Showing results for 'FCA' in Articles
183 Articles | 43 Magazines | 0 Research | 0 Whitepapers

Credit where credit is due…BNPL is a hit

05 Nov 24 @ 17:34

A lot has been happening in the realm of Buy Now Pay Later (BNPL) and depending who you ask, latest developments are either sure fire affirmation or total disaster. Those... read more

UK introduce new BNPL regulations to protect shoppers

18 Oct 24 @ 09:03

On the same day that Apple and Klarna inked a deal to integrate BNPL, the UK government has announced new regulations aimed at protecting millions of Buy-Now, Pay-Later (BNPL) users,... read more

Bank of Canada walks away from digital Loonie CBDC

24 Sep 24 @ 17:01

After several years of exploring the potential for a digital Canadian dollar, the Bank of Canada has announced it is shelving its plans for a retail central bank digital currency... read more

UK regulator confirms full completion of Open Banking Roadmap

10 Sep 24 @ 10:28

Open Banking Limited (OBL) has announced that the Competition and Markets Authority (CMA) has officially confirmed the full completion of the final Roadmap for Open Banking. This milestone, building on... read more

Finance and technology heavyweights join coalition to fight economic crime

02 Sep 24 @ 09:04

Some of the world’s leading finance and tech firms have come together to form a new industry coalition in the UK to fight economic crime through digital verification, the Centre... read more

In an instant world, banks need to manage ForEx better

19 Aug 24 @ 13:34

As instant payments proliferate world-wide, a new white paper from global payment technology experts RS2 cautions banks to get smarter about optimising their foreign exchange (ForEx) strategies. Data from Capital... read more

UK financial sector faces regulatory push over APP fraud rules

19 Aug 24 @ 13:18

Rachel Reeves, the UK Chancellor, is urging regulators to demonstrate how they are promoting the City’s competitiveness while safeguarding consumers. Reeves’ call comes as the Treasury raises concerns about a... read more

The Bank of England’s strategy for innovation in payments

31 Jul 24 @ 11:32

As the global financial landscape evolves, the Bank of England (BoE) has released a discussion paper outlining its approach to innovation in money and payments. This comprehensive strategy emphasizes the... read more

57% of businesses expect to never be fully cashless

30 Apr 24 @ 18:08

Cash is here to stay, with nearly 6-in-10 businesses (57%) expecting to never be entirely cashless despite the widespread adoption of electronic, card and mobile payments. According to The Cash... read more

The smart ecosystem: Smart and smarter wallets

15 Apr 24 @ 17:03

Jamie Smith, commenting on Vitalik Buterin’s “proof of personhood” discussions (which serve to highlight the central importance of digital identity in the new economy), notes that innovation is “so often... read more

Persistent challenges: the hindrance of legacy systems in reconciliation

10 Apr 24 @ 16:08

In the past manual reconciliation processes have sufficed but placing heavy reliance on such can lead to inefficiency. Currently, 84% of UK and US payment firms rely heavily on manual... read more

American Express launch BNPL service Plan It

27 Feb 24 @ 16:11

American Express is set to launch a BNPL product dubbed ‘Plan It’ for the UK market. Plan It, as per other BNPL products, allows credit cardholders to pay off purchases, or... read more

Half of UK adults use BNPL – government delays plan to regulate

07 Feb 24 @ 18:28

An increasing number of UK consumers are using buy now pay later (BNPL) services despite the government being unlikely to introduce planned regulation to the sector. Such legislation would give... read more

UK businesses able to measure effectiveness of Open Banking

01 Feb 24 @ 18:21

Open Banking could save businesses time and money, while streamlining your operations – on average it can save 150 hours of operational time each year. That’s according to new Payit... read more

Robinhood trading app launches in UK

30 Nov 23 @ 14:41

Robinhood, the online investments app, has announced it ready to attempt a second launch of its platform in the UK. The company is taking on waiting list clients and will... read more

UK makes ruling on stablecoins for the “real economy”

07 Nov 23 @ 10:00

The Bank of England (BoE) and Financial Conduct Authority (FCA) have set out proposals that aims to bring stablecoins as a payment option for goods and services in the real... read more

The burgeoning growth of chargebacks

16 Oct 23 @ 17:17

Around the world we’ve experienced rapidly changing dynamics over the last few years. There’s been large-scale transformation to the workforce and global supply chains, along with the emergence of new... read more

Class-action lawsuit accuses PayPal of anticompetitive pricing

06 Oct 23 @ 11:49

Consumers have filed a class-action lawsuit against Venmo and PayPal, alleging it enacts illegally anticompetitive policies through its anti-steering rules that ultimately lead to millions of consumers paying excess charges annually,... read more

Revolut faces further regulatory scrutiny in UK

02 Oct 23 @ 15:53

Its never a good look for a company hoping to be granted a UK banking licence to be hauled up by two of the most prominent regulatory bodies for separate... read more

Identify yourself – why Self-Sovereign ID (SSI) is the future of verification

26 Sep 23 @ 15:35

While corporations and governments tout the advantages of digital ID to simplify access to digital services, consumer concerns about privacy and control of data are surging. Self-sovereign ID (SSI) –... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more

RBC and BMO weigh sale of Moneris as banks retreat from merchant acquiring

06 May 26 @ 16:43

Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a... more