uk

UK Government Wants Financial Regulators to Oversee Amazon, Microsoft Cloud Businesses

UK Government Wants Financial Regulators to Oversee Amazon, Microsoft Cloud Businesses
UK Government Wants Financial Regulators to Oversee Amazon, Microsoft Cloud Businesses
June 08, 2022  |  Legal & Regulation

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...

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EMEA Daily: Zopa Taps Into UK’s $7.5B BNPL Market
EMEA Daily: Zopa Taps Into UK’s $7.5B BNPL Market
June 08, 2022  |  Europe

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...

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UK Digital Bank Zopa Unveils BNPL Offering
UK Digital Bank Zopa Unveils BNPL Offering
June 08, 2022  |  BNPL

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...

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Barclaycard, Liberis Offer SMBs Revenue-Based Financing
Barclaycard, Liberis Offer SMBs Revenue-Based Financing
June 07, 2022  |  SMBs

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,...

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BaaS Provider LHV UK Raises $38M to Pursue British Banking License
BaaS Provider LHV UK Raises $38M to Pursue British Banking License
June 07, 2022  |  Investments

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...

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Online Car Seller Cazoo to Cut 15% of Staff
Online Car Seller Cazoo to Cut 15% of Staff
June 07, 2022  |  Europe

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...

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Today in TechREG: FinCEN Proposes Rulemaking For New Enforcement Tool
Today in TechREG: FinCEN Proposes Rulemaking For New Enforcement Tool
June 06, 2022  |  Legal & Regulation

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...

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Plaid, Mollie Aim to Streamline EU Merchant Onboarding
Plaid, Mollie Aim to Streamline EU Merchant Onboarding
June 01, 2022  |  Partnerships

Data network Plaid is partnering with Dutch FinTech Mollie to make it easier for merchants across Europe and the United Kingdom to open online stores...

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