cma

UK Gives Green Light To PayPal/iZettle Deal
UK Gives Green Light To PayPal/iZettle Deal
April 30, 2019  |  Partnerships / Acquisitions

PayPal’s acquisition of iZettle is getting closer to completion after U.K.’s competition regulator dropped its opposition to the $2.2 billion deal. According to a report...

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CMA Orders Lloyds To Improve PPI Policy Communication
CMA Orders Lloyds To Improve PPI Policy Communication
October 04, 2018  |  Bank Regulation

Lloyds Banking Group has been ordered by the Competition and Markets Authority (CMA) to improve its communications with customers pertaining to payment protection insurance (PPI)...

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Citizens Advice Files Complaint With British Regulator
Citizens Advice Files Complaint With British Regulator
September 28, 2018  |  Europe

Following a complaint from Citizens Advice, Britain’s competition regulator might investigate financial service and telecom companies. The group had contended that consumers were being “ripped...

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PayPal-iZettle Deal Probed By UK Regulators
PayPal-iZettle Deal Probed By UK Regulators
September 21, 2018  |  Partnerships / Acquisitions

As reported by the Financial Times on Friday (Sept. 21), the United Kingdom’s competition watchdog, the Competition and Markets Authority said, in what is known...

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FCA Rolls Out Rules To Help Consumers Make Better Financial Services Decisions
FCA Rolls Out Rules To Help Consumers Make Better Financial Services Decisions
August 16, 2018  |  Regulation

The Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA) announced on Thursday (Aug. 16) that consumers and small businesses will have better...

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Are UK Overdraft Fees More Costly Than Payday Loans?
Are UK Overdraft Fees More Costly Than Payday Loans?
May 23, 2018  |  Alternative Finances

Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require...

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CMA Set To Investigate Just Eat’s Acquisition Of Hungryhouse
CMA Set To Investigate Just Eat’s Acquisition Of Hungryhouse
May 11, 2017  |  Partnerships / Acquisitions

Just Eat Plc’s 200 million-pound ($259 million) acquisition of Hungryhouse has raised concerns it will cause poor service for British restaurants using either delivery service, which...

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Cardtronic’s DirectCash Payments Acquisition Draws Regulator Scrutiny
Cardtronic’s DirectCash Payments Acquisition Draws Regulator Scrutiny
May 05, 2017  |  Partnerships / Acquisitions

Cardtronics will face some in-depth questions about its proposed multi-million dollar acquisition of Canada’s DirectCash Payments from the U.K.’s Competition and Markets Authority (CMA). The world’s...

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For UK’s SME Lending, Looking Toward Tech For A Boost
For UK’s SME Lending, Looking Toward Tech For A Boost
August 12, 2016  |  International

The U.K.’s Competition and Markets Authority has issued a report on the state of the banking industry, and some things need to change in order...

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