Posts Tagged ‘Financial Conduct Authority’
NayaOne wins tender to operate FCA’s permanent digital sandbox
The FCA revealed it plans to expand the digital sandbox service to support “a broader range of innovators” later this year.
Read MoreFeature: Assessing the rise of BNPL in the UK as regulation looms
As the UK’s buy now, pay later sector continues to grow and readies for regulation, are concerns about consumer demand in a cost-of-living crisis justified, or is it experiencing growing pains?
Read MoreRailsr secures future with sale to consortium of investors
The embedded finance platform has been purchased and re-capitalised with backing from D Squared Capital, Moneta VC and Ventura Capital.
Read MoreZilch partners with Yapily to improve customers’ access to ‘responsible’ credit
By teaming up with Yapily, Zilch can maximise “the consumer benefits of Open Banking technology”, Philip Belamant said.
Read MoreKlarna to begin charging UK customers for late payments
UK head Alex Marsh said Klarna did not want to “monetise the misery of customers who fall behind” and has launched a ‘Customer Recovery Programme’.
Read MoreComplaints against BNPL to UK’s Financial Ombudsman on the rise
Exclusive figures obtained by Creditspring via a Freedom of Information Act request revealed 220 complaints against BNPL firms last year.
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 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 MoreTide plans to scale credit intermediation business as Funding Options deal completes
The acquisition means Tide members will be able to use Funding Options’ panel of more than 120 lender partners.
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.
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