Revolut (Finally) Gets A UK Banking Licence… With Restrictions
The UK’s Prudential Regulation Authority has granted Revolut a banking licence with restrictions, marking a …
Delays In Withdrawing Funds Called Top UK Regulatory Complaint
Delays in withdrawing funds are the top customer complaint reported to the UK’s Gambling Commission, …
One Third Of UK Adults Have Embraced Mobile Contactless Payments
In a significant shift in consumer payment behaviour, one third of UK adults now use …
UK Regulator Defends Problem Gambling Stats Feared By Industry
A Gambling Commission official has firmly defended its upcoming release of statistics from the Gambling …
UK Big Tech Review Could Drive Account-To-Account Payments Adoption
The UK’s Payment Systems Regulator and the Financial Conduct Authority are evaluating the benefits and …
Cash App UK Shuts Down As US Enforcement Action Looms
Cash App is set to close in the UK after six years in business, as …
Top CEOs Warn Harsh Regulations Bolster European Black Market
The CEOs of Flutter, bet365, Entain and others have written an open letter claiming European …
UK Regulator Publishes Draft Guidance On APP Scams And Civil Disputes
The Payment Systems Regulator has issued draft guidance intended to help payment service providers differentiate …
UK Regulator Demands Better Treatment For Politically Exposed Persons
The Financial Conduct Authority has called on financial institutions, including payment firms, to ensure that …