uk

HSBC Innovation Banking Debuts in UK
HSBC Innovation Banking Debuts in UK
June 12, 2023  |  Banking

British banking giant HSBC has officially launched a revamped version of Silicon Valley Bank UK. After weeks of teasing an innovation-focused version of SVB UK...

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Investors Bullish on Farfetch After Strong Results Announced in May
Investors Bullish on Farfetch After Strong Results Announced in May
June 09, 2023  |  Retail

Shares of luxury eCommerce retailer Farfetch have been on the rise. The British luxury goods merchant’s shares rose as much as 15% Friday amid elevated trading volume,...

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UK Tribunal Halts Proposed Class-Action Lawsuits Against Mastercard and Visa
UK Tribunal Halts Proposed Class-Action Lawsuits Against Mastercard and Visa
June 08, 2023  |  Credit Cards

Proposed lawsuits against Mastercard and Visa in the United Kingdom have been halted. The country’s Competition Appeal Tribunal ruled Thursday (June 8) that the four lawsuits proposed by...

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UK Regulator: Banks Have Five Days to Reimburse Push Payments Fraud Victims
UK Regulator: Banks Have Five Days to Reimburse Push Payments Fraud Victims
June 07, 2023  |  Regulation

Authorized push payments (APP) fraud victims in the U.K. could soon see faster reimbursements. That’s according to Great Britain’s Payment Systems Regulator (PSR) which on Wednesday (June...

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Stitch Fix Looks to Exit UK and Cut Back US Distribution
Stitch Fix Looks to Exit UK and Cut Back US Distribution
June 07, 2023  |  Retail

Stitch Fix is considering withdrawing from the British market as it rethinks its business. The online personal styling service said in an earnings announcement Tuesday (June 6) that...

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Report: Barclays Explores Payments Business Revamp
Report: Barclays Explores Payments Business Revamp
June 07, 2023  |  Banking

U.K. banking giant Barclays is reportedly considering major changes to its payments operations. The bank has spoken with consultants to determine whether it should expand some of...

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Has UK’s Cautious Approach to New Technologies Paid Off?
Has UK’s Cautious Approach to New Technologies Paid Off?
June 06, 2023  |  Fintech Investments

New York and London — two of the world’s leading business-destination cities and top global financial centers — have a “strong two-way flow in terms...

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AI Helps VC Firms Cut Costs and Improve Funding Process Efficiency
AI Helps VC Firms Cut Costs and Improve Funding Process Efficiency
June 02, 2023  |  artificial intelligence

From healthcare to finance and spend management, artificial intelligence (AI) continues to disrupt industries, enabling firms to cut costs, increase efficiency and unlock new growth opportunities. And it’s no different...

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Advanced Automation Helps Enterprises Manage Spend on a Global Scale
Advanced Automation Helps Enterprises Manage Spend on a Global Scale
May 31, 2023  |  Spend Management

Companies navigating the shifting landscape of global commerce see the promise of new markets, of bringing their products and services to new geographies. As they...

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