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Today in FinTech: Advent Snaps Up Mangopay; UK Green Lights Stablecoins; Worldpay Offers USDC Settlement
Today in FinTech: Advent Snaps Up Mangopay; UK Green Lights Stablecoins; Worldpay Offers USDC Settlement
April 06, 2022  |  International

In today’s FinTech News, private equity investor Advent International is taking a majority stake in Mangopay, while Worldpay is on track to offer merchants settlement...

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Stablecoins Embraced as Valid Payment Form in UK
Stablecoins Embraced as Valid Payment Form in UK
April 06, 2022  |  Cryptocurrency

The U.K. is now validating stablecoins as an accepted form of payment and is moving forward to launch an international hub for crypto-asset technology and...

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JPMorgan’s UK Digital Bank Launches High Interest Savings
JPMorgan’s UK Digital Bank Launches High Interest Savings
March 28, 2022  |  Digital Banking

JPMorgan Chase & Co. (JPMC) is offering a 1.5% interest rate for savings account customers at its digital bank in the United Kingdom, Yahoo! Finance...

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Gopuff Teams With UK Grocer Morrisons for Instant Delivery
Gopuff Teams With UK Grocer Morrisons for Instant Delivery
March 25, 2022  |  Delivery

Instant delivery platform Gopuff is teaming up with U.K. supermarket giant Morrisons to quickly bring thousands of goods, including locally-made food products, to consumers across...

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UK Regulator Orders Barclays to Correct Breaches
UK Regulator Orders Barclays to Correct Breaches
March 21, 2022  |  Bank Regulation

The United Kingdom’s banking regulator has ruled that Barclays Bank UK Plc has failed to make available accurate, comprehensive and timely information on its products...

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UK’s Creditspring Launches New Credit Building Tool
UK’s Creditspring Launches New Credit Building Tool
March 21, 2022  |  Personal Finance

U.K. consumer credit provider Creditspring has launched “Step,” a credit-building product designed for people with limited to no credit history. Get the Full Story Complete...

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U.K. Adds 350 Sanctions Against Russia
U.K. Adds 350 Sanctions Against Russia
March 15, 2022  |  International

The British government on Tuesday (March 15) added 350 new listings under its slate of Russian sanctions and nine new listings under its ongoing list...

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Lloyds to Divide Its Three Units Into Five
Lloyds to Divide Its Three Units Into Five
March 15, 2022  |  Banking

Lloyds Banking Group will divide its three units into five as part of a restructuring plan, Reuters reported Tuesday (March 15). Get the Full Story...

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Today in Retail: Discount Stores Become More Popular as Inflation Rises; UK Modernizes ‘Basket of Goods’ to Reflect Consumption Habits
Today in Retail: Discount Stores Become More Popular as Inflation Rises; UK Modernizes ‘Basket of...
March 14, 2022  |  Retail

Today in retail, SoftBank sells $1 billion in shares of eCommerce platform Coupang while brand aggregator Flummox raises $12.9 million to invest in its portfolio....

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