BankingUK Finance starts with RLN experimentation phaseApril 16, 202441Financial services provider UK Finance has announced its plans to work on an additional UK Regulated Liability Network (RLN) experimentation...
BankingKlarna to introduce Open Banking settlements in the UKMarch 14, 202471AI-enabled payments network and shopping assistant Klarna has announced the launch of an Open Banking-powered settlement in the UK. As per...
BankingThe UK government to publish National Payments VisionMarch 12, 202466The UK government has announced its initiative to publish a National Payments Vision, in order to accelerate the development of...
MoneyUK Man Got Rs 1.24 Crore In Bank Account, Told Money Was His. But Then…October 11, 202330Urslaan Khan promptly returned the money to the bank.Urslaan Khan, a 41-year-old resident of Poplar, east London, was surprised...
CurrenciesRevolut attracts FCA scrutiny over red-flagged accountsOctober 2, 202337Revolut has attracted scrutiny from the UK’s Financial Conduct Authority over red-flag accounts that were restricted by the National Crime...
EconomyHow the U.S. built a junk fee economyApril 25, 2023218Americans are collectively spending nearly $65 billion on sneaky fees, according to the White House."Sometimes they're called convenience fees. Sometimes...