uk

King Charles’ First Speech Highlights Consumer Protections
King Charles’ First Speech Highlights Consumer Protections
November 07, 2023  |  Regulation

The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in...

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This Week in AI: Regulatory Ramp Up and Industry Innovations 
This Week in AI: Regulatory Ramp Up and Industry Innovations 
November 03, 2023  |  artificial intelligence

Another week, another explosion of news generated by generative artificial intelligence (AI). Technological innovations form the core of cultural transformations that have immediate and startling...

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UK’s CMA Says Meta Commits to Protect Advertising Customers’ Data
UK’s CMA Says Meta Commits to Protect Advertising Customers’ Data
November 03, 2023  |  Regulation

The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Nov. 3) that Meta has made commitments to not use its advertising customers’ data. These...

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Revolut Names Molo Founder Francesca Carlesi as UK CEO
Revolut Names Molo Founder Francesca Carlesi as UK CEO
November 02, 2023  |  Personnel

Revolut hired 15-year financial sector veteran Francesca Carlesi to lead its United Kingdom operation. Carlesi, whose appointment as U.K. CEO was announced Thursday (Nov. 2),...

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UK Financial Regulator Grants Mangopay E-Money Banking License
UK Financial Regulator Grants Mangopay E-Money Banking License
November 01, 2023  |  Commercial Payments

Luxembourg-based FinTech Mangopay has been granted an electronic money institution (EMI) license by the U.K. Financial Conduct Authority (FCA), the company announced in a Wednesday (Nov....

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UK Competition Appeal Tribunal Allows Apple Battery Lawsuit to Proceed
UK Competition Appeal Tribunal Allows Apple Battery Lawsuit to Proceed
November 01, 2023  |  Legal

Apple Inc. has been dealt a blow in a class action lawsuit in London, as the Competition Appeal Tribunal ruled Wednesday (Nov. 1) that the case can proceed....

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UK Will Regulate Crypto Like Other Financial Services
UK Will Regulate Crypto Like Other Financial Services
October 30, 2023  |  Cryptocurrency

The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset...

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Poshmark Exiting Overseas Markets to Focus on US
Poshmark Exiting Overseas Markets to Focus on US
October 20, 2023  |  eCommerce

Poshmark is shuttering some overseas operations and paying greater attention to America’s recommerce market. “In order to focus on Poshmark’s North America business and drive meaningful...

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Chase UK to Block Cryptocurrency Transactions Amid Rising Fraud Concerns
Chase UK to Block Cryptocurrency Transactions Amid Rising Fraud Concerns
September 26, 2023  |  Cryptocurrency

Chase UK told customers that it will block them from making cryptocurrency transactions in a bid to protect them from the increasing number of frauds...

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