Today in TechREG, the Consumer Financial Protection Bureau (CFPB) removed Upstart from its list of approved “no-action letters” (NALs). The NALs provided regulatory immunity, but...
The U.K. Treasury released a policy paper on Wednesday (June 8) proposing a new regulatory framework that would provide the Bank of England (BoE) and...
In today’s top stories from Europe, the Middle East and North Africa, British digital bank Zopa is launching a suit of regulated buy now, pay...
Digital bank Zopa is hoping to capitalize on the United Kingdom’s buy now, pay later (BNPL) market — worth 6 billion British pounds (about $7.5...
Payments company Barclaycard and embedded business finance platform Liberis have teamed up to offer small- to medium-sized business (SMB) customers access to personalized, revenue-based financing,...
Banking-as-a-Service (BaaS) provider LHV UK has raised 30 million British pounds (about $38 million) to finance the creation of a new British bank, UK Tech...
Online car retailer Cazoo said it will reduce about 15% of its workforce and slow new hiring in an effort to cut costs. Get the...
Today, a court in Australia found Google liable for defamatory videos posted on its YouTube platforms targeting a senior politician. The court ordered Google to...