United Kingdom

US Regulators Lead Pack In Penalties On Firms And Individuals

US Regulators Lead Pack In Penalties On Firms And Individuals
US Regulators Lead Pack In Penalties On Firms And Individuals
October 05, 2018  |  Legal & Regulation

In the rundown of how individual countries rank, in terms of regulators levying fines on people and corporations, the United States tops the list. That’s...

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Western Union Expands Banco Monex Alliance, Volopa Unveils Contactless Multi-Currency Cards
Western Union Expands Banco Monex Alliance, Volopa Unveils Contactless Multi-Currency Cards
September 24, 2018  |  Global Payments

Welcome to The Axis, your look at payments news from around the world. Coverage includes the expansion of the alliance between Western Union Business Solutions and...

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PayPal-iZettle Deal Probed By UK Regulators
PayPal-iZettle Deal Probed By UK Regulators
September 21, 2018  |  Partnerships

As reported by the Financial Times on Friday (Sept. 21), the United Kingdom’s competition watchdog, the Competition and Markets Authority said, in what is known...

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Bitcoin Daily: UK, China Issue Crypto-Related Warnings, Russian Police Seize 20 Crypto ATMS
Bitcoin Daily: UK, China Issue Crypto-Related Warnings, Russian Police Seize 20 Crypto ATMS
September 04, 2018  |  Bitcoin

U.K.’s financial services providers watchdog, the Financial Conduct Authority (FCA), has sent out a warning about three crypto-related firms that have been operating without a...

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UK Debt Advice Providers Lack Funding To Keep Up With Demand
UK Debt Advice Providers Lack Funding To Keep Up With Demand
August 27, 2018  |  Europe

As consumer debt levels in the U.K. are on the rise and debt collection groups are reportedly not paying voluntary contributions, providers of debt advice...

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GDPR Thins The Herd For Online And Mobile Advertising
GDPR Thins The Herd For Online And Mobile Advertising
August 23, 2018  |  Legal & Regulation

Don’t cry for Facebook. Sure, the social media platform said it lost one million active users from Europe after the General Data Protection Regulation (GDPR)...

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UK Government Urged To Break Up Financial Reporting Council
UK Government Urged To Break Up Financial Reporting Council
August 08, 2018  |  B2B Payments

The U.K. government heard calls this week to break up its Financial Reporting Council (FRC), separating the body’s audit watchdog and corporate governance roles into...

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UK To Fine Critical Companies With Weak Cybersecurity
UK To Fine Critical Companies With Weak Cybersecurity
January 30, 2018  |  Cybersecurity

Critical companies in the United Kingdom could face a hefty fine – up to £17 million ($24 million) – if they don’t ensure that their...

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