29 Jan 14 @ 16:30
The Financial Conduct Authority (FCA) has shown that it will adopt a more robust approach to regulating Financial Services firms. Last year saw the FCA hand out a total of £472,262,738 worth of fines, a significant increase to the £311,569,256 handed by its predecessor the Financial Services Authority (FSA) in 2012.
20 Jan 14 @ 11:48
The Financial Conduct Authority (FCA) has shown that it will adopt a more robust approach to regulating Financial Services firms. Last year saw the FCA hand out a total of... read more
18 Dec 13 @ 10:04
RBK Money, an online payments provider in Russia, has been granted the status of an Authorized Payment Institution by Financial Conduct Authority (FCA) in the UK for the provision of... read more
07 Nov 13 @ 16:13
First Data Merchant Solutions, First Data’s direct-to-market payment acceptance business, today announced that it has become a UK Payment Institution after successfully achieving independent membership of the UK Financial Conduct... read more
26 Sep 13 @ 09:18
In an aggressive move, in the increasingly noisy mobile POS market, SumUp, has announced a significant reduction of its transaction fee. In the UK, SumUp will cut its fee to... read more
20 Sep 13 @ 12:46
As the number of mobile transactions made worldwide gathers increasing pace, the analysis and harmonisation of mobile payment standards by regulators should take precedence, said Phil Davies, managing director of... read more
29 Jul 13 @ 05:39
Card-not-present fraud levels are rising in many regions despite intense efforts to combat this pernicious threat. What is the industry doing to counter it? by Victoria Conroy It is a... read more
11 Jun 26 @ 16:00
A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more
18 May 26 @ 17:07
The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more
31 May 26 @ 12:59
The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more