United Kingdom

UK Regulator Puts Scandal-Plagued Credit Suisse Under the Microscope
UK Regulator Puts Scandal-Plagued Credit Suisse Under the Microscope
June 13, 2022  |  Bank Regulation

The U.K. Financial Conduct Authority has put Credit Suisse on a watchlist of companies needing tougher supervisions, a Financial Times (FT) report says. According to...

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UK Sets Course to Woo Big Tech
UK Sets Course to Woo Big Tech
June 07, 2022  |  Big Tech

In April, the U.K. government announced a new plan to make the U.K. a global crypto hub with, among other things, a friendly regulatory environment....

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UK Government Wants Bank of England to Regulate at-Risk Stablecoins
UK Government Wants Bank of England to Regulate at-Risk Stablecoins
June 01, 2022  |  Cryptocurrency

The U.K. government announced a few months ago that it wanted to lure the crypto community with a regulatory-friendly environment, and yesterday, May 31 the...

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Trustly Acquires Ecospend
Trustly Acquires Ecospend
May 30, 2022  |  Acquisitions

Global pay platform Trustly, which works on account-to-account (A2A) transactions, has bought open banking platform Ecospend as a way for Trustly to breach a huge...

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Sterling Bond Market Falls as Rates Rise, Forecasting UK Credit Crunch
Sterling Bond Market Falls as Rates Rise, Forecasting UK Credit Crunch
May 29, 2022  |  Europe

The U.K. credit market isn’t doing so well, Bloomberg reported Saturday (May 28), citing numerous troubles. A bond market seeing double-digit losses is stressing some...

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UK BNPL Firm Tranch Preps for US Launch With $4.2M
UK BNPL Firm Tranch Preps for US Launch With $4.2M
May 23, 2022  |  BNPL

Tranch, a U.K. buy now, pay later (BNPL) platform for SaaS sellers and professional services providers, says it has raised $4.25 million in pre-seed equity...

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UK Payment Regulator to Get More Powers to Fight Authorized Push Payment Fraud 
UK Payment Regulator to Get More Powers to Fight Authorized Push Payment Fraud 
May 18, 2022  |  Security & Fraud

The U.K. Payment System Regulator (PSR) is continuing its fight against authorized push payment (APP) fraud. New rules and legislation will provide the regulator with...

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CFPB Faces Fraud, Privacy Concerns in Open Banking Rules
CFPB Faces Fraud, Privacy Concerns in Open Banking Rules
May 10, 2022  |  CFPB

On April 26 and 27, during his testimonies at the Senate and the House, Rohit Chopra, Director of the Consumer Financial Protection Bureau (CFPB) offered...

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UK Financial Regulator Staff Stage First-Ever Strike
UK Financial Regulator Staff Stage First-Ever Strike
May 04, 2022  |  Personnel

Personnel at the U.K. Financial Conduct Authority (FCA) went on strike on Wednesday (May 4) for the first time in history, according to a statement...

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