Tag: UK

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Barclays could reportedly cut around 2,000 jobs in push to reduce costs by £1bn

Barclays may cut around 2,000 jobs as part of a £1 billion cost-cutting plan. Bank managers seek to increase profitability by reviewing proposals,...

UK government publishes findings from the Future of Payments Review

The Future of Payments Review calls for a national payments vision and strategy in the UK. Authored by Joe Garner, the report identifies...

Irish paytech NomuPay acquires UK-based PSP Total Processing

NomuPay's Acquisition:Irish unified payments platform NomuPay has acquired UK-based payment services provider Total Processing. NomuPay now "holds, directly or indirectly, 75% or...

FCA greenlights Klarna for payment and credit services in the UK

The Financial Conduct Authority (FCA) authorizes Klarna to regulate payment and credit services in the UK. The authorization covers Klarna's credit products (Term...

UK’s Kodelab to provide lending tech for HKMA CBDC pilot with Ripple and Fubon Bank

Ripple and Taiwan’s Fubon Bank choose UK consultancy Kodelab for CBDC pilot with HKMA Pilot aims to integrate simulated CBDC and tokenized real...

UK fintech Triver secures £20m debt facility from Avellinia Capital

London-based fintech start-up Triver secures £20 million debt facility with Avellinia Capital. Triver plans to offer over £200 million in funding annually to...