After a whirlwind decade that has seen more than 1000 startups launched and go on to raise over £11 billion between them, the UK fintech
The FCA has published draft guidance on a new power that allows it to move faster to remove regulatory permissions that are no longer being used by financial services firms. Incorrect or outdated permissions on the Financial Services (FS) Register can mislead consumers about the
The FCA is proposing changes to its decision-making process which will enable it to make faster and more effective decisions. This will help the FCA improve
A £10 billion ($14 billion) class action against Mastercard for unfair interchange fees, in which the claimants say 46 million British adults could be eligible
More than half of financial institutions have deployed AI and machine learning (ML) techniques to counter money-laundering attempts by cyber criminals, according to new research.
Penalties imposed on global finance companies for breaching anti-money laundering rules almost halved in the first six months of 2021 as compared to the same
Cash payments over €10,000 for transactions such as car purchases, home improvements or funeral bills will be banned under EU rules expected to come into force
India’s decision to ban Mastercard for non-compliance with data storage rules has unsettled the country’s financial sector as it will disrupt banks’ card offerings and hit revenues, payments