UK Payments Firms' Legacy Products Soon Subject To Consumer Duty
The UK financial services watchdog is urging firms to ensure that their legacy products comply …
Swedish Banks Set Out Improvements Needed To Combat Fraud
Sweden needs tougher measures in place to combat rising fraud, including enhanced transaction monitoring and …
UK MPs Concerned Over 'Mass Surveillance' In DPDI Bill
A bill that forms parts of the UK’s open banking plans could promote “mass surveillance” …
FCA 'Name And Shame' Plans Concern UK Financial Sector
Plans by the UK financial regulator to “name and shame” companies under investigation could cause …
UK's Open Banking Consultation Offers Path Out Of Regulatory Quagmire
The UK’s progress on open banking has been hampered by endless consultations and a lack …
Nium Notches Up Licences In Over 40 Countries, As APAC Revenue Doubles
Cross-border payments firm Nium is seeing rapid growth in Asia-Pacific, a trend that its regional …
UK PSR Sets Out Tough Approach To Non-Compliance
The UK Payment Systems Regulator (PSR) has proposed setting a “high bar” for granting extensions …
EU Fraud Plans Don't Go Far Enough, EBA Says
The European Banking Authority (EBA) has set out a variety of recommendations for EU legislators …
Open Banking Limited Consults On New UK Standard
UK standard-setter Open Banking Limited (OBL) has opened a consultation on a forthcoming update to the …