U.K.

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a sovereign country in north-western Europe, off the north-­western coast of the European mainland.

UK Ransomware Attacks Up 100% in 2021
UK Ransomware Attacks Up 100% in 2021
March 28, 2022  |  Cybersecurity

Ransomware attacks reported to the Information Commissioner’s Office (ICO) in the U.K. doubled last year to 654 from 326 in 2020, according to a report...

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UK’s Ted Baker Declines Sycamore’s Takeover Offers
UK’s Ted Baker Declines Sycamore’s Takeover Offers
March 28, 2022  |  Retail

British fashion retailer Ted Baker has rebuffed two takeover offers from private equity investor Sycamore Partners Management, saying the proposals greatly undervalue the company, Reuters...

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EMEA Daily: Retail Holdouts in Russia Face Repercussions in Poland; Russian Government Employees Charged in Worldwide Hacking Scheme
EMEA Daily: Retail Holdouts in Russia Face Repercussions in Poland; Russian Government Employees Charged in...
March 25, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, foreign retailers who have continued to do business in Russia following the attack on Ukraine...

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UK to Boost Open Banking With New Regulator
UK to Boost Open Banking With New Regulator
March 25, 2022  |  Banking

The U.K. Treasury, the Competition and Markets Authority (CMA), the Financial Conduct Authority (FCA) and the Payment System Regulator (PSR), issued a joint statement Friday...

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Digital Bank Chetwood Acquires Yobota to Expand BaaS
Digital Bank Chetwood Acquires Yobota to Expand BaaS
March 24, 2022  |  Acquisitions

Digital bank Chetwood Financial has acquired core banking provider Yobota in a bid to expand its Banking-as-a-Service (BaaS) operations, the company announced in a Thursday...

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Why UK Customers Are Moving to Digital Banks
Why UK Customers Are Moving to Digital Banks
March 21, 2022  |  Digital Banking

Consumers in the United Kingdom are interested in digital banking. In the last quarter of last year, almost 250,000 U.K. banking customers switched their accounts...

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LeakBot Becomes Ondo as Part of Reverse Merger With Spinnaker Acquisitions
LeakBot Becomes Ondo as Part of Reverse Merger With Spinnaker Acquisitions
March 21, 2022  |  Acquisitions

Special purpose acquisition company (SPAC) Spinnaker Acquisitions has finalized a reverse merger with LeakBot, a B2B InsurTech, that creates a new entity named Ondo InsurTech,...

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New UK Provision to Hold Big Tech Responsible for Paid Ads From Fraudsters
New UK Provision to Hold Big Tech Responsible for Paid Ads From Fraudsters
March 10, 2022  |  Security & Fraud

Social media platforms and other Big Tech companies are facing new regulatory headwinds in online advertising, this time from the United Kingdom. The U.K. introduced...

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UK’s Payment Strategy Focuses on Fraud Detection, Instant Payments
UK’s Payment Strategy Focuses on Fraud Detection, Instant Payments
March 10, 2022  |  International

The United Kingdom continues developing its New Payment Architecture (NPA), which will allow financial institutions (FIs), payment providers and other players to access a new...

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