Tag: UK
Government launches consultation for £738mn of public funds
Calls for a review of the Dormant Assets Scheme have been made by the Government in an attempt to allocate funds to the most...
Stripe suffers 28% valuation drop becoming latest fintech to stagger
Financial service giant Stripe is the latest fintech firm to suffer a significant valuation drop this year as the company reveals it has cut...
Zip eyes UK exit after more than a year in the...
Australian BNPL provider Zip is seeking an exit from the UK market just one year after it launched in the country.
Sky News revealed that...
TMT: “Great opportunities ahead” if the financial sector wins public trust
Intelligence firm TMT Analysis has revealed that there is a widespread mistrust in the Financial Services (FS) industry among UK citizens.
In its ‘Tackling mobile...
UK Treasury preparing for regulation of stablecoins
The UK Treasury is planning legislation that will provide a regulatory framework around stablecoins according to Bank of England Deputy Governor Jon Cunliffe, who...
Seedrs enlists LHV UK and Form3 to bolster faster payments
Private investment platform Seedrs has chosen LHV UK and Form3 to enable faster payments throughout the UK and Europe.
Linking with the duo allows Seedrs...
Revolut Reader launches in the UK and Ireland
Digital payments provider Revolut is embarking on a foray into in-person payments with the launch of its new Revolut card reader.
‘Revolut Reader’ is designed...
UK Finance reveals rise of 39% of APP fraud in 2021
Losses in stolen money due to Authorised Push Payments (APP) is up 39% from last year, according to the latest figures released by UK...
Trustly enhances UK Open Banking growth with Betway
Global account-to-account payment provider Trustly has launched its new open banking product with international betting brand Betway.
Part of the fintech’s continued UK expansion,...
Transact Payments: Research uncovers ‘deep worry’ over UK going cashless
Payments provider Transact Payments has highlighted a general belief that the elderly will be left behind if Britain goes cashless.
Titled “Why cash, branches and...
