United Kingdom

Klarna Seeks to Appease UK Regulators With Credit Reporting 

Klarna Seeks to Appease UK Regulators With Credit Reporting 
Klarna Seeks to Appease UK Regulators With Credit Reporting 
May 04, 2022  |  BNPL

Klarna is moving ahead of potential regulation in Buy Now, Pay Later (BNPL) in the U.K. The company announced in a blog post on May...

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UK Regulators’ Path for AI Starts With Auditing Algorithms
UK Regulators’ Path for AI Starts With Auditing Algorithms
May 02, 2022  |  Artificial Intelligence

The Digital Regulation Cooperation Forum (DRCF), a group of four U.K. regulators, published last week, April 28 two documents where it provided businesses with guidance...

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W2, Visa Team Up on UK Business Compliance Tools
W2, Visa Team Up on UK Business Compliance Tools
April 28, 2022  |  VISA

Regulatory compliance software platform W2 is teaming up with payments behemoth Visa to offer “enhanced compliance solutions and tools for U.K. Platinum and Infinite business...

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British Lender Outfund Launches $627M Investment Fund
British Lender Outfund Launches $627M Investment Fund
April 27, 2022  |  Investments

British revenue-based financing (RBF) company Outfund plans to invest £500 million ($627 million) of lending to over 5,000 businesses in the next 12 months. Get...

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Ted Baker Gets Multiple Buyout Proposals
Ted Baker Gets Multiple Buyout Proposals
April 27, 2022  |  Partnerships

“A number” of potential suitors are angling to buy British fashion retailer Ted Baker, less than a month after the brand put itself on the...

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UK’s Financial Regulator Chief Lures Crypto Firms
UK’s Financial Regulator Chief Lures Crypto Firms
April 27, 2022  |  Cryptocurrency

Nikhil Rathi, the Head of the U.K.’s Financial Conduct Authority (FCA), gave a speech at City Week 2022 on April 26, in which he stressed...

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Rewire and Paysafe Team Up to Help Migrants Manage Their Cash
Rewire and Paysafe Team Up to Help Migrants Manage Their Cash
April 26, 2022  |  Partnerships

Africa and Asia migrant-focused cross-border financial services platform Rewire on Tuesday (April 26) teamed up with payments platform Paysafe to bring the offering to cash-reliant...

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EU Lawmakers Backed Tighter M&A Rules to Protect EU Targets
EU Lawmakers Backed Tighter M&A Rules to Protect EU Targets
April 26, 2022  |  Partnerships

The Committee on International Trade at the European Parliament backed yesterday, April 25, a proposal that could make the acquisition of EU companies by overseas...

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