uk

FCA CEO Says UK Rules Already Address Challenges of AI
FCA CEO Says UK Rules Already Address Challenges of AI
December 12, 2023  |  Artificial Intelligence

The Financial Conduct Authority (FCA) in the United Kingdom said Tuesday (Dec. 12) that the country already has a robust framework in place to tackle...

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UK Considering Ways to Close ‘Advice Gap’ for Small Investors 
UK Considering Ways to Close ‘Advice Gap’ for Small Investors 
December 08, 2023  |  Personal Finance

The United Kingdom’s Financial Conduct Authority (FCA) and government are considering ways to allow the delivery of more advice and support to consumers to support their...

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UK Antitrust Regulator Eyes Microsoft-OpenAI Partnership
UK Antitrust Regulator Eyes Microsoft-OpenAI Partnership
December 08, 2023  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) is gathering information on the partnership between Microsoft and OpenAI.  The regulator aims to determine if “recent developments” have resulted in a...

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Can the EU Get Its Digital Act Together?
Can the EU Get Its Digital Act Together?
December 06, 2023  |  David S. Evans

Where’s the European Union when it comes to AI? It has the world’s second-largest GDP — $18.4 trillion in 2023. Its 448 million population is more than 100...

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Robinhood Expands Trading Platform to the UK
Robinhood Expands Trading Platform to the UK
November 30, 2023  |  International

Much like its fictional namesake, trading platform Robinhood is now a part of the United Kingdom. The company marked its international debut Thursday (Nov. 30)...

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UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
November 22, 2023  |  Faster Payments

The U.K. risks falling behind other nations unless it can create an alternative to its Faster Payment Service. That’s according to a new government-commissioned review...

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Relay Raises $10 Million to Expand Delivery Service Across UK
Relay Raises $10 Million to Expand Delivery Service Across UK
November 22, 2023  |  Investments

Relay raised $10 million in seed funding to expand its delivery service for retailers across the United Kingdom. “We began Relay with a vision to overhaul...

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Triver Nets $25 Million Debt Facility for Working Capital Solutions 
Triver Nets $25 Million Debt Facility for Working Capital Solutions 
November 21, 2023  |  SMBs

Triver, a working capital provider for small- to medium-sized businesses (SMBs) in the United Kingdom, has secured an additional 20 million pounds (about $25 million)...

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Report: Samsung Discloses Year-Long Data Breach in UK Store
Report: Samsung Discloses Year-Long Data Breach in UK Store
November 16, 2023  |  Security & Fraud

Samsung has reportedly disclosed a year-long breach of its systems, which resulted in unauthorized access to the personal data of customers who made purchases at...

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