January 31, 2020, 23:00 GMT, the world was still welcoming the new year, and everyone was busy working on their resolutions, while the U.K., on the other hand, had other plans to accomplish— to finally cut ties with the E.U. Brexit was born back in 2016 by the Government of the U.K. Article 50 of the law that binds...
The British pound sterling has been around since the eighth century and is the oldest currency still in use around the world today. The reason for this is mostly due to the explosive growth of Britain in earlier centuries. That growth in power bolstered the value of the pound throughout the centuries. Because of that, there has been a culture...
With Brexit no closer to a resolution, financial technology businesses are taking matters into their own hands to prepare for its impact on cross-border trade. With all the uncertainties surrounding the U.S. and Britain, Veem and Tipalti are the most recent fintechs to look for new ways to entice people to trade with China. Recently, Veem, which is a mobile...
With the looming possibility of the United Kingdom crashing out of the European Union (EU), UK-based firms must protect their abilities to continue to sell their services to customers in the remaining EU countries. To do so, business must notify the Financial Conduct Authority (FCA) that they plan to seek full regulatory authorization. This moves allows new and existing regulated...
