uk

FIS Reportedly Spending $300 Million to Buy UK FinTech Demica
FIS Reportedly Spending $300 Million to Buy UK FinTech Demica
December 16, 2024  |  Acquisitions

FIS is reportedly acquiring U.K. supply chain finance firm Demica in a $300 million deal. Get the Full Story Complete the form to unlock this...

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UK’s Regulator to Cap Cross-Border Interchange Fees
UK’s Regulator to Cap Cross-Border Interchange Fees
December 13, 2024  |  Credit Cards

The United Kingdom’s Payment Systems Regulator (PSR) proposed a price cap on cross-border interchange fees and is seeking comment on the level at which the...

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European Lawmakers Ask UK to Reconsider Cap on Interchange Fees
European Lawmakers Ask UK to Reconsider Cap on Interchange Fees
December 12, 2024  |  Credit Cards

European lawmakers reportedly asked the United Kingdom’s Payment Systems Regulator (PSR) to reconsider its plans to restore a cap on interchange fees that was lifted...

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Basel Committee Debuts Credit Risk Guidelines for Banks
Basel Committee Debuts Credit Risk Guidelines for Banks
December 11, 2024  |  Banking

A global banking watchdog introduced new guidelines covering counterparty credit risk (CCR) management. Get the Full Story Complete the form to unlock this article and...

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Lawsuit Alleges UK’s FCA Unfairly Excluded Some Businesses From Compensation
Lawsuit Alleges UK’s FCA Unfairly Excluded Some Businesses From Compensation
December 10, 2024  |  Legal

A lawsuit in the United Kingdom alleges that the country’s Financial Conduct Authority (FCA) unfairly “shut out” some small businesses when compensating customers who were...

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Mastercard and Consumer Advocate Agree to Settle British Swipe Fee Lawsuit
Mastercard and Consumer Advocate Agree to Settle British Swipe Fee Lawsuit
December 03, 2024  |  Mastercard

Mastercard and a consumer advocate reportedly reached an agreement in principle to settle a long-running British lawsuit regarding card fees. Get the Full Story Complete...

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FCA Chief Appears to Pave Way for Shein UK IPO
FCA Chief Appears to Pave Way for Shein UK IPO
December 03, 2024  |  IPO

Great Britain’s financial regulator has reportedly opened the door for Shein to go public there. Get the Full Story Complete the form to unlock this article and...

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44% of UK Consumers Plan to Use Digital Wallets Beyond Payments
44% of UK Consumers Plan to Use Digital Wallets Beyond Payments
December 02, 2024  |  Consumer Insights

In recent years, digital wallets have become an essential tool for making online payments, but their uses are quickly expanding. In the U.K., nearly half...

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Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions
Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions
November 29, 2024  |  Economy

The Bank of England aims to develop the ability to lend to non-bank financial institutions (NBFIs). Get the Full Story Complete the form to unlock this...

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