United Kingdom

Klarna Intros Physical Card in UK

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  |  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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UK Retail Foot Traffic Down 45% from 2019 Boxing Day
UK Retail Foot Traffic Down 45% from 2019 Boxing Day
December 26, 2021  |  Retail

The high infection rates from the COVID Omicron variant have had a dampening effect on the U.K. shopping scene around Christmas weekend, a report from...

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EU Internal Markets Chief Claims US Commerce Chief Is Lobbying for Big Tech
EU Internal Markets Chief Claims US Commerce Chief Is Lobbying for Big Tech
December 19, 2021  |  Big Tech

Thierry Breton, the EU internal markets commissioner, said a senior U.S. official has been campaigning on Big Tech’s behalf — in spite of the EU’s...

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JPMorgan’s British Retail Bank Chase Expanding Staff, Product Suite
JPMorgan’s British Retail Bank Chase Expanding Staff, Product Suite
December 14, 2021  |  Banking

J.P. Morgan‘s British retail bank Chase is continuing to expand its staff as it executes its strategy to move into investment and savings services by...

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