uk

UK Banking Sector Reforms Pushed Back Six Months
UK Banking Sector Reforms Pushed Back Six Months
September 25, 2023  |  Bank Regulation

England’s central bank is putting new banking reforms on hold until the summer of 2025. As the Financial Times (FT) reported Sunday (Sept. 24), the Bank of England’s (BOE)...

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Aldi Says Inflation Has Changed How UK Shoppers Buy Groceries
Aldi Says Inflation Has Changed How UK Shoppers Buy Groceries
September 25, 2023  |  Economy

Discount supermarket chain Aldi said it has experienced record sales in the United Kingdom as shoppers seek affordable groceries. In response to this increased demand, Aldi has...

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UK Parliament OKs Online Safety Bill and Metaverse Protections
UK Parliament OKs Online Safety Bill and Metaverse Protections
September 20, 2023  |  Legal

The United Kingdom has passed its Online Safety Bill, and with it, new metaverse protections. The long-discussed bill concluded its final Parliamentary debate Tuesday (Sept....

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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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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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