uk

Cazoo Reports 29% Drop in Used Car Sales Amid ‘Meaningful Progress’ in H1 2023
Cazoo Reports 29% Drop in Used Car Sales Amid ‘Meaningful Progress’ in H1 2023
August 01, 2023  |  Earnings

British online auto marketplace Cazoo has reported upbeat second quarter and first half 2023 financial results, months after completing its withdrawal from European businesses to concentrate exclusively on its U.K....

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UK FinTech Tide Adds Accrual-Based Accounting to Platform
UK FinTech Tide Adds Accrual-Based Accounting to Platform
August 01, 2023  |  B2B Payments

Tide, a United Kingdom FinTech, has added accrual-based accounting to its digital business finance platform for small- to medium-sized businesses (SMBs). This addition to the Tide...

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As Hybrid Work Impacts Urban Retail, London Looks to Offer Rent-Free Shops
As Hybrid Work Impacts Urban Retail, London Looks to Offer Rent-Free Shops
July 31, 2023  |  Retail

During the pandemic, many fled the city to live the suburban life. Today, urban commercial real estate companies are struggling to fill their spaces with...

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CMA: Amazon Commits to Fair Competition in UK Marketplace
CMA: Amazon Commits to Fair Competition in UK Marketplace
July 26, 2023  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) said Amazon has committed to ensure fair competition in its marketplace. To level the playing field, the online retail giant has...

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UK’s CMA Finds HSBC Failed to Share Payment Transaction Histories
UK’s CMA Finds HSBC Failed to Share Payment Transaction Histories
July 25, 2023  |  Regulation

The U.K.’s Competition and Markets Authority (CMA) has found that HSBC has breached an order that requires banks to send payment transaction histories to some customers. Part 5...

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Grasshopper and Cable Debut Financial Crime Prevention Testing Platform
Grasshopper and Cable Debut Financial Crime Prevention Testing Platform
July 25, 2023  |  Security & Fraud

Digital bank Grasshopper has partnered with Cable to equip its clients and Banking-as-a-Service (BaaS) platform with automation and technology for financial crime assurance, testing and oversight. The bank will...

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UK Data Regulator Probes Worldcoin Launch
UK Data Regulator Probes Worldcoin Launch
July 25, 2023  |  Cryptocurrency

The United Kingdom’s data regulator is reportedly investigating OpenAI CEO Sam Altman’s Worldcoin. “We note the launch of Worldcoin in the U.K. and will be...

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What’s Missing from America’s AI Safety Pledge? Any Mention of EU 
What’s Missing from America’s AI Safety Pledge? Any Mention of EU 
July 24, 2023  |  Regulation

The U.S. has historically regulated technical innovations sector by sector, rather than by overall capability. This generally results in the limited use of certain technologies...

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Mondu and Acquired.com Expand B2B BNPL in UK and Europe
Mondu and Acquired.com Expand B2B BNPL in UK and Europe
July 21, 2023  |  Buy Now Pay Later

B2B payments company Mondu has partnered with payments specialists Acquired.com. Through Acquired’s network, Mondu’s suite of B2B payment services will be available to customers across...

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