uk

Mastercard Launches Digital Assets and Blockchain Initiative
Mastercard Launches Digital Assets and Blockchain Initiative
June 28, 2023  |  Blockchain

Mastercard has launched a new initiative focused on digital assets and blockchains. The new Multi-Token Network (MTN) is focused on projects on these technologies, Mastercard Executive Vice President...

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OpenAI Picks London for 1st International Office
OpenAI Picks London for 1st International Office
June 28, 2023  |  Artificial Intelligence

ChatGPT creator OpenAI has picked London for its first headquarters outside the United States. “London’s vibrant technology ecosystem and its exceptional talent make it the ideal location for...

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NatWest Launches Incentives for New and Expanded Business Accounts
NatWest Launches Incentives for New and Expanded Business Accounts
June 27, 2023  |  B2B Payments

NatWest is offering incentives to businesses in the United Kingdom that switch their accounts to the bank. The U.K. bank is offering 24 months of free...

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Threading the Needle in Defining AI’s Regulatory Boundaries
Threading the Needle in Defining AI’s Regulatory Boundaries
June 27, 2023  |  artificial intelligence

How does one tame the hyper-rapid advance of the disruptive technical beast? While marketplace innovations have always played the proverbial “hare” to the regulatory “tortoises”...

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UK FinTech TreasurySpring Raises $29 Million to Grow Fixed-Term Fund Platform
UK FinTech TreasurySpring Raises $29 Million to Grow Fixed-Term Fund Platform
June 26, 2023  |  Investments

TreasurySpring has secured $29 million to grow its fixed-term fund (FTF) platform. The firm plans to increase its headcount by 50%, adding to its product, sales and marketing...

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H-E-B Joins Grocers Bringing Delivery In-House to Boost eCommerce Margins
H-E-B Joins Grocers Bringing Delivery In-House to Boost eCommerce Margins
June 23, 2023  |  Delivery

This week in grocery, H-E-B expands its direct delivery capabilities, Albertsons looks to win in retail media, and grocers in the United Kingdom see inflation three times larger than...

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Coronation Drives Unexpected Boost in UK Retail Sales Volumes
Coronation Drives Unexpected Boost in UK Retail Sales Volumes
June 23, 2023  |  Retail

The holiday celebrating the coronation of King Charles III contributed to an unexpected rise in British retail sales. The country’s retail sales volumes rose 0.3% in May,...

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Why Venture Capital May Not Be the Right Funding Choice For Most Early-Stage Startups
Why Venture Capital May Not Be the Right Funding Choice For Most Early-Stage Startups
June 23, 2023  |  Startups

Venture capital (VC) has long been viewed as the ultimate source of financing for startups, but according to Jay Wilson, investment director at U.K.-based investment firm...

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Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
June 23, 2023  |  Amazon

Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After...

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