The United Kingdom’s Financial Conduct Authority introduced new protections for payment firms’ customers. The new changes, set to go into effect in May 2026, are...
The United Kingdom’s Financial Conduct Authority is inviting U.K. and Swiss firms to express their interest in providing cross-border services as part of a new...
OpenAI and the U.K. government signed a strategic partnership that encompasses artificial intelligence (AI) infrastructure, employment and applications. The memorandum of understanding, which is voluntary and...
The United Kingdom’s Financial Conduct Authority proposed new protections for buy now, pay later borrowers that would take effect when BNPL comes under the regulator’s...
The United Kingdom’s Financial Conduct Authority shuttered over 1,600 websites last year suspected of promoting financial services without permission. The sites were either suspended, removed...
The Bank of England said global financial markets are still in jeopardy despite easing tariff tensions. “Risks and uncertainty associated with geopolitical tensions, global fragmentation...
Monzo, a digital bank in the United Kingdom, was fined 21,091,300 pounds (about $28.5 million) for deficient financial crime controls. The U.K.’s Financial Conduct Authority...
The U.K.’s Competition Appeal Tribunal ruled unanimously Friday (June 27) that Visa and Mastercard’s multilateral interchange fees violate European competition law. The ruling is the...