United Kingdom

UK Seeks Its Place to Shape Global Standards in Artificial Intelligence
UK Seeks Its Place to Shape Global Standards in Artificial Intelligence
January 31, 2022  |  artificial intelligence

The U.K. government has launched a new AI Standard Hub as part of its National AI Strategy that will aim to increase the U.K. contribution...

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UK Law Could Hold Automakers, Software Firms Accountable in Autonomous Cars
UK Law Could Hold Automakers, Software Firms Accountable in Autonomous Cars
January 28, 2022  |  Regulation

The Law Commission of England and Wales and the Scottish Law Commission released a final 315-page report on January 26 recommending the U.K. and Scottish...

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UK Payments Regulator Seeks More Transparency in Card-Acquiring Market
UK Payments Regulator Seeks More Transparency in Card-Acquiring Market
January 27, 2022  |  Regulation

The U.K. Payment Systems Regulator (PSR) published a public consultation on January 26 in which it considers applying four potential remedies in the card-acquiring market. ...

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Vodafone to Prioritize 4G and 5G Rollout by Retiring 3G Network in UK in 2023
Vodafone to Prioritize 4G and 5G Rollout by Retiring 3G Network in UK in 2023
January 26, 2022  |  International

British technology communications company Vodafone has announced that it will begin the retirement of its legacy 3G network next year as part of the company’s...

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Klarna Intros Physical Card in UK
Klarna Intros Physical Card in UK
January 26, 2022  |  BNPL

Buy now pay later (BNPL) banking platform Klarna is introducing a physical Visa card in the U.K. that already has a waitlist of 400,000, according...

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UK Parliament Committee Sees More Risks Than Benefits in CBDCs
UK Parliament Committee Sees More Risks Than Benefits in CBDCs
January 13, 2022  |  CBDC

The Economic Affairs Committee at the U.K. House of Lords published a report on January 13 casting doubts about the benefits of creating a retail...

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Bank of England Probes Cloud Titans Over Banking Risks
Bank of England Probes Cloud Titans Over Banking Risks
January 10, 2022  |  Big Tech

Cloud computing titans like Google, Amazon, and Microsoft are on the radar of banking regulators in the U.K. over growing concerns about how much data...

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UK Neobanks Show Potential for 2022 with Major Fundraising and Expansion Plans
UK Neobanks Show Potential for 2022 with Major Fundraising and Expansion Plans
January 07, 2022  |  Digital-First Banking

Despite the legal and pandemic-related business challenges that have plagued neobanks in the United Kingdom in recent months, the challenger bank space in Europe is...

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UK Firms Target Eco-Friendly Consumers Through Sustainability-Focused eCommerce Platforms
UK Firms Target Eco-Friendly Consumers Through Sustainability-Focused eCommerce Platforms
December 27, 2021  |  Innovation

Traditional brick-and-mortar retail models typically dictate that inventory must be available in the warehouse before it can be sold. But with an array of supply...

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