uk

Fleek Raises $20 Million to Expand Secondhand Apparel Platform
Fleek Raises $20 Million to Expand Secondhand Apparel Platform
November 12, 2024  |  Investments

London-based startup Fleek reportedly raised $20.4 million to expand its secondhand clothing platform. Fleek works with roughly 10,000 resellers and retailers in 70 countries, moving...

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UK’s FCA Fines Metro Bank $21 Million for Money Laundering Protection Lapses
UK’s FCA Fines Metro Bank $21 Million for Money Laundering Protection Lapses
November 12, 2024  |  AML

The United Kingdom’s finance regulator fined Metro Bank for failing to monitor money laundering risks. The Financial Conduct Authority said Metro must pay 16.7 million...

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Anthropic Pushes for Regulations as Britain Launches AI Testing Platform 
Anthropic Pushes for Regulations as Britain Launches AI Testing Platform 
November 06, 2024  |  artificial intelligence

The U.K. government unveiled a standardized digital platform for AI safety verification this week, projecting a 6.5 billion-pound market by 2035, while AI developer Anthropic...

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UK Launching Platform to Boost Business Trust in AI
UK Launching Platform to Boost Business Trust in AI
November 06, 2024  |  artificial intelligence

The U.K. is providing a platform to help businesses assess and mitigate the risks associated with artificial intelligence (AI) as its use becomes more widespread....

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Affirm Begins Rollout of Pay-Over-Time Options in UK
Affirm Begins Rollout of Pay-Over-Time Options in UK
November 03, 2024  |  Buy Now Pay Later

Affirm launched its pay-over-time options in the United Kingdom. The company will initially offer its interest-free and interest-bearing monthly payment options, with any interest applied...

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AI Rules in Britain Test Global Content Rights Balance
AI Rules in Britain Test Global Content Rights Balance
November 01, 2024  |  artificial intelligence

Britain is moving to let artificial intelligence (AI) companies freely scrape online content unless publishers block them — a policy shift the BBC and other...

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Klarna Now Available on Apple Pay in US and UK
Klarna Now Available on Apple Pay in US and UK
October 17, 2024  |  Buy Now Pay Later

Klarna’s flexible payment options are now available to eligible Apple Pay users in the United States and the United Kingdom. Options include pay later in...

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Meta Teams With UK Banks to Fight Scammers
Meta Teams With UK Banks to Fight Scammers
October 02, 2024  |  Security & Fraud

Meta launched an anti-fraud information-sharing partnership with banks in the United Kingdom. The Fraud Intelligence Reciprocal Exchange (FIRE) is a “threat intelligence sharing program” that...

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UK’s CMA Decides Amazon-Anthropic Partnership Won’t Lessen Competition in AI
UK’s CMA Decides Amazon-Anthropic Partnership Won’t Lessen Competition in AI
September 27, 2024  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 27) that it decided it will not further investigate whether Amazon’s partnership with Anthropic...

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