uk

Meta’s Giphy Deal Narrowly Clears UK Regulator — for Now

Meta’s Giphy Deal Narrowly Clears UK Regulator — for Now
Meta’s Giphy Deal Narrowly Clears UK Regulator — for Now
June 14, 2022  |  Facebook / Meta

A British tribunal that hears appeals of decisions by the U.K.’s main regulator of competition overthrew that agency’s rejection of Facebook parent Meta’s purchase of...

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LHV UK Fights Push Payment Fraud With Confirmation of Payee Service
LHV UK Fights Push Payment Fraud With Confirmation of Payee Service
June 14, 2022  |  Cybersecurity

Banking services provider LHV UK is fighting authorized push payment (APP) fraud with the integration of the Confirmation of Payee (CoP) service, now live for...

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Today in TechREG: EU Faces Opposition for Digital Euro; Amazon Offers Remedies for EU Antitrust Fines
Today in TechREG: EU Faces Opposition for Digital Euro; Amazon Offers Remedies for EU Antitrust...
June 13, 2022  |  Legal & Regulation

Today in TechREG news, the European Commission will see the results (June 13) of a public consultation on the digital Euro and according to the...

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SMB Trade Finance Bank Neotrade Launches in UK
SMB Trade Finance Bank Neotrade Launches in UK
June 13, 2022  |  SMBs

Trade finance bank Neotrade has launched in the U.K., offering financing for small- to medium-sized businesses (SMBs) using an artificial intelligence (AI)-based scoring system to...

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UK Online Retail Sales Fall 8.7% in May
UK Online Retail Sales Fall 8.7% in May
June 13, 2022  |  Retail

Sales by discount retailers fell 15% in May across the United Kingdom, leading an overall 8.7% year-over-year drop in those types of purchases in the...

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Walmart Invites UK Sellers to Join Its Online Marketplace
Walmart Invites UK Sellers to Join Its Online Marketplace
June 13, 2022  |  Walmart

Walmart wants U.K. retailers to join its online marketplace to give them another place to make their eCommerce revenue, touting the 120 million monthly visitors...

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Revolut Debuts US Dollar B2B Payments Transfers to UK
Revolut Debuts US Dollar B2B Payments Transfers to UK
June 10, 2022  |  B2B Payments

FinTech app Revolut has announced it will allow its business customers to make fee-free U.S. dollar (USD) transfers to the United Kingdom, IBS Intelligence reported...

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BOE: UK Banks Need to Show They Can Fail ‘Safely’
BOE: UK Banks Need to Show They Can Fail ‘Safely’
June 10, 2022  |  Europe

Three of the U.K.’s biggest lenders need to do more to show they could fail without harming customers and taxpayers, the Bank of England (BOE)...

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