uk

Report: UK Already Suspects $1.3B ‘Bounce-Back’ Loans Fraudulent

Report: UK Already Suspects $1.3B ‘Bounce-Back’ Loans Fraudulent
Report: UK Already Suspects $1.3B ‘Bounce-Back’ Loans Fraudulent
September 02, 2022  |  Cybersecurity

The British government reportedly expects that 3.3 billion pounds (about $3.8 billion) of the “bounce-back” loans it made to small- to medium-sized businesses (SMBs) in...

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Microsoft-Activision Deal Could Hurt Competition, CMA Says
Microsoft-Activision Deal Could Hurt Competition, CMA Says
September 02, 2022  |  ANTITRUST

The United Kingdom’s antitrust watchdog said Microsoft’s $69 billion acquisition of video game maker Activision Blizzard could hinder competition and warrants further investigation. Get the...

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Carta Acquires UK Equity Management Firm Capdesk
Carta Acquires UK Equity Management Firm Capdesk
September 01, 2022  |  Investments

Silicon Valley tech firm Carta is acquiring London equity management company Capdesk for undisclosed terms. Get the Full Story Complete the form to unlock this...

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Notting Hill Carnival Returns to London Amid High Consumer Costs, Record Inflation
Notting Hill Carnival Returns to London Amid High Consumer Costs, Record Inflation
August 29, 2022  |  Point of Sale

This week and for the first time since 2019, Londoners gathered for the annual Notting Hill carnival, a street festival and celebration of the city’s...

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3 Things to Know About the UK’s DFMI Consortium Exploring Future of Money
3 Things to Know About the UK’s DFMI Consortium Exploring Future of Money
August 29, 2022  |  Cryptocurrency

Last week saw the launch of the Digital Financial Markets Infrastructure (DFMI) consortium, a cross-industry body committed to exploring the future of money through real...

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UK Challenger Bank Zopa Reaches £2B Deposits Mark
UK Challenger Bank Zopa Reaches £2B Deposits Mark
August 25, 2022  |  Banking

U.K. challenger bank Zopa reported Thursday (Aug. 25) that its deposits now total more than £2 billion, driven by its offer to help customers do...

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UK Warning on Sanction Evasion Puts Crypto Firms at Risk
UK Warning on Sanction Evasion Puts Crypto Firms at Risk
August 25, 2022  |  Cybersecurity

People subject to sanctions are reportedly using cryptocurrency services to evade the sanctions, and this could put crypto firms and those transacting in crypto at...

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Visa and Mastercard Blame Fraud for Increased Cross-Border Fees
Visa and Mastercard Blame Fraud for Increased Cross-Border Fees
August 24, 2022  |  Credit Cards

Visa and Mastercard have blamed fraud and growing competition for the increase in their cross-border fees since the U.K. left the European Union, a post...

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