Posts Tagged ‘FCA’
JROC sets out recommendations for next phase of UK Open Banking
The Committee has published a roadmap and framework to ensure Open Banking becomes “a UK success story”.
Read MoreCardstream Group releases white label PayFac-as-a-Service
The PayFac space is a “rapidly growing billion-dollar marketplace”, according to Cardstream chief executive officer Adam Sharpe.
Read MoreUS fintech Payoneer secures UK e-money license from FCA
The payment platform has plans to expand its footprint in the UK.
Read MoreUK government and regulators need to take ‘decisive action’ after release of SWG’s final report
The publication of the Open Banking SWG’s report to JROC also revealed need for industry to work together to “unlock” potential of VRPs.
Read MoreUK government opens consultation on proposed BNPL regulation
Stakeholders are being invited to respond to the eight-week consultation, which is proposing the creation of a temporary permissions regime.
Read MoreUK’s financial regulator appoints fintech experts to new advisory group
The Innovation Advisory Group, which convenes for the first time this month, will bring issues impacting fintech and regtech sectors to FCA’s attention.
Read MoreTrustly closes acquisition of Ecospend
The deal gives Trustly a foothold in the UK, which is the “largest digital payments market in Europe”, according to Ecospend’s CCO.
Read MoreFCA: Some UK firms ‘behind’ in plans to comply with Consumer Duty
The scale of the reform requires “significant changes” from some financial services firms, ahead of the 31 July implementation deadline.
Read MoreCustomers’ expectations of lenders have ‘never been higher’
Delivering a customer experience that is “better than the established brands” and is “friction free” will help lenders succeed, according to panellists from Experian, Allica Bank, Funding Xchange and Starling Bank, during an Open Banking Expo live debate on the future of lending.
Read MoreJROC to deliver vision for UK Open Banking in Q1 2023
TrueLayer’s Jack Wilson said “the waiting continues”, as an update from HM Treasury, the CMA, PSR and FCA revealed the Strategic Working Group’s final report has been delayed until January.
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