United Kingdom

EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses

EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
July 01, 2022  |  Banking

This week in the news, the U.K is to get two new neobanks as Ashman and Kroo are granted licenses. Get the Full Story Complete...

READ MORE >
UK Seeks Guidance on New Open Banking Roadmap, Regulator
UK Seeks Guidance on New Open Banking Roadmap, Regulator
June 29, 2022  |  Bank Regulation

Last week, on June 24, the U.K. Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) issued two different statements about the future of...

READ MORE >
UK BNPL Regulation Unlikely Before Mid-2023
UK BNPL Regulation Unlikely Before Mid-2023
June 21, 2022  |  BNPL

The U.K. government announced on Monday, June 20, plans to tighten rules on the Buy Now, Pay Later (BNPL) sector aimed at protecting users —...

READ MORE >
UK Expands Interest-Free Emergency Loans to Needy
UK Expands Interest-Free Emergency Loans to Needy
June 19, 2022  |  Loans

The U.K. No Interest Loans Scheme (Nils), backed by the treasury, will now be expanded to reach up to 20,000 people, a report says. Get...

READ MORE >
Commercial Real Estate Lender Ashman Granted UK Banking License
Commercial Real Estate Lender Ashman Granted UK Banking License
June 16, 2022  |  Real Estate

Ashman announced in a press release yesterday that authorities in its native Britain have given it authority to lend money. Get the Full Story Complete...

READ MORE >
UK SMEs Give Customers the Cheap, Contactless Payments They Want
UK SMEs Give Customers the Cheap, Contactless Payments They Want
June 16, 2022  |  Payment Methods

In the U.K., The Big Issue magazine is distributed by a network of around 1500 people who are either vulnerably housed or at risk of...

READ MORE >
EU’s Disinformation Code Will Force Big Tech to Disclose How They Tackle Fake News  
EU’s Disinformation Code Will Force Big Tech to Disclose How They Tackle Fake News  
June 14, 2022  |  Big Tech

Facebook, Twitter and TikTok are among the signatories of a new version of the EU’s anti-disinformation code that could be published as early as next...

READ MORE >
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. Get the...

READ MORE >