Tag: regulation
Pannovate partners with Salt Edge to deliver instant PSD2 compliance
Digital banking technology specialist Pannovate has united with Salt Edge to offer open banking and secure customer authentication. The partnership comes as companies launch...
PSR regulatory timetables impacted by COVID-19
The Payment Systems Regulator (PSR) has revealed its annual plan and budget, underlining key aims and activities for the year 2020/21 alongside expected costs,...
Betway agrees to pay £11.6m over VIP customer failings
Following an investigation by the UK Gambling Commission, online operator Betway has agreed to pay £11.6m, alongside implementing a host of measures, for a...
Licensing expert David Clifton on the wider ramifications of the UK’s...
In a week that saw the UK's gambling industry come to terms with a myriad of regulatory changes, we spoke to licensing expert David...
Peter Murray, Alexem Services: Evolving KYC with new technologies
The industry is still clinging on to a KYC process that was implemented over a decade ago, explains Peter Murray of Alexem Services when...
PwC strengthens financial crime operations with Fenergo alliance
Professional services firm PwC has partnered with digital Client Lifecycle Management (CLM) solution provider Fenergo in a bid to ‘do KYC differently.’
PwC will ‘refresh...
Gambling Commission updates codes of practice focusing on user risks
The UK Gambling Commission (UKGC) has announced new additions to its licence conditions and codes of practice (LCCP) centered largely around customer affordability and...
MPs demand more accountability for UK banking failures
The UK Treasury Committee has published a new report investigating the “unacceptable” IT failures in the country’s financial services sector.
Described as “unanimously-agreed,” the report...
New York State Department of Financial Services joins GFIN
The New York State Department of Financial Services (DFS) has formally become a member of the Global Financial Innovation Network (GFIN).
Announced by the Superintendent...
Tullett Prebon fined £15.4m by FCA for conduct failures
UK regulatory body the Financial Conduct Authority (FCA) has issued a £15.4m fine to Tullett Prebon, now part of TP ICAP.
The FCA stated that...
