United Kingdom

Klarna Seeks to Appease UK Regulators With Credit Reporting 
Klarna Seeks to Appease UK Regulators With Credit Reporting 
May 04, 2022  |  BNPL

Klarna is moving ahead of potential regulation in Buy Now, Pay Later (BNPL) in the U.K. The company announced in a blog post on May...

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UK Regulators’ Path for AI Starts With Auditing Algorithms
UK Regulators’ Path for AI Starts With Auditing Algorithms
May 02, 2022  |  artificial intelligence

The Digital Regulation Cooperation Forum (DRCF), a group of four U.K. regulators, published last week, April 28 two documents where it provided businesses with guidance...

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W2, Visa Team Up on UK Business Compliance Tools
W2, Visa Team Up on UK Business Compliance Tools
April 28, 2022  |  VISA

Regulatory compliance software platform W2 is teaming up with payments behemoth Visa to offer “enhanced compliance solutions and tools for U.K. Platinum and Infinite business...

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British Lender Outfund Launches $627M Investment Fund
British Lender Outfund Launches $627M Investment Fund
April 27, 2022  |  Investments

British revenue-based financing (RBF) company Outfund plans to invest £500 million ($627 million) of lending to over 5,000 businesses in the next 12 months. According...

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Ted Baker Gets Multiple Buyout Proposals
Ted Baker Gets Multiple Buyout Proposals
April 27, 2022  |  Acquisitions

“A number” of potential suitors are angling to buy British fashion retailer Ted Baker, less than a month after the brand put itself on the...

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UK’s Financial Regulator Chief Lures Crypto Firms
UK’s Financial Regulator Chief Lures Crypto Firms
April 27, 2022  |  Cryptocurrency

Nikhil Rathi, the Head of the U.K.’s Financial Conduct Authority (FCA), gave a speech at City Week 2022 on April 26, in which he stressed...

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Rewire and Paysafe Team Up to Help Migrants Manage Their Cash
Rewire and Paysafe Team Up to Help Migrants Manage Their Cash
April 26, 2022  |  Partnerships

Africa and Asia migrant-focused cross-border financial services platform Rewire on Tuesday (April 26) teamed up with payments platform Paysafe to bring the offering to cash-reliant...

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EU Lawmakers Backed Tighter M&A Rules to Protect EU Targets
EU Lawmakers Backed Tighter M&A Rules to Protect EU Targets
April 26, 2022  |  Acquisitions

The Committee on International Trade at the European Parliament backed yesterday, April 25, a proposal that could make the acquisition of EU companies by overseas...

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UK Financial Regulator Sees Synthetic Data as Next Step in Data Sharing  
UK Financial Regulator Sees Synthetic Data as Next Step in Data Sharing  
April 22, 2022  |  Data

The U.K. Financial Conduct Authority is calling on stakeholders to provide input about the use of synthetic data to support financial services innovation. In a...

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