Tag: UK
Crypto lobby group calls for UK ‘white list’ to prevent market...
CryptoUK has called for UK banks to be given a ‘white list’ of registered crypto firms to avoid firms in the industry getting ‘debanked’.
iwoca, CRIF partner to improve lending applications
Business lender iwoca has teamed up with credit information provider CRIF to help SMEs in the UK get instant decisions on lending applications.
UK’s FCA takes action against crypto ATMs in London
The UK’s Financial Conduct Authority (FCA) has made another move to crackdown on crypto ATMs by inspecting several sites in East London.
UK firms spending £22k each hour on fighting fraud
UK financial services organisations are collectively spending £32.4bn each year on financial crime compliance (FCC), according to a report from LexisNexis Risk Solutions.
The UK’s FCA will tackle competition in trade market data
The UK’s Financial Conduct Authority (FCA) has announced it will tackle competition problems with the trade market data.
Klarna reports $1bn annual loss
Klarna has reportedly suffered its biggest annual loss totalling $1bn, but its company is certain it is on track to return to profitability.
UK FinTech giant Revolut records first full year of profitability
UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.
BNPL giant Klarna to launch late fees in UK
BNPL giant Klarna will reportedly start charging customers for any late payments in the UK, in hopes to curb loan defaults.
Smartlockr raises capital to bolster email data security
Smartlockr, a people-centric data security provider, has received an investment as it looks to grow internationally.
Cybersecurity platform for SMEs CyberSmart raises $15m
Cybersecurity platform for SMEs CyberSmart has reportedly collected $15m for its Series B funding round.
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