Tag: UK

Invest tech, Trading

UK, Thailand to improve trading

January 20, 2023

Via: ThePaypers

The UK Centre for Digital Trade and Innovation (C4DTI) and the Electronic Transaction Development Agency (ETDA) have partnered to improve trading between the UK and Thailand. As detailed in the press release, the partnership project is funded by the Foreign […]

Invest tech, RegTech

UK regulators fine TSB £48.6m over “operational resilience failings”

December 20, 2022

Via: FinTech Futures

The FCA states that following the update, while the data for the bank’s corporate and customer services was migrated successfully to the new IT platform, the platform “immediately experienced technical failures” leading to “significant disruption” in TSB’s banking services, including […]

Banking Tech, Digital Lending and Credit

More Than Half of UK SMEs Believe Access to Finance Will Become Harder

October 27, 2022

Via: The Fintech Times

The credit environment will be challenging for the foreseeable. Over the next three years, almost half (46 per cent) of SMEs believe accessing credit/finance/borrowing will get more difficult. This level of perceived difficulty rises to 64 per cent for those […]

Paytech, Wholesale

Lloyds Bank partners Billhop for B2B payments

October 21, 2022

Via: FinTech Futures

Billhop says that the partnership will enable Lloyds Bank’s clients to “overcome common card-payment barriers stemming from low card acceptance rates on the supplier side”. Businesses will be able to pay all invoices using the bank’s Commercial Card, including invoices […]