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FCA stories

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Financial firms struggle to scale AI despite strong returns

Last week
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Financial firms see strong AI returns but Riverbed survey shows most projects stall in pilots, held back by data quality and tool sprawl.
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Poor data drives FCA AML fines totalling GBP £430m

Last month
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Poor-quality customer data has driven more than two-thirds of FCA AML fines since 2020, analysis finds, with penalties topping GBP £430m.
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UK businesses brace for 2026 fiscal strain & AI oversight

Last month
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Business leaders are being urged to invest in financial insight as they navigate tighter oversight of artificial intelligence in financial services.
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UK insurers revisit pricing as FCA reforms bite back

Last month
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UK insurers reshape pricing and products as FCA reforms spur fresh gaps between new and renewal premiums and add complexity for consumers.
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Griffin processes GBP £3 billion as revenue surges

Last month
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UK bank Griffin posts fivefold revenue surge as it processes GBP £3 billion in payments and signs more than 50 platform customers.
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REGnosys flags 2026 regtech surge as London faces rivals

Last month
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REGnosys warns of a fresh 2026 regtech wave as global rule rewrites loom and London fights to defend its fintech edge from rising rivals.
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Fraud expert warns FCA Firm Checker will not stop scams

Last month
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A leading fraud expert says the FCA’s new Firm Checker will boost transparency but leave sophisticated social engineering scams largely untouched.
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Ecommpay shortlisted for four awards at FStech 2025

Last month
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Ecommpay has been shortlisted for four FStech 2025 awards, underlining its role in driving innovation, security and inclusion in payments.
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Aviva expands TCS deal to run more UK life policies

Fri, 19th Dec 2025
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Aviva extends its tech pact with TCS, shifting another 1.1m UK life policies onto the BaNCS platform to streamline service and costs.
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Ecommpay gains full DAC approval for accessible site

Fri, 12th Dec 2025
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Ecommpay secures full Digital Accessibility Centre approval as its redesigned website and product pages meet WCAG 2.2 AA standards.
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Ecommpay wins Best Alternative Payment Provider award

Fri, 21st Nov 2025
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Ecommpay has won Best Alternative Payment Provider at the Payments Awards, praised for offering 100+ payment methods across Europe and Asia.
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Young landlords turn to TikTok for advice amid regulatory risks

Thu, 20th Nov 2025
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Millennials and Gen Z now make up 60% of new landlords in England and Wales, turning to TikTok for advice despite risks of unregulated guidance.
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eflow Global unveils PATH AI to tackle USD $1.8bn in fines

Wed, 19th Nov 2025
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eflow Global launches PATH AI, enhancing trade surveillance with transparent, auditable alerts amid USD $1.8bn market abuse fines globally this year.
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Why cyber risk transparency matters in the insurance landscape

Wed, 19th Nov 2025
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Cyber insurance now demands transparency and collaboration, with firms needing to prove measurable risk reduction amid rising supply chain cyber threats.
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Kani Payments appoints Andrew Wingfield to lead safeguarding push

Tue, 18th Nov 2025
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Kani Payments appoints Andrew Wingfield as Head of Strategic Solutions to enhance safeguarding features ahead of FCA's 2026 regulatory changes.
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UK fintechs boost AI adoption as confidence in economy wanes

Mon, 17th Nov 2025
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UK fintech founders embrace AI, with 83% adopting it, despite 81% losing confidence in the economy and nearly half considering relocating abroad due to tax concerns.
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UK conveyancing faces tougher AML checks as SARs highlight risks

Mon, 17th Nov 2025
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UK conveyancing faces tougher anti-money laundering checks as 73% of law firms' suspicious activity reports link to property transactions.
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Adclear raises GBP £2.1 million to boost AI-powered compliance

Mon, 17th Nov 2025
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Adclear secures GBP £2.1 million to expand its AI-powered platform that automates compliance for major UK financial institutions' marketing content.
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Outdated IT & regulation slow UK banks’ drive for AI adoption

Fri, 14th Nov 2025
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UK banks face slow AI adoption due to outdated IT, data challenges, and regulatory uncertainty despite optimism about AI's future impact on finance.
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Instagram posts fuel surge in money mule recruitment schemes

Thu, 13th Nov 2025
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Nearly 24% of Instagram posts tagged as ‘quick-money’ offers are linked to money mule recruitment, posing major challenges for law enforcement and platforms.