Luxembourg-based FinTech Mangopay has been granted an electronic money institution (EMI) license by the U.K. Financial Conduct Authority (FCA), the company announced in a Wednesday (Nov....
Apple Inc. has been dealt a blow in a class action lawsuit in London, as the Competition Appeal Tribunal ruled Wednesday (Nov. 1) that the case can proceed....
The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset...
Poshmark is shuttering some overseas operations and paying greater attention to America’s recommerce market. “In order to focus on Poshmark’s North America business and drive meaningful...
Chase UK told customers that it will block them from making cryptocurrency transactions in a bid to protect them from the increasing number of frauds...
England’s central bank is putting new banking reforms on hold until the summer of 2025. As the Financial Times (FT) reported Sunday (Sept. 24), the Bank of England’s (BOE)...
Discount supermarket chain Aldi said it has experienced record sales in the United Kingdom as shoppers seek affordable groceries. In response to this increased demand, Aldi has...
The United Kingdom has passed its Online Safety Bill, and with it, new metaverse protections. The long-discussed bill concluded its final Parliamentary debate Tuesday (Sept....
Lloyds Bank formed a foreign exchange (FX) partnership with payments company Fiserv. The collaboration makes Lloyds the first bank “to widely offer wholesale FX rates...