Tag: the UK

The UK’s National Cyber Security Centre (NCSC) claims it has fought off a record number of digital intrusions this year driven by a surge in ransomware.

UK Chancellor of the Exchequer Rishi Sunak has revealed that the UK will force financial institutions to publish its plans on how they will transition to net zero.

The Treasury has unveiled a consultation on the policy options for the buy now, pay later (BNPL) sector as potentially firmer regulation on the market comes into sight.

The UK will invest £5bn into the creation of a Cyber Force unit that will strike back on cyberattacks with retaliatory hacks.

Rishi Sunak has demanded two reviews of the country’s financial regulation linked to supply chain finance followed the collapse of Greensill Capital earlier this year.

People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.

London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.

Santander has started the roll-out of its CashFlow Manager app for businesses in the UK market.

Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.

York-based FinTech startup fidomoney has launched its business current account service to consumers in the UK.