FCA stories
UK banks face slow AI adoption due to outdated IT, data challenges, and regulatory uncertainty despite optimism about AI's future impact on finance.
UK payment industry urges careful regulation review to avoid oversimplifying FCA and PSR roles, ensuring consumer protection and innovation thrive.
TISA urges the FCA to revise its targeted support rules, seeking clearer, more flexible guidelines to ease burdens on firms and prevent consumer confusion.
TISA supports HM Treasury and OFSI's reforms to create a fairer, more consistent sanctions enforcement system, encouraging early settlements and transparency.
The Investing and Saving Alliance supports SMCR reforms designed to ease regulatory burdens and enhance conduct standards in UK financial services.
TISA calls for transparency and proper consultation in FCA's proposed reforms to the Financial Ombudsman Service, warning of risks from unchecked regulatory powers.
Credas has launched its Compliance Wallet to reduce duplication and speed up property sector compliance checks with 15 million wallets available at launch.
Ecommpay is shortlisted in two categories at the UK eCommerce Awards for innovation in its fraud-fighting Graph Analysis tool and Hosted Payment Page solution.
TISA warns current rules limit Targeted Support reach to just a quarter of consumers, urging legal changes to help more vulnerable customers effectively.
The FCA's review highlights progress and challenges in UK pension transfers, urging balance between speed, efficiency and consumer protection from scams.
UK finance staff widely use AI tools but worry about inadequate training, data security, and lack of regulatory oversight in their organisations.
Ecommpay has won the Best Consumer Payments System at the PayTech Awards for its innovative payout solution enhancing secure payments to cards and wallets.
UK firms relying on outdated legacy systems risk security breaches, inefficiencies, and missed growth, warns Essenkay amid rising cyber threats and economic pressures.
NTT DATA launches a digital claims platform to help UK banks and auto lenders manage redress claims amid growing scrutiny over motor finance deals.
Webull UK partners with Upvest to offer UK stocks and ETFs trading from GBP £1 via fractional shares, expanding local market access for investors.
TISA urges the FCA to simplify consumer disclosures for investments, calling current rules confusing and advocating clearer, unified information.
TransferGo teams up with Griffin to launch multi-currency business accounts in the UK, offering GBP wallets, savings, and same-day transfers for firms.
Nearly 24% of Instagram posts tagged as 'quick-money' offers are linked to money mule recruitment, posing major challenges for law enforcement and platforms.
Chris Lowe joins Yaspa as full-time CFO to lead financial strategy during expansion into new markets and sectors across Europe.
Ecommpay has launched a free Accessibility Pack to help eCommerce merchants improve website accessibility and boost inclusivity in online shopping.
