United Kingdom

JPMorgan to Expand Online Banking Platform Into Germany and EU
JPMorgan to Expand Online Banking Platform Into Germany and EU
July 21, 2023  |  Digital-First Banking

J.P. Morgan reportedly plans to expand its online banking platform Chase into Germany and other European Union (EU) countries. Preparations for such a move have...

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UK Retail Sales Rise 0.7% Amid Good Weather and Sales
UK Retail Sales Rise 0.7% Amid Good Weather and Sales
July 21, 2023  |  Retail

British consumers’ purchases rose by 0.7% in June after increasing just 0.1% in May. Month-over-month retail sales volumes in the United Kingdom increased across all...

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FCA Proposes Consumer Duty on Social Media Financial Product Ads
FCA Proposes Consumer Duty on Social Media Financial Product Ads
July 17, 2023  |  Regulation

The U.K.’s financial watchdog wants to crack down on illicit marketing of financial products on social media. That crackdown, the Financial Conduct Authority (FCA) announced...

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CAB Payments Sees ‘Significant’ IPO Interest Despite Rocky UK Market
CAB Payments Sees ‘Significant’ IPO Interest Despite Rocky UK Market
June 15, 2023  |  IPO

CAB Payments Holdings has confirmed its plans to go public on the London Stock Exchange. The payments services/foreign exchange company had first announced plans for...

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Andreessen Sees UK as Crypto Haven Amid US Crackdown
Andreessen Sees UK as Crypto Haven Amid US Crackdown
June 12, 2023  |  Cryptocurrency

Amid America’s crypto crackdown, Andreessen Horowitz is reportedly looking to the U.K. The venture capital firm is opening a new office in London later this...

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Big Tech Firms Warn UK Risks Losing Its ‘FinTech Crown’
Big Tech Firms Warn UK Risks Losing Its ‘FinTech Crown’
June 06, 2023  |  Europe

A U.K. lobbying group wants Great Britain’s next government to improve the country’s technological standing. In a report issued Tuesday (June 6), UK Tech —...

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Report: FTX Collapse Triggered 41% Spike in UK Crypto Fraud
Report: FTX Collapse Triggered 41% Spike in UK Crypto Fraud
May 30, 2023  |  Security & Fraud

The value of U.K. cryptocurrency fraud hit a record high following the collapse of FTX. That’s according to a recent report by law firm RPC,...

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Uber Hopes UK Airline Bookings Will Speed Super App Takeoff
Uber Hopes UK Airline Bookings Will Speed Super App Takeoff
May 10, 2023  |  Ridesharing

Uber has reportedly added flight bookings in the U.K. to fuel its super app ambitions. The changes let customers in Great Britain schedule full journeys...

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British Consumers Expect Inflation to Slow
British Consumers Expect Inflation to Slow
May 01, 2023  |  International

British consumers are feeling more optimistic about inflation. Consumers said in April that they expect inflation to be 5.2% a year from now, a figure...

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