Tag: Financial Conduct Authorit (FCA)
Nikhil Rathi, FCA: “We may have to brace ourselves for Techlash”
The Chief Executive of the Financial Conduct Authority (FCA), Nikhil Rathi, weighed up the pros and cons of ‘full fat’ and ‘semi-skimmed’ approaches to...
Three money wiring firms fined by the FCA over competition breaches...
Three remittances firms have been fined by the Financial Conduct Authority (FCA) over unfair competition practices.
The companies named are Dollar East Ltd., Hafiz Bros...
PAYSTRAX officially enters UK fintech market
After achieving official certification from the Financial Conduct Authority (FCA), Lithuanian fintech firm PAYSTRAX has now officially launched in the UK.
Founded in Vilnius in...
Digesting the Digits – BoE keeps November interest rates at 5.25%
Number crunching is a key component of the payment industry, with digits scattered across the sector’s key stories.
Each week, Payment Expert digests these digits...
FCA Chair Alder emphasises proportional regulation and tech innovation plans
Ashley Alder, Chair of the Financial Conduct Authority (FCA), recently delivered a speech at the Investment Association’s Annual Dinner, in which he emphasised the...
Revolut in talks with the FCA over alleged funds leak from...
Still pending approval for its UK banking licence, Revolut has entered talks with the Financial Conduct Authority (FCA) over the alleged oversight of funds...
FCA extends cryptoasset registration after ‘unprecedented withdrawals’
The Financial Conduct Authority (FCA) has announced that the temporary registration regime for cryptoasset providers has been extended to 31 March 2020 from the...
Klarna valued at $31 billion after successful fund drive
Swedish ‘buy now, pay later’ (BNPL) firm Klarna has been valued at $31 billion after a $1 billion capital injection following a highly successful...
