331 articles tagged with this keyword
Company update/payments
Mollie, one of the fastest-growing payment service providers in Europe, has expanded to support UK merchants looking to grow into Europe.
16 February 2021
News/payments
Starling Bank says that some companies across the EU are refusing to accept payments from UK euro account holders because the international bank account number (iban) contains the country code 'GB'.
03 February 2021
Mastercard has imposed a five-fold increase on credit card interchange fees charged for UK online purchases from the EU, following Britain's withdrawal from the European Union.
25 January 2021
In the wake of Brexit, banks are pushing the UK government to increase the contactless payments limit to £100, breaking with an EU cap of £45.
04 January 2021
Company update/regulation
In response to the risks posed by Brexit, FX specialist Monex Europe opens a new office in Luxembourg.
16 December 2020
News/regulation
The Bank of England has warned that there could be some disruption to the processing of payments for consumers and businesses at the end of the Brexit transition period.
11 December 2020
News/retail
The UK government has launched a global partnerships programme designed to help international financial institutions access British fintech.
10 December 2020
News/people
Dr Ruth Wandhöfer has been appointed chair of the Payment Systems Regulator (PSR) panel amid the regulator’s increased relevance as a policy strategist between a diverse group of banks, payment service providers, fintech firms and consumer groups as a result of the coronavirus pandemic.
08 December 2020
Company update/wholesale
From next year, Commonwealth Bank of Australia (CBA) will be able to grant its clients better access to European markets from its newly-licensed Dutch subsidiary, Commonwealth Bank of Australia (Europe) N.V.
07 December 2020
Company update/Brexit
New data from Barclays released today reveals that there has been a 20 per cent surge in business scams in the past five months, with thousands of SMEs across the UK falling victim to highly sophisticated and targeted scam tactics.
02 December 2020
Ahead of the UK’s withdrawal from the European Union (EU), Turquoise continues to make all necessary preparations to ensure adequate contingency arrangements are in place.
24 November 2020
Global payments service provider SumUp (www.sumup.ie) today confirms it has received a new e-money licence from the Central Bank of Ireland, the country's financial services regulator.
10 November 2020
Company update/markets
Freetrade, the commission-free investment platform, today announces that it will launch in Sweden.
09 November 2020
Leading European payments provider, Contis, this week cast a big vote for Europe by successfully migrating its data centres from the USA.
04 November 2020
In a bid to limit the risk of disruption to open banking services after Brexit, fhe FCA is to permit UK-based third-party providers (TPPs) to use an alternative to eIDAS certificates to access customer account information from account providers, or initiate payments.
03 November 2020
Banking platform Curve has announced the establishment of a subsidiary in Lithuania.
26 October 2020
Consumer group Which? is urging the UK Government to introduce a post-Brexit rule change that would force banks to reimburse victims of authorised push payment fraud.
22 October 2020
News/covid-19
Echoing Prime Minister’s Boris Johnson pledge to 'double down on levelling up' the UK economy, Citi Bank’s Tony McLaughlin believes the country can become an even more friendly environment for fintech and should be looking outside “a small perimeter around Old Street”.
09 September 2020
Holvi, the BBVA-backed fintech offering banking accounts for sole traders and small businesses, is pulling out of the UK just six months after launch.
12 August 2020
As a result of Brexit, ING is required to relocate a subset of Financial Markets (FM) trading activities from London to a EU27 country.
23 July 2020
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