Tag: the UK

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.

A study by the International Institute for Strategic Studies (IISS) has found the US continues to lead the way as the number one cyber power worldwide.

Starling Bank has given children aged between 6 and 16 access to an account that will enable them to view their balance and transactions and receive spending notifications.

A pilot program by UK micropayments firm Shrap has begun two pilot programs in Essex and Denny, Scotland to trial and test scalable solutions to help keep cash sustainable.