uk

FCA Calls for Credit Rating Reform

FCA Calls for Credit Rating Reform
FCA Calls for Credit Rating Reform
November 22, 2022  |  Europe

The U.K.’s Financial Conduct Authority (FCA) is calling for a reformation of the way credit rating agencies (CRA) in the country operate and are governed....

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UK’s CMA Ramps Up Apple-Google Antitrust Probe
UK’s CMA Ramps Up Apple-Google Antitrust Probe
November 22, 2022  |  ANTITRUST

The U.K.’s Competition and Markets Authority (CMA) announced on Tuesday (Nov. 22) that it is ramping up its antitrust investigation of Apple and Google after...

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Gift Cards Become Instant Payout Option for Global Consumers
Gift Cards Become Instant Payout Option for Global Consumers
November 22, 2022  |  Digital Payments

As the need for faster, cheaper and efficient payouts increase, there is a huge demand from corporations needing to transfer value to end users and...

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Grocers, PayTech Firms Partner to Drive Connected Retail Experience
Grocers, PayTech Firms Partner to Drive Connected Retail Experience
November 21, 2022  |  Retail

According to a recent PYMNTS survey, most U.S. and U.K. retailers believe that their ability to replicate the frictionless shopping and payment experience of eCommerce...

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UK Pushes to Legally Protect Access to In-Person Banking Services
UK Pushes to Legally Protect Access to In-Person Banking Services
November 21, 2022  |  Bank Regulation

As it currently stands, the proposed Financial Services and Markets Bill in the U.K. will give the Treasury and Financial Conduct Authority (FCA) a new...

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Lawsuit in England Alleges Crypto Lender Nexo Prevented Withdrawals
Lawsuit in England Alleges Crypto Lender Nexo Prevented Withdrawals
November 21, 2022  |  Cryptocurrency

Cryptocurrency lender Nexo is being sued in England by investors who claim the company prevented them from withdrawing assets worth $126 million in March 2021...

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UK Shoppers’ Preference for At-Home Delivery Is 10% Stronger Than Average
UK Shoppers’ Preference for At-Home Delivery Is 10% Stronger Than Average
November 17, 2022  |  Delivery

In this age of convenience, options such as at-home delivery that enable consumers to save time and costs by easily comparing prices between brands continue...

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UK’s Ofcom Calls for Social Media Algorithm Regulation
UK’s Ofcom Calls for Social Media Algorithm Regulation
November 16, 2022  |  Legal & Regulation

U.K communications regulator Ofcom is calling for better social media regulations amid concerns about the influence U.S.-based Big Tech firms have on news consumption in...

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