uk

Lloyds and Fiserv Team on Wholesale FX Rates to Merchants

Lloyds and Fiserv Team on Wholesale FX Rates to Merchants
Lloyds and Fiserv Team on Wholesale FX Rates to Merchants
September 19, 2023  |  Partnerships

Lloyds Bank formed a foreign exchange (FX) partnership with payments company Fiserv. The collaboration makes Lloyds the first bank “to widely offer wholesale FX rates...

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Fraudulent UK COVID Loans Jump in Value
Fraudulent UK COVID Loans Jump in Value
September 14, 2023  |  Fraud Prevention

The British government has seen a spike in the value of fraudulent COVID emergency loans. Figures released Thursday (Sept. 14) by the Department for Business and Trade showed the...

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PayPoint Offers Pay by Bank to UK Energy Customers
PayPoint Offers Pay by Bank to UK Energy Customers
September 11, 2023  |  Payment Methods

Digital payments firm PayPoint is offering a new pay-by-bank service. The British company said in a Monday (Sept. 11) press release that it has become...

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Does Fashion Have a Future in the Grocery Aisle?
Does Fashion Have a Future in the Grocery Aisle?
September 08, 2023  |  Retail

For generations, supermarkets have played a fundamental role in our daily routines, serving as a convenient destination to find all our grocery and household needs...

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Adyen Receives Banking License From UK Regulators
Adyen Receives Banking License From UK Regulators
September 07, 2023  |  Banking

Dutch FinTech Adyen is set to begin offering banking services in the United Kingdom. The company announced in a Thursday (Sept. 7) press release that...

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Buttnernut Box Raises Over $350 Million Amid Pet Care’s D2C Shift
Buttnernut Box Raises Over $350 Million Amid Pet Care’s D2C Shift
September 05, 2023  |  Investments

With consumers disproportionately turning to eCommerce channels to get their pet supplies — and willing to pay a premium to do so — Butternut Box is bringing...

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Acquired.com Unveils Tool to Promote UK Open Banking
Acquired.com Unveils Tool to Promote UK Open Banking
September 04, 2023  |  Banking

Acquired.com, a United Kingdom FinTech, has debuted a tool to help merchants offer open banking payments. The payments specialist’s Hosted Checkout solution lets merchants accept credit and...

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Report: Barclays Considers Selling Part of Its UK Payments Business
Report: Barclays Considers Selling Part of Its UK Payments Business
September 04, 2023  |  Partnerships

British bank Barclays is reportedly considering selling part of its payments business. The bank could sell a stake in its unit that processes merchant payments, Reuters reported Monday...

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