U.K.

A fight between U.K. retailers and credit-card companies that has lasted five years and spawned wildly different court rulings reached a London appeals court Monday that could determine the fates of lawsuits potentially worth billions.

Paysafe is buying iPayment Holdings, a processor with a similar focus in the U.S.

A Cambridge professor has found how an 1816 legal ruling can be used to trace stolen bitcoins, thus potentially making it easier for governments to legislate bitcoin exchanges.

U.K.-based companies WorldRemit and Lebara have formed a strategic partnership that will give Lebara’s 3 million mobile telecom customers direct access to WorldRemit’s digital money transfer service.

British banks that deal with the Russian oligarchs and companies on a new American sanctions list will face "consequences," according to a senior U.S. Treasury official.

It's no surprise that London topped the chart of "Cashless Capitals" in a recent study, considering its status as a major fintech hub of the U.K. But this wasn't enough to make it the country's contactless capital.

Checkout.com has used alternative fees and a high-touch approach to build a market for its online payments toolkit in Europe. Now it's come to the U.S., where the likes of Stripe and Braintree already own a sizable chunk of the market.

So far, U.K. fintechs' options range from relocating to other countries to finding ways to offset negative effects by attempting to “Brexit-proof” their businesses. The latter option can still be a substantial undertaking.

The U.K. government has committed to a 5G Urban Connected Communities Project for a city-wide trial of 5G wireless technology as part of the fourth phase of the government’s 5G strategy. This trial should spark substantial investment in new payments technology.

The one thing more valuable to consumers than their bank accounts might be their internet access — and a new version of the ‘Trickbot’ trojan targets both.

Slowly and silently, 10,000 free-to-use ATMs are set to disappear from Britain’s high streets over the next four years — despite recent findings that at least 3 million people across the U.K. rely on cash for almost all of their day-to-day payments.

Bank of America pays female staff in Britain 28.7% less on average than male employees, according to a report released Tuesday.

Morgan Stanley also reported a wide disparity in gender pay, reflecting the greater proportion of men in top executive posts.

Digital money transfer provider SimbaPay has added an artificial-intelligence-powered chatbot that will enable banks and other companies to offer international money transfer to customers across Africa and Europe through text messaging.

The ClearSpend app will allow businesses to see real-time updates and make changes to company card accounts instantly.

For the U.S., being late to the real-time payments game has some tactical advantages, namely the ability to learn from other countries' successes and failures.

A partnership between SumUp and iZettle to provide mobile card readers will help the Church of England offer contactless, virtual terminal and mobile payments to its congregations.

Doubling down on its surprise pivot to blockchain technology, the former parent company of Long Island Iced Tea—now Long Blockchain Corp.—is buying a U.K. tech firm specializing in distributed ledger technology and cryptocurrency.

Coinbase Inc., one of the largest cryptocurrency exchanges, said it obtained an e-money license in the U.K. as it expands services in Europe. A local subsidiary also opened an account at Barclays Plc, easing deposits and withdrawal for clients.

TransferWise, which recently added a consumer-targeted account to its business-to-business services, has selected Wirecard to issue a cross-border debit card for consumers.