PYMNTS-MonitorEdge-May-2024

uk

PayPal Leads $19 Million Series A for B2B Card Platform Pliant
PayPal Leads $19 Million Series A for B2B Card Platform Pliant
April 17, 2024  |  Investments

B2B credit card platform Pliant is planning to expand after raising $19 million. The funding round, announced Wednesday (April 17) was led by PayPal Ventures and brings the Berlin-based Pliant’s...

READ MORE >
UK Drafting AI Regulations, But Not Rushing to Introduce Them
UK Drafting AI Regulations, But Not Rushing to Introduce Them
April 15, 2024  |  artificial intelligence

The United Kingdom has reportedly begun to draft regulations to govern artificial intelligence (AI). Policy officials are in the early stages of drafting legislation, but...

READ MORE >
UK Plans Stablecoin, Crypto Staking Legislation For Summer
UK Plans Stablecoin, Crypto Staking Legislation For Summer
April 15, 2024  |  Cryptocurrency

The British government is reportedly readying legislation for stablecoins and crypto staking, exchange and custody.  “We are now working at pace to deliver the legislation to put...

READ MORE >
UK Judge Rules App Developers’ Suit Against Apple Can Proceed
UK Judge Rules App Developers’ Suit Against Apple Can Proceed
April 12, 2024  |  Legal

Apple lost its bid to have part of a lawsuit in the United Kingdom dismissed. The lawsuit was filed on behalf of 1,500 U.K.-based app developers and alleged...

READ MORE >
Blockchain.com and MetaMask Partner to Streamline Adoption of Crypto Payments
Blockchain.com and MetaMask Partner to Streamline Adoption of Crypto Payments
April 09, 2024  |  Partnerships

Blockchain.com and MetaMask partnered to enable seamless and secure cryptocurrency payments. The new partnership includes an integration of Blockchain.com’s crypto payment solution, Blockchain.com Pay, with MetaMask’s self-custodial platform, the...

READ MORE >
Klarna Late Fees Spark Uptick in On-Time Payments
Klarna Late Fees Spark Uptick in On-Time Payments
April 04, 2024  |  Buy Now Pay Later

Klarna is reportedly sending fewer British customers to debt collectors after introducing late fees. The share of accounts in the United Kingdom using the Swedish company’s...

READ MORE >
UK FCA Prioritizes Digital Innovation, Fraud Prevention for 2024
UK FCA Prioritizes Digital Innovation, Fraud Prevention for 2024
March 26, 2024  |  emea

Amid a challenging economic landscape, the U.K.’s Financial Conduct Authority (FCA) has unveiled its Business Plan for the 2024-2025 fiscal year, marking the culmination of its three-year strategic roadmap.  One of...

READ MORE >
Ryft Enables UK Merchants to Accept American Express Card Payments
Ryft Enables UK Merchants to Accept American Express Card Payments
March 14, 2024  |  Partnerships

Ryft, a payment platform for marketplaces and digital platforms, has partnered with American Express. “We are now enabling our merchants within the UK to accept payments...

READ MORE >
Klarna Adds Open Banking for UK Customers
Klarna Adds Open Banking for UK Customers
March 14, 2024  |  Banking

Swedish payments FinTech Klarna is now offering open banking-powered settlements in the U.K.  “The launch means consumers can now pay Klarna directly from their bank account instead of...

READ MORE >