United Kingdom

Pay by bank’s practical test has been whether it can scale beyond utilities, gaming and bill pay into everyday commerce. With Amazon’s Tuesday (Feb. 10) introduction of its Pay by Bank ...

Robinhood UK will begin rolling out its stocks & shares ISA in the United Kingdom this week. Individual Savings Accounts (ISAs) allow U.K. residents and some other individuals to save tax-free as much as 20,000 pounds ...

Mastercard has introduced a new accreditation framework designed to streamline market entry for financial-technology startups in the United Kingdom, according to a Jan. 15 press release. The initiative, titled “BIN Sponsor ...

Google faces potential new regulations covering its search services in the United Kingdom and, in separate news, reportedly agreed to settle a proposed class action lawsuit in the United States involving its operating ...

Visa, Mastercard and Revolut lost a fight over a proposed transaction fee cap in the United Kingdom. The High Court in London ruled Thursday (Jan. 15) that the U.K.’s Payment Systems ...

The United Kingdom’s Financial Conduct Authority posted information for firms that want to offer crypto asset-related services in the country under the crypto asset regulatory regime that is expected to ...

Ripple received permissions that allow it to scale Ripple Payments, its cross-border payment solution that uses digital assets, in the United Kingdom. The permissions include approval of Ripple’s electronic money institution ...

Tax authorities are closing in on crypto tax evasion, and the net is widening beyond national borders. Beginning Jan. 1 in the U.K. and more than 40 other countries, exchanges ...

The United Kingdom’s Financial Conduct Authority (FCA) said rule changes that will take effect in March 2026 will allow banks and payment service providers to set their own limits for ...

The British government is reportedly planning sharp funding increases for areas like artificial intelligence (AI) and video games. That spending could increase by up to 100% in some areas as the ...

The United States government reportedly paused its technology deal with the United Kingdom. The suspension of the “technology prosperity deal” comes amid rising frustration in Washington over the progress of trade ...

U.K. digital bank Monzo says it is set to acquire British mortgage broker Habito. The company says the deal, announced Tuesday (Dec. 16), will make Monzo the first U.K. bank to ...

The United Kingdom is reportedly set to begin regulating cryptocurrencies starting in October 2027. The goal is to provide certainty for the industry and push away “dodgy actors,” Reuters reported Sunday ...

Global data and technology company Experian has partnered with British not-for-profit organization Fair4All Finance to help people access debt consolidation products. Together, using a 1-million-pound (about $1.3 million) grant from Fair4All ...

United Kingdom-based Lloyds Banking Group acquired London-based digital wallet FinTech Curve. The deal will allow Lloyds to expand its digital footprint, according to a Wednesday (Nov. 19) press release. “This strategic acquisition ...

United Kingdom ministers reportedly plan to make it illegal to resell tickets for live events at a price above face value. The plan is set to be announced Wednesday (Nov. 19) ...

U.K.-based consumer payments platform Zilch has raised $175 million in debt and equity. The new funding will go towards marketing efforts, product development and improvement to Zilch’s platform, as well as ...

Cyber insurance insurers in the United Kingdom paid 197 million pounds (about $259 million) in claims from businesses last year. The figure is up 230% from 2023, the Association of British ...

Robinhood plans to start rolling out futures trading to eligible customers in the United Kingdom in the coming weeks. This offering will allow U.K. customers to trade index, energy, metals and ...

Authorized push payment (APP) fraud drove an increase in losses to payment fraud and scams in the first half of the year in the United Kingdom. Losses from APP rose 12% ...

Digital bank and flexible payments provider Klarna debuted its debit card and digital wallet in the United Kingdom, according to a Thursday (Oct. 16) press release. The products are focused on ...

Demand for FinTech and artificial intelligence workers is boosting financial sector vacancies in London. Recruiter Morgan McKinley released figures Friday (Oct. 10) in its London Employment Monitor showing that vacancies in ...

The Bank of England reportedly plans to grant exemptions to its proposed limits on stablecoin holdings to allow cryptocurrency exchanges and certain other businesses to hold larger amounts of the ...

Trade association UK Finance and several financial institutions have launched a pilot project that they said will include the first U.K. live transactions of tokenized sterling deposits (GBTD). The pilot will cover three ...

Meta plans to offer people in the United Kingdom the option to pay to gain an ad-free experience on its social media platforms Facebook and Instagram. The company will roll out ...

Triver secured up to 114 million pounds (about $153 million) to expand the embedded invoice financing it offers to small businesses in the United Kingdom. The company’s financing is part equity, ...

The United Kingdom’s Financial Conduct Authority proposed rules to promote good business practices among cryptocurrency firms. Many of the proposed rules already apply to traditional financial firms, the FCA said in ...

The United Kingdom’s Financial Conduct Authority is reportedly planning to exempt cryptocurrency companies from some of its rules. David Geale, executive director for payments and digital finance at the FCA, said ...

Aldi is reportedly making a $2.2 billion investment in its British grocery business. The two-year project comes as the German supermarket chain is enjoying record sales in the U.K., according to ...

SumUp, a United Kingdom-based card reader company, is reportedly considering a stock market listing and initial public offering (IPO). The FinTech is mulling an IPO that could value the company at ...

Cryptocurrency companies are reportedly lobbying the Bank of England to rethink its stablecoin ownership limits. The restrictions would give the United Kingdom more stringent rules for the stablecoin sector than the ...

Corporate card company Brex is reportedly expanding in Europe as it prepares to go public. The company obtained a license that lets it serve businesses in Europe and plans to roll ...

Revolut is reportedly allowing workers to sell their holdings at a $75 billion valuation. The most valuable FinTech in the United Kingdom informed staff members Monday (Sept. 1) that they will ...

New data found that nearly a third of all adults in the United Kingdom now use open banking services. Figures from Open Banking Limited showed that more than 15.6 million people ...

Payments company Wise is reportedly weighing becoming a full-fledged bank in the United Kingdom. The company has been in touch with experienced financial services executives in the last two months about ...

The United States said the United Kingdom will end its effort to access U.S. Apple users’ encrypted data. Tulsi Gabbard, U.S. director of national intelligence, said in a post on social ...

Visa found that 73% of university students in the United Kingdom would welcome technology that makes it easier for them to manage their bills. The findings came from a survey of ...

Card issuing platform Marqeta officially acquired TransactPay to bolster its card program management capabilities in the United Kingdom and Europe. TransactPay provides bank identification number sponsorship services and is a licensed ...

The United Kingdom’s Financial Conduct Authority introduced new protections for payment firms’ customers. The new changes, set to go into effect in May 2026, are designed to improve safeguarding practices among ...

The United Kingdom’s Financial Conduct Authority is inviting U.K. and Swiss firms to express their interest in providing cross-border services as part of a new agreement that will make it ...