Sections
United Kingdom
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RetailUK Retailers To Reduce Workforces
After realizing that shoppers would not likely go back to their old habits following...
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InvestmentsUK Digital Bank Starling Raises $49 Million In Latest Funding...
Starling, a United Kingdom-based digital bank, has raised $49 million in a funding round...
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RetailTesco Places Quantity Restrictions On eCommerce Orders
As shoppers stockpile items over the COVID-19 crisis, U.K. grocer Tesco will let shoppers order up...
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RetailBritish Retailers Experience Strong Black Friday
Retailers in the U.K. enjoyed a strong Black Friday despite forecasts that the holiday...
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B2B PaymentsUK Reveals Late Payments Law Loophole
The U.K. is perhaps the most vocal market in the late B2B payments world,...
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Bank RegulationUK Watchdog Orders Barclays To Improve SMB Treatment
The U.K.'s Competition and Markets Authority (CMA) is ordering Barclays to improve its treatment...
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BitcoinCrypto Drug Dealers Get Jail Terms
After relying on the supposed anonymity of bitcoin, members of a ring that imported...
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Global PaymentsAnt's Xiang Hu Bao Brings In 50M Users; Bristol Leads...
Welcome to The Axis, your late look at payments news from around the world....
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RegulationDraft Guidelines Clarify GDPR Scope
As GDPR continues to take root, having an impact in Europe and beyond the...
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Global PaymentsWestern Union Unveils UK High-Value Transfers; Gap Taps Adyen For...
Welcome to The Axis, your look at payments news from around the world. Coverage...
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RegulationUS Regulators Lead Pack In Penalties On Firms And Individuals
In the rundown of how individual countries rank, in terms of regulators levying fines...
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Global PaymentsWestern Union Expands Banco Monex Alliance, Volopa Unveils Contactless Multi-Currency...
Welcome to The Axis, your look at payments news from around the world. Coverage...
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Partnerships / AcquisitionsPayPal-iZettle Deal Probed By UK Regulators
As reported by the Financial Times on Friday (Sept. 21), the United Kingdom’s competition...
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BitcoinBitcoin Daily: UK, China Issue Crypto-Related Warnings, Russian Police Seize...
U.K.’s financial services providers watchdog, the Financial Conduct Authority (FCA), has sent out a...
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EuropeUK Debt Advice Providers Lack Funding To Keep Up With...
As consumer debt levels in the U.K. are on the rise and debt collection...
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LegalGDPR Thins The Herd For Online And Mobile Advertising
Don’t cry for Facebook. Sure, the social media platform said it lost one million...
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B2B PaymentsUK Government Urged To Break Up Financial Reporting Council
The U.K. government heard calls this week to break up its Financial Reporting Council...
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Safety and SecurityUK To Fine Critical Companies With Weak Cybersecurity
Critical companies in the United Kingdom could face a hefty fine – up to...
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CashIn The UK, Cash And Contactless Are Vying To Stay...
British banknotes are practically royalty. According to research in the new PYMNTS Global Cash...
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CashNEW STUDY: Can Cash Keep Its £70 Billion British Crown?
When it comes to payment usage in the U.K., cash is as close to...
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Today In DataToday in Data: U.K. Lender Prodigy's U.S. Expansion Funding
It can be argued that one of the highest costs to expanding professional careers...
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VISAVisa Announces Plan To Open Two New Data Hubs
“Our mission is to be the best way to pay for everyone anywhere,” Visa’s...
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BrexitContingency Plans Mulled Ahead of Brexit
Contingency plans seemed to be the name of the game in recent days as...
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BankingIn Land Of Free Banking Apps, Red Ink And Investor...
Upstarts are trying to eat traditional banks’ lunch, especially in Europe. But the field...
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B2B PaymentsUK Government Recruits Big Banks For SME Trade Finance
As part of a broader effort to keep the economy strong post-Brexit, the United...
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Payment MethodsOnline Purchases Rule The UK Commerce Arena
As the popularity of online shopping continues to rise, it comes as no surprise...
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InternationalThis Is Brexit? First U.K. Consumer Spending Drop In Four...
The pound has been on a downward spiral since the Brexit referendum, and that...
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Security & FraudUK Government Renews Calls For Clampdown On End-To-End Encryption
The U.K. government, in the wake of the terrorist attack over the weekend, is...
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B2B PaymentsUK Endures Q1 Insolvency Spike
U.K. business insolvencies are up, according to new analysis from Hudson Weir. The London-based...
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Partnerships / AcquisitionsFood Ordering Startup Delivery Hero Makes Second Acquisition In Six...
Berlin-based Delivery Hero has made its second acquisition in six months, buying Kuwaiti rival...
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InternationalBrexit Exodus Trickling Toward a Steady Stream?
The exodus fomented by Brexit may be quickening. As noted by sources including CNN...
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BrexitBrexit Tracker: Amazon UK Hiring, Tech Sector Downfalls, And The...
It can be hard to tell exactly how Brexit Britain is faring during this...
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Payments As A ServiceGiving UK Hospitality A Reboot With Full-Service Payments
In a sea of small businesses, what does it take to stand out? For...
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Payments As A ServicePayments as a Service Tracker: Beacon Of Hope For UK...
In a sea of small businesses, what does it take to stand out? For...
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InternationalBrexit Leading To Bigger Grocery Bills In Britain
Supermarket prices rose about 1 percent in July in the United Kingdom, the second straight...
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InternationalUK And Korea Create FinTech Bridge
With FinTech startups exploding on the scene, U.K. and Korea want to make it easier...
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InternationalIn UK, SMB Mistrust Of Alternative Payment Firms
A new study by Visa Europe finds traditional banks hold sway over tech-driven alternative...
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InternationalKabbage Partners With Santander To Serve UK SMBs
Grupo Santander subsidiary Santander UK said on Monday (April 4) that it will license...
- Regulation
The UK’s Payments Regulator Talks Innovation
It’s been almost a year since the United Kingdom ushered in a first of...
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Loyalty & RewardsUK’s Largest Loyalty Program Goes Digital
Nectar, a longstanding loyalty program that allows customers to collect points from online retailers...
