UK Mulls Ransom Payments Ban Amid Surge in Ransomware Incidents
The UK’s Home Office is considering regulations that would ban many of the country’s critical organizations from making payments to ...
Tag: UK
Explore how the UK leads in fintech innovation, shaping the payments and banking sectors with digital payments, open banking, and regulatory frameworks that support financial growth and inclusion.
The UK’s Vision for the Future of Open Banking
The UK government recently released its National Payments Vision whitepaper, outlining key aspects of the country’s payments ecosystem, particularly the ...
UK Auto Loan Controversy Could Cost Banks Billions
Some of the largest banks in the UK may have to pay billions of pounds to consumers over contentious lending ...
Circle Expects UK Stablecoin Regulation in the Coming Months
An executive at crypto firm Circle said UK regulators could be rolling out stablecoin legislation in the next few months. ...
The UK Is Making Banks Reimburse Victims of APP Fraud
The UK has introduced new regulations requiring banks and other payment firms to reimburse victims of authorized push payment (APP) ...
Meta to Share Data with UK Banks in Bid to Prevent Facebook Scams
Meta is enhancing its Fraud Intelligence Reciprocal Exchange (FIRE) to directly share data with two UK banks in an effort ...
UK Lawmakers Introduce Bill to Bring Regulatory Clarity on Crypto
UK regulators have proposed a bill that would categorize crypto and digital assets as personal property. The current lack of ...
Improving EU/UK Relationship Could Give Payments Platforms and Merchants a Boost
An executive at an EU fintech said that improving the financial relationship between the UK and the European Union would ...
Digital Gift Cards Outpace Physical Cards in the UK
Digital gift cards now account for over half (52%) of the UK gift card market share in what is being ...
UK’s Proposed Cross-Border Interchange Fee Cap Sees EU Pushback
Two European trade associations have issued a letter raising objections to the UK’s proposed interchange fee cap for payments originating ...
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