The United Kingdom has reportedly begun to draft regulations to govern artificial intelligence (AI). Policy officials are in the early stages of drafting legislation, but...
Monzo, the British FinTech unicorn, is aiming for a £4 billion valuation in its latest funding round. The digital bank, which currently has over nine...
PayPal received approval from the Financial Conduct Authority (FCA) on Tuesday (Oct. 31) to offer crypto-asset activities in the United Kingdom. The FCA has implemented stricter rules on marketing crypto...
Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s...
As the use of facial recognition software continues to expand around the world, concerns about privacy and human rights violations have reignited the debate surrounding...
Real-time payments have revolutionized the global financial landscape, fostering greater efficiency, convenience and inclusion. Countries worldwide are embracing real-time payment systems to meet the growing...
Apple has reportedly soft launched an iPhone Wallet app integration that provides users in the United Kingdom with their current account balances and transaction histories. This...
British banking giant HSBC and Nova Credit want to let U.K. immigrants improve their credit. The partnership, announced Monday (Sept. 18) in a news release...
EchoPay and Token.io have joined forces to introduce account-to-account (A2A) payments to wholesale merchants in the United Kingdom. This partnership aims to significantly reduce payment costs for wholesalers...