uk

UK Court Sends Meta Giphy Case Back to Antitrust Watchdog

UK Court Sends Meta Giphy Case Back to Antitrust Watchdog
UK Court Sends Meta Giphy Case Back to Antitrust Watchdog
July 18, 2022  |  ANTITRUST

Meta’s purchase of the GIF search engine Giphy will be sent back to the U.K. antitrust regulator for a further review after a court flagged...

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BNPL Regs Likely Coming Late 2022 for EU, UK But U.S. Lags Behind
BNPL Regs Likely Coming Late 2022 for EU, UK But U.S. Lags Behind
July 18, 2022  |  BNPL

With approximately $97 billion in buy now pay later transactions last year, the increased popularity of the financial offering has garnered significant regulatory interest around...

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PagoNxt CEO: Blurring of Bank, FinTech Lines Will Drive EU Payments Growth
PagoNxt CEO: Blurring of Bank, FinTech Lines Will Drive EU Payments Growth
July 18, 2022  |  B2B Payments

If there was ever a time traditional banks have felt the intense pressure to abandon legacy infrastructure and embrace digital innovation, it has been in...

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Amazon Plans to Add Over 4,000 UK Jobs Despite Global Slowdown
Amazon Plans to Add Over 4,000 UK Jobs Despite Global Slowdown
July 15, 2022  |  Amazon

Amazon will be one of the 10 largest private sector employers in the U.K. when it adds more than 4,000 new permanent roles across the...

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UK Online Safety Bill Put on Hold
UK Online Safety Bill Put on Hold
July 14, 2022  |  Cross-border Payments

In a move that sparked relief among the tech industry, the United Kingdom’s online safety bill has been postponed for at least several weeks. Get...

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EMEA Daily: UK Government to Pay out $43.6B to Support Households
EMEA Daily: UK Government to Pay out $43.6B to Support Households
July 14, 2022  |  Europe

In today’s top news from Europe, the Middle East and Africa (EMEA), the U.K. government is set to pay out nearly $44 billion in “cost...

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UK Parliament Asks Visa, Mastercard to Explain Swipe Fees Hike
UK Parliament Asks Visa, Mastercard to Explain Swipe Fees Hike
July 14, 2022  |  Legal & Regulation

On Wednesday (July 13), the Treasury Committee at the U.K. Parliament sent letters to Visa and Mastercard requesting them to explain their increases in cross-border...

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UK Government to Pay Out $43.6B to Support Households
UK Government to Pay Out $43.6B to Support Households
July 14, 2022  |  Europe

The U.K. government is set to make a series of “cost of living” payments beginning Thursday (July 14) to millions of households in the country...

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