Dr Ozan Özerk established banking-as-a-service provider OpenPayd in 2018 following a diverse career that included co-founding Biip.no, working as a doctor, and operating e-commerce businesses. He explains there was no
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A major financial advisory firm has warned that ongoing tensions with Iran could significantly disrupt the United Kingdoms economic trajectory, potentially halting future growth. The outlook for this year remains
Chancellor John Healey has renewed warnings directed at supermarkets regarding profiteering, a move necessitated by tightening constraints on public finances and broader economic challenges facing the nation. The Treasury intends
Microsoft has confirmed significant price increases for its Xbox consoles across Europe and the United Kingdom, following earlier announcements regarding US pricing. The adjustments affect both current models and specific
The Financial Conduct Authority believes actual trading values in London are significantly greater than official figures suggest, with dark trading accounting for a substantial portion of market activity. This phenomenon
The Bank of England has announced that it will no longer accept bonds linked to thermal coal operations as collateral for loans provided to commercial banks. This new restriction is
Gold prices retreated following a post-Federal Reserve rally, with the Comex continuous contract falling by 1.6% to settle at $4,037.86 an ounce in New York late on Friday morning. The
In a decision that appeared to crystallise a period of tentative calm rather than a lasting monolithic shift, the Bank of England elected to hold the bank rate at 3.75
Prime Minister Andy Burnham has signalled a significant recalibration of Britain’s approach to North Sea oil and gas, arguing that the country cannot ignore its indigenous fossil fuel resources even
A quiet crisis is gathering pace on the margins of everyday life in Britain. It comes not from a sudden political scandal or a dramatic financial collapse, but from the
Rent fintech firm Flex has formally applied with the Federal Deposit Insurance Corp and the Utah Department of Financial Institutions for an industrial loan company charter to become a regulated
CFO Zach Wasserman stated that strong organic fee revenue is enabling Huntington Bancshares to counteract slightly lower than expected net interest income as regional lenders face increasing pressure on their
Spur Intelligence, a cybersecurity company based in Lake Mary, Florida, has successfully raised two hundred million dollars from Insight Partners for its latest funding round. The venture was led by
The narrowbody jets that carry the vast majority of the world’s short- and medium-haul traffic are approaching a conundrum that sits at the heart of aviation strategy. The Airbus A320
The summer weekend that ought to have showcased Gatwick Airport’s efficiency and scale instead exposed the friction points that lie at the heart of modern critical infrastructure. On a busy
The disclosure that Frasers Group has built a 4.2 per cent stake in Burberry marks a notable moment in the evolving map of British luxury retail. Frasers, the equity vehicle