The UK's Payment Systems Regulator is to investigate complaints from consumer body Which? over the levels of protection offered by banks to customers who are conned into sending payments to fraudulent accounts.
The UK's Financial Conduct Authority has accepted 24 applicants, from a total of 69, to participate in its fintech sandbox, where innovative financial products can be tested before proceeding to authorisation.
The report draws together the findings of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority's (PRA) review into the failure of HBOS, Andrew Green QC's review of the enforcement decisions taken by the regulator, the independent review of these two reports by the Treasury Committee's specialist advisers and oral evidence taken from the publishers of all three reports.
The UK and South Korea have formed a "fintech bridge" that will help financial technology firms and investors from each country gain access to the other.
Firms operating dark pools have made significant progress in addressing the promotion and the management of conflicts of interest according to a new report from the Financial Conduct Authority (FCA) published today.
Technology plays a fundamental and increasingly pivotal role in delivering innovative financial products and services. The FCA is committed to fostering innovation and technology—including RegTech—to promote effective competition in the interests of consumers.
The UK's Financial Conduct Authority (FCA) says there is "no fundamental reason" why FS firms cannot use public cloud services.
The Financial Conduct Authority (FCA) is seeking input on which areas should be considered as part of its upcoming review of the rules surrounding both investment-based and loan-based crowdfunding.
The Monetary Authority of Singapore and Australia's Securities and Investment Commission have signed a reciprocal agreement to help speed the licensing process for fintech startups looking to enter each territory.
The UK and Singapore have formed a "fintech bridge" that will help financial technology firms and investors from each country gain access to the other.
© Finextra Research 2016