United Kingdom

The U.K.’s Competition Appeal Tribunal ruled unanimously Friday (June 27) that Visa and Mastercard’s multilateral interchange fees violate European competition law. The ruling is the latest round in a long-running legal ...

Neobank Starling Bank, based in the United Kingdom, is exploring a “range of expansion options” in the United States, a Starling spokesperson told PYMNTS in a Thursday (June 26) email. The ...

Citi UK CEO Tiina Lee reportedly said Thursday (June 26) that regulators should not place restrictions on banks’ cryptocurrency holdings that are so “prohibitive” that those assets are driven into ...

Google could face new restrictions on its search business in the U.K. The potential changes comes as the country’s antitrust regulator, the Competition and Markets Authority (CMA), announced Tuesday (June 24) ...

Payment Assist is now offering business lending to automotive businesses across the United Kingdom via an embedded finance partnership with Groov. The new offering joins the buy, now pay later (BNPL) ...

Meta-owned WhatsApp reportedly joined a legal challenge against the U.K. government’s demand that Apple allow it access to the company’s encrypted customer data. WhatsApp is supporting two cases — one brought ...

Santander UK launched a collaboration with payments technology firm Worldpay. The partnership enables the bank’s business, commercial and corporate customers to access Worldplay services such as eCommerce capabilities and point-of-sale solutions, ...

United Kingdom FinTech Wise intends to move its primary listing from the London Stock Exchange (LSE) to a stock exchange in the United States while maintaining a secondary listing on the ...

Dojo, a payments technology provider in the United Kingdom, secured a $190 million investment from global growth investment firm Vitruvian Partners to accelerate its growth in the U.K. and expand ...

Fraud reports continue to climb in the United Kingdom despite legislative victories. Last year saw 3.3 million reported cases of fraud in the U.K., a 12% increase over the 2023 numbers, ...

While the trend toward mobile-first shopping is global, the U.K. presents a unique dynamic: consumers are actively using mobile for purchases and engagement, yet the country ranks last among eight ...

The British government is preparing to introduce new regulations for pay later companies. As the Financial Times reported, the legislation, set to be introduced Monday (May 19), will put buy now, ...

Bitcoin rose beyond $100,000 Thursday (May 8) for the first time in three months. As Bloomberg News reported, this increase was driven by anticipation for a relaxation of global tariff-related tensions ...

Acquired.com joined 30 other organizations in a collective effort to create a new company that will work to establish and serve as a central operator for commercial variable recurring payments ...

The United Kingdom’s Financial Conduct Authority (FCA) is seeking feedback on the regulation of cryptoasset trading platforms, saying clear regulation will boost confidence in the sector and boost its growth. The FCA ...

Business financial platform Tide now offers its credit product, Credit Flex, to all its members in the United Kingdom. Tide expanded the availability of Credit Flex after seeing the success of ...

Cryptocurrency and FinTech executives say Great Britain has become an unwelcoming place for their businesses. That’s according to a report Wednesday (April 30) by CNBC, citing interviews with industry leaders who say the ...

The British government reportedly plans to work with American officials to regulate the cryptocurrency industry. The two countries will hold talks “to support the use and responsible growth of digital assets,” ...

Retail sales in Great Britain rose by 0.4% in March, boosted by unusually sunny weather for that time of year, the Office for National Statistics said Friday (April 25). This marked ...

Barclays and private equity firm Brookfield Asset Management partnered to grow Barclays’ payment acceptance business and transform it into a standalone entity. The partnership brings together Barclays’ client relationships and payments ...

The United Kingdom’s Financial Conduct Authority (FCA) is establishing offices in the United States and the Asia-Pacific (APAC) region to offer services like helping firms navigate U.K. regulations to enter ...

Revolut reportedly plans to add U.K. stocks to its trading platform within days. The company gained its U.K. trading license in November, has over 800,000 U.K. trading customers, and already offers ...

Cryptocurrency platform Kraken launched a payments-focused partnership with Mastercard. The collaboration will allow Kraken customers in the United Kingdom and Europe to spend crypto assets at more than 150 million merchants ...

Trust and familiarity are central to the payments experience. At the end of the day, consumers won’t pay with methods they don’t know much about or aren’t used to. And that’s ...

PayPal is bringing its PayPal Ads program to the United Kingdom. The solution, first introduced last year in the United States, lets brands and merchants show personalized ads to interested consumers ...

The United Kingdom’s Financial Conduct Authority plans to retire more than 100 pages of outdated guidance, withdraw hundreds of supervisory publications and take other steps to reduce burdens on businesses ...

United Kingdom FinTech Monzo debuted a tool to help consumers share expenses with friends and family. Monzo Split is aimed at solving what the company said is a persistent problem in ...

Global payments platform Adyen and BNPL platform Affirm have extended their partnership into the U.K., a move designed to help British merchants offer consumers more flexible payment options. Under the expanded ...

Revolut is reportedly hiring 100 new staffers as it prepares to expand its U.K. banking business. The FinTech received its long-awaited British banking license last summer — albeit with some restrictions ...

The head of the United Kingdom’s Payment Systems Regulator (PSR) reportedly said Wednesday (March 12) that he had been aware since January that the regulator could be abolished, as Prime Minister Keir Starmer ...

Visa and Mastercard face regulatory action in the United Kingdom following a payments watchdog’s investigation. The Payment Systems Regulator (PSR) is considering “remedies” for the two companies after uncovering a lack ...

A London court approved a settlement in a class action lawsuit brought against Mastercard over its swipe fees. By approving the deal, the Competition Appeal Tribunal rejected a challenge by the ...

Apple is reportedly facing an order from British authorities to give the government a way to access global user data stored in its cloud services. The authorities asked the tech giant in ...

The United Kingdom’s Financial Conduct Authority is urging social media platforms to do more to prevent illegal financial promotions. The agency intervened and forced the withdrawal or amendment of twice as ...

The imposition of tariffs on small packages imported to the United States from China reportedly led Shein to consider cutting its valuation in a potential London initial public offering (IPO) ...

Banking giant Santander has reportedly chosen a new U.S. CEO amid a larger reshuffle. Christiana Riley will succeed Tim Wennes as the bank’s lead in the U.S., Executive Chair Ana Botin ...

Travel Ledger now enables travel businesses in the United Kingdom and Europe to use Revolut’s services to automatically settle B2B payments with partners directly through the Travel Ledger platform. The capability ...

Revolut is reportedly entering the commercial real estate lending business. The United Kingdom-based FinTech appointed M&G Investments veteran Duncan Batty to build the new business unit, Bloomberg reported Tuesday (Jan. 28), ...

Two U.K. regulators said Thursday (Jan. 23) that an independent company, Open Banking Limited, will play a key role in advancing the effort to launch open banking-powered variable recurring payments. The ...

Apple and Google, the tech giants behind massive mobile ecosystems, are facing dual antitrust probes in the U.K. The investigations, launched by the U.K. Competition and Markets Authority (CMA), aim to ...