Posts Tagged ‘Financial Conduct Authority’
UK challenger Alba Bank appoints chief risk officer and chair as it readies for launch
Andrew Lewis joins as chief risk officer from Aldermore Bank and has previously worked at NatWest, while current Metro Bank chair Robert Sharpe will chair the board.
Read MorePerenna secures UK bank licence to bring ‘structural change’ to mortgage market
Perenna has been issued with an unrestricted bank licence by the Prudential Regulation Authority and the Financial Conduct Authority.
Read MoreClear Junction gains a foothold in digital assets with Altalix acquisition
UK fintech Altalix will remain a separate company and will be rebranded to Clear Junction Digital.
Read MoreLemFi raises $33m in Series A round to expand product offering
The fintech will use the proceeds from Left Lane Capital, and other investors, to serve more immigrant communities in the US, Europe, the Middle East and Asia.
Read MoreInnovate Finance proposes new ‘regtech test’
It is one of the suggestions put forward by the industry body to HM Treasury’s call for proposals on how UK financial regulators’ new competitiveness objectives can be benchmarked.
Read MoreFCA to launch permanent Digital Sandbox in August
Earlier this year, NayaOne was awarded the FCA’s tender to build the permanent Digital Sandbox, which will also open to data providers.
Read MoreJROC issues principles to establish ‘competitive and fair’ pricing for premium APIs
The prices that banks and other payment providers agree to charge third party providers for ‘premium’ Open Banking services should incentivise investment and innovation, JROC stated.
Read MoreInsight: Ensuring good outcomes for vulnerable customers
The Lending Standards Board’s Elizabeth Thompson gives practical guidance to banks and lenders on supporting vulnerable customers.
Read MoreJROC launches VRP and future entity working groups
The Joint Regulatory Oversight Committee has set up “dedicated workstreams” to kickstart work on the six key themes outlined in its recommendations for UK Open Banking.
Read MorePayFuture secures EMI licence from UK regulator
PayFuture’s proprietary system enables businesses to accept and disburse payments in underbanked emerging markets.
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