uk

UK Financial Authorities to Improve Cooperation on National Payments Vision
UK Financial Authorities to Improve Cooperation on National Payments Vision
December 23, 2024  |  Regulation

Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise their agreement as the government pursues its...

READ MORE >
British Retail Sales Dampened by Consumers Waiting for Bargains
British Retail Sales Dampened by Consumers Waiting for Bargains
December 20, 2024  |  Retail

While retail sales in Great Britain rose in November, analysts said the results were dampened by consumers waiting for bargains. Retail sales rose by 0.2%...

READ MORE >
This Week in AI: Security Flaw Exposes AI Giants While Robot Workers Get Upgrade
This Week in AI: Security Flaw Exposes AI Giants While Robot Workers Get Upgrade
December 20, 2024  |  Artificial Intelligence

This week in AI, security researchers stole artificial intelligence models with near-perfect accuracy by capturing electromagnetic signals, as MIT unveiled a robot system that can...

READ MORE >
AI Oversight Gets Targeted Push in US, Malaysia and UK
AI Oversight Gets Targeted Push in US, Malaysia and UK
December 18, 2024  |  artificial intelligence

Congress urges industry-specific AI oversight in its first comprehensive framework, while Malaysia launches a National AI Office to steer its tech regulation ambitions. The U.K....

READ MORE >
UK Aims to Regulate AI’s Use of Copyrighted Materials
UK Aims to Regulate AI’s Use of Copyrighted Materials
December 17, 2024  |  artificial intelligence

The British government is preparing to regulate the use of copyrighted material in training AI. The U.K. on Tuesday (Dec. 17) began a consultation designed to provide...

READ MORE >
UK’s FCA Seeks Comment on Proposed Cryptocurrency Regulations
UK’s FCA Seeks Comment on Proposed Cryptocurrency Regulations
December 16, 2024  |  Cryptocurrency

The United Kingdom’s Financial Conduct Authority is seeking public comment on its plans to improve the transparency of the country’s cryptocurrency markets. The FCA’s request...

READ MORE >
UK Publishes Safety Rules for Online Service Providers
UK Publishes Safety Rules for Online Service Providers
December 16, 2024  |  Regulation

The United Kingdom’s internet regulator issued final safety guidelines for online service providers. “People in the U.K. will be better protected from illegal harms online,...

READ MORE >
FIS Reportedly Spending $300 Million to Buy UK FinTech Demica
FIS Reportedly Spending $300 Million to Buy UK FinTech Demica
December 16, 2024  |  Acquisitions

FIS is reportedly acquiring U.K. supply chain finance firm Demica in a $300 million deal. The two parties agreed to a deal last week, Sky...

READ MORE >
UK’s Regulator to Cap Cross-Border Interchange Fees
UK’s Regulator to Cap Cross-Border Interchange Fees
December 13, 2024  |  Credit Cards

The United Kingdom’s Payment Systems Regulator (PSR) proposed a price cap on cross-border interchange fees and is seeking comment on the level at which the...

READ MORE >