11 Jun 14 @ 09:30

The UK finance industry has launched a cyber security framework for sharing detailed threat intelligence, testing cyber security and benchmarking financial service providers. The CBEST framework was developed by the Council of Registered... read more

01 Apr 14 @ 11:38

In an awesome piece of news for banking tech vendors, bank IT systems are set to come under the regulatory microscope in 2013/2014 as the UK’s Financial Conduct Authority identifies technology... read more

30 Jan 14 @ 00:34

Although we have not yet seen the FCA issue a fine to an individual directly as a result of an incorrect attestation, a recent case from October 2013 demonstrated the... read more

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