EU banking watchdog says no-deal Brexit could disrupt payments
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LONDON (Reuters) - Although the main banks have stepped up preparations for a potential no-deal Brexit, UK-based payment firms used by European Union customers are not ready, the bloc's banking watchdog said on Friday.Britain's parliament is deadlocked over a divorce settlement that Prime Minister Theresa May has negotiated with the EU before the country's planned departure from the EU next March.The impasse has increased the possibility of Britain crashing out of the bloc with no transition..