United Kingdom

Binance Suspending Crypto Transfers for UK Customers
Binance Suspending Crypto Transfers for UK Customers
March 14, 2023  |  Cryptocurrency

Binance is halting cryptocurrency withdrawals and deposits for its British customers. The move comes one month after the company temporarily suspended dollar trading, and marks...

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HSBC Pays One Pound to Purchase Silicon Valley Bank UK
HSBC Pays One Pound to Purchase Silicon Valley Bank UK
March 13, 2023  |  Banking

Banking giant HSBC is set to acquire the U.K. arm of failed lender Silicon Valley Bank. HSBC announced the purchase Monday (Mar. 13) morning, saying...

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Digital Bank Zopa Looks to M&As After $93M Fundraise
Digital Bank Zopa Looks to M&As After $93M Fundraise
February 02, 2023  |  Digital Banking

U.K. digital bank Zopa is looking to expand after raising $93 million in an equity round. The funding, announced Thursday (Feb. 2) in a news...

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UK and EU’s Payments and Crypto Regulation Divergence Set to Accelerate
UK and EU’s Payments and Crypto Regulation Divergence Set to Accelerate
December 30, 2022  |  Cryptocurrency

In 2023, the U.K. will accelerate its divergence from EU payment and crypto regulations. Meanwhile, the EU is moving ahead with its own policy agenda...

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Featurespace Looks to Tackle $2T Money Laundering Wave
Featurespace Looks to Tackle $2T Money Laundering Wave
November 22, 2022  |  Artificial Intelligence

Anticipating a wave of fraud tied to a global recession in 2023, financial crime prevention firm Featurespace says it is building an artificial intelligence (AI)...

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Amazon Insurance Store Launches in UK Offering Home Property Coverage
Amazon Insurance Store Launches in UK Offering Home Property Coverage
October 19, 2022  |  Amazon

Amazon is now offering an online store for home property insurance in the U.K. designed to streamline the shopping and decision-making process with a simplified...

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Agnostic Infrastructure Gives UK Merchants Control Over Payments, PSP Integration
Agnostic Infrastructure Gives UK Merchants Control Over Payments, PSP Integration
October 12, 2022  |  Payment Methods

For any business accepting digital payments, navigating different payment systems in order to provide consumers with their preferred method can cause a broad range of...

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Amazon Says UK Seller Roster Grew 25% in 2021
Amazon Says UK Seller Roster Grew 25% in 2021
October 02, 2022  |  eCommerce

The number of small- and medium-sized businesses in Britain selling over Amazon increased by more than 25 percent in 2021 — a growth rate far...

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JPMorgan Retail Arm Chase UK Crosses £10B in Deposits in First Year
JPMorgan Retail Arm Chase UK Crosses £10B in Deposits in First Year
September 28, 2022  |  Digital Banking

J.P. Morgan’s digital bank Chase UK is closing out its first year with £10 billion in deposits and 1 million customers as the digital retail...

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