Tag: UK

The UK’s Financial Conduct Authority (FCA) is seeking comments on the potential competition benefits and harms from Big Techs entering retail financial services sectors.

A reliance on outdated technology is undermining how UK organisations respond to ransomware, according to research from data management company Cohesity.

UK-based Ruleguard, which supplies regulatory compliance to financial institutions, has received a £3.5m investment from Foresight Group.

Eleven UK FinTechs have arrived in Australia on a special government trade mission to build connections with businesses and government in the country.

LexisNexis Risk Solutions will help Darlington Building Society onboard customers and bolster financial crime prevention and compliance screening.

With the UK’s FCA having released its final guidance on Consumer Duty proposals, firms have been given new requirements they must meet.  

Ireland has the highest fraud risk index in Europe with a rating of 7.44, according to research from payment processing information service Merchant Machine.

The FCA recently released its final guidance on Consumer Duty proposals, which enforces controls on firms to ensure they provide good outcomes for customers. Aveni recently outlined the five crucial areas firms need to improve to be Consumer Duty compliant.

More than one in ten people in the UK (12.1%) have been the victim of payments fraud in the last four years, according to new research from global payments company ACI Worldwide.

The UK’s Financial Conduct Authority (FCA) has confirmed plans for a new Consumer Duty, which it claims will improve how firms serve customers.