24 Aug 21 @ 09:03

There are now some 479 electronic money institutions (EMIs) across the European Union and a further 235 in the UK. EMIs store cash for their customers in a digital format... read more

02 Aug 21 @ 18:37

Its safe to say Monzo is not having a good couple of weeks. On 30th July the company issued a PR which saw £114.8 million in pre-tax losses* last year... read more

30 Jun 21 @ 16:28

Regulatory bodies across the globe that are mandated to protect the financial services industry and consumers have started to exert continued pressure on cryptocurrency. The pressure started in May in... read more

09 Jun 21 @ 03:58

Dire predictions that the UK would collapse after its exit from the EU were as far-fetched as unfounded optimism that it would become Europe’s Singapore on leaving. To date, we’ve... read more

21 May 21 @ 09:34

The UK’s Financial Conduct Authority (FCA) have extended their deadline for implementing Strong Customer Authentication (SCA) for e-commerce transactions to 14th of March 2022. “This further six month extension is... read more

26 Feb 21 @ 13:08

Over the past decade, the UK has been quietly undergoing a FinTech revolution – in jobs, innovation, improvements to people’s lives and in increased opportunities in global trade. A look... read more

24 Feb 21 @ 17:55

Despite growing calls for regulation and some demographics turning their back on credit, Buy now, pay later (BNPL) schemes were the fastest-growing online payment method in the UK last year,... read more

23 Feb 21 @ 17:00

Throughout history, innovations in money have challenged and altered the structure of the financial system, but perhaps non more so than the concept of a digital euro. Time and time... read more

22 Feb 21 @ 15:19

Almost all countries increased regulation of the crypto finance industry in 2020. The COVID-19 pandemic provoked a significant boost of digital crimes, including money laundering, terrorist financing, online black marketing... read more

18 Feb 21 @ 11:27

As has been widely reported, contactless card payments are now the method of choice for the vast majority of consumers in developed markets. However, new research from Swedish biometrics firm... read more

18 Feb 21 @ 10:20

A new report says that major safety gaps in the online banking security systems of some of the UK’s biggest banks have been exposed by a new investigation by consumer... read more

18 Feb 21 @ 09:47

Revolut has applied to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), the UK regulators, for a full banking license to fuel expansion beyond its FinTech roots.... read more

03 Feb 21 @ 16:59

The UK’s Financial Conduct Authority has said that “buy now, pay later” credit deals offered by online retailers pose a “significant potential for consumer harm” and require regulation “as a... read more

14 Jan 21 @ 09:35

After a sensation 2020 and a manic January 2021, regulators have finally had enough and are sharpening their focus on bitcoin and its use in the international financial system. It... read more

11 Jan 21 @ 17:34

Revolut has applied to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), the UK regulators, for a full banking license to fuel expansion beyond its FinTech roots.... read more

07 Jan 21 @ 18:21

A new report says that major safety gaps in the online banking security systems of some of the UK’s biggest banks have been exposed by a new investigation by consumer... read more

05 Jan 21 @ 17:53

Brexit is done, and its done with a trade deal. We look at what this means for payments in the short to medium term, from passporting rights to staffing, interchange... read more

19 Oct 20 @ 03:46

We’re now less than 90 days away from Brexit without much sign of a comprehensive trade deal. We look at what this means for payments in the short to medium... read more

16 Oct 20 @ 09:13

Following the dramatic decline in cash usage and the consequential reduction in ATM estates, the UK Government is backing an initiative to allow people to access cashback in shops without... read more

11 Sep 20 @ 12:08

For those less familiar, the Electronic Identification, Authentication and Trust Services, or the eIDAS system as it is more commonly known, came into effect on 1st July 2016, with Regulation (EU) 910/2014 on electronic identification... read more