uk

CMA: Amazon Commits to Fair Competition in UK Marketplace
CMA: Amazon Commits to Fair Competition in UK Marketplace
July 26, 2023  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) said Amazon has committed to ensure fair competition in its marketplace. To level the playing field, the online retail giant has...

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UK’s CMA Finds HSBC Failed to Share Payment Transaction Histories
UK’s CMA Finds HSBC Failed to Share Payment Transaction Histories
July 25, 2023  |  Regulation

The U.K.’s Competition and Markets Authority (CMA) has found that HSBC has breached an order that requires banks to send payment transaction histories to some customers. Part 5...

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Grasshopper and Cable Debut Financial Crime Prevention Testing Platform
Grasshopper and Cable Debut Financial Crime Prevention Testing Platform
July 25, 2023  |  Security & Fraud

Digital bank Grasshopper has partnered with Cable to equip its clients and Banking-as-a-Service (BaaS) platform with automation and technology for financial crime assurance, testing and oversight. The bank will...

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UK Data Regulator Probes Worldcoin Launch
UK Data Regulator Probes Worldcoin Launch
July 25, 2023  |  Cryptocurrency

The United Kingdom’s data regulator is reportedly investigating OpenAI CEO Sam Altman’s Worldcoin. “We note the launch of Worldcoin in the U.K. and will be...

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What’s Missing from America’s AI Safety Pledge? Any Mention of EU 
What’s Missing from America’s AI Safety Pledge? Any Mention of EU 
July 24, 2023  |  Regulation

The U.S. has historically regulated technical innovations sector by sector, rather than by overall capability. This generally results in the limited use of certain technologies...

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Mondu and Acquired.com Expand B2B BNPL in UK and Europe
Mondu and Acquired.com Expand B2B BNPL in UK and Europe
July 21, 2023  |  Buy Now Pay Later

B2B payments company Mondu has partnered with payments specialists Acquired.com. Through Acquired’s network, Mondu’s suite of B2B payment services will be available to customers across...

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UK Finance Ministry Proposes Rules Against ‘Unfair Bank Account Closures’
UK Finance Ministry Proposes Rules Against ‘Unfair Bank Account Closures’
July 20, 2023  |  Bank Regulation

The United Kingdom’s economic and finance ministry, HM Treasury, is proposing rules for banks to combat “unfair bank account closures.” The proposed rules are meant to...

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Ocado CEO: U.S. Lags Behind Other Countries on eGrocery Profitability
Ocado CEO: U.S. Lags Behind Other Countries on eGrocery Profitability
July 20, 2023  |  Retail

As United States grocers look to seize on the digital shift, they may need to update their infrastructure to make eCommerce worth its while in...

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Klarna Partners With Money Adviser Network to Offer Debt Advice
Klarna Partners With Money Adviser Network to Offer Debt Advice
July 19, 2023  |  Consumer Finance

Klarna has joined forces with the Money Adviser Network (MAN) to enable its customers in the United Kingdom to get fast, free debt advice. The buy now, pay...

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