uk

BNPL Helps UK Consumers Manage Expensive Vehicle Repair Costs

BNPL Helps UK Consumers Manage Expensive Vehicle Repair Costs
BNPL Helps UK Consumers Manage Expensive Vehicle Repair Costs
May 22, 2023  |  BNPL

Ukraine war-induced supply chain disruptions coupled with a biting cost of living crisis in Europe have led to a record slump in new car sales in the...

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UK Treasury Committee Proposes Regulating Consumer Crypto Trading as Gambling
UK Treasury Committee Proposes Regulating Consumer Crypto Trading as Gambling
May 19, 2023  |  Cryptocurrency

Consumer trading in cryptocurrency should be regulated not as a financial service but as gambling. So said the Treasury Committee composed of Members of Parliament (MPs) from...

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Circle Says Lack of Direct EMI Access to EU Central Bank Accounts Stifles Payments Innovation
Circle Says Lack of Direct EMI Access to EU Central Bank Accounts Stifles Payments Innovation
May 19, 2023  |  Cryptocurrency

To access central bank accounts in the European Union (EU) today, electronic money token (EMT) issuers, and by extension all electronic money institutions (EMIs), have...

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Coinbase Expands Coinbase One Subscription Offering to UK, Germany, Ireland
Coinbase Expands Coinbase One Subscription Offering to UK, Germany, Ireland
May 18, 2023  |  Cryptocurrency

Coinbase has added boosted staking rewards to its Coinbase One subscription offering. The cryptocurrency exchange platform has also expanded the availability of Coinbase One from the United States...

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London-Based Seedcamp Launches $180 Million Fund to Back European Entrepreneurs
London-Based Seedcamp Launches $180 Million Fund to Back European Entrepreneurs
May 17, 2023  |  Startups

Seedcamp has launched a $180 million fund to back European entrepreneurs. The London-based seed-stage venture capital (VC) fund will use its Fund VI to lead investment...

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UK Neobanks Try Business Rewards Accounts to Win Over Small Businesses
UK Neobanks Try Business Rewards Accounts to Win Over Small Businesses
May 17, 2023  |  Banking

From high fees to complex applications and an impersonal service, the business current accounts offered by traditional banks still leave a lot to be desired,...

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Selfridges Launches Pop-up Shop Devoted to Pre-Owned Clothing and Accessories
Selfridges Launches Pop-up Shop Devoted to Pre-Owned Clothing and Accessories
May 16, 2023  |  Retail

Selfridges has launched a pop-up shop at which consumers can resell or restore pre-owned clothing and accessories. The United Kingdom-based luxury department store chain is offering The...

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Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than AI
Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than AI
May 16, 2023  |  Cybersecurity

Over £1.2 billion ($1.5 billion) in the U.K. was stolen through authorized and unauthorized financial fraud in 2022, according to a recently published UK Finance report....

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