 30 years, and Apple Card users will be allowed to skip March...

READ MORE >