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With Brexit on the horizon, the volatility of the U.K. financial market has created an increased demand for more flexible financing among small and medium-sized enterprises. But a decade on from the 2008 financial crisis, the loans available for SMEs are still restricted by regulations on the total amount of capital that banks must hold.
December 12 -
The Bank of England is upgrading the U.K.’s Real-Time Gross Settlement system. Separately, the U.K. payments authority is developing a New Payments Architecture that will upgrade Britain’s Faster Payments real-time retail system.
December 11 -
Credit card fraud is on the rise in the U.K. with more than $2 billion being stolen from credit and debit cards over the past twelve months, an increase of 38% on the previous year. But while large scale data breaches have been heavily blamed for this surge in crime, ex-fraudster Tony Sales says one of the most pertinent reasons is a persistent lack of understanding within the financial industry of how criminals operate.
December 10 -
A London stock market minnow is teaming up with a heavyweight soccer executive to use blockchain to tackle ticket scalpers.
December 6 -
U.K. consumer spending growth slowed in November as concerns about Brexit prompted households to become more cautious with their cash.
December 4 -
Japanese credit card brand JCB has signed several deals to expand its global acceptance online and at the point of sale.
December 3 -
Coca-Cola Co.’s ‘Share a Coke’ campaign saw the beverage maker turn to Experian to help it pick the most popular names among likely soda drinkers in Britain, and printed them where its iconic logo is usually placed.
December 3 -
The new CEO is trapped in the same feedback loop of negative news, rising funding costs and declining revenue that foiled his predecessor.
November 30 -
John Corbett has known the leaders of National Commerce since he helped launch CenterState in 1999. It’s a big reason CenterState is breaking from tradition to hire those executives once it buys the Alabama bank.
November 26 -
The Florida company will have more than $16 billion in assets, along with increased scale in Georgia, when it buys National Commerce.
November 26