United Kingdom neobank Starling reportedly does not plan to reapply for a European Union banking license. Instead, the company will try to expand internationally via...
British neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday (June 3), showed its profit...
Financial services industry initiatives helped drive down fraud losses in the United Kingdom in 2023. Criminals stole about 1.2 billion pounds (about $1.5 billion) through...
The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need...
Capchase received a 105-million-euro (about $114 million) credit facility warehouse led by Deutsche Bank to support flexible financing for software-as-a-service (SaaS) businesses in the United Kingdom and Europe....
Higher fees from the payments networks across the pond have not translated into better service, according to a new report. The U.K.’s Payment Systems Regulator...
Stripe is reportedly opening a new London location as part of a larger U.K. expansion. This new office will house 250 workers from the payments company’s engineering, sales,...
The U.K.’s payments watchdog says card giants Visa and Mastercard need to offer greater transparency. The Payment Systems Regulator (PSR) said Tuesday (May 21) that it is proposing that both companies...
The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. The U.K.’s Department for Culture, Media and Sport issued a report Thursday (May...