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Financial Conduct Authority stories

FDATA names Christine Day chair & Kat Cloud vice chair
Digital Transformation

FDATA names Christine Day chair & Kat Cloud vice chair

Policy debates over open banking and digital identity will be shaped by two seasoned fintech executives taking top roles at FDATA.

By Joseph Gabriel Lagonsin • 4 min read • This month
ThetaRay launches game to spot money mules in crowd
Gaming

ThetaRay launches game to spot money mules in crowd

Players must pick out a mule hidden in crowded scenes as banks face rising pressure to curb fraud and recruit awareness.

By Sofiah Nichole Salivio • 4 min read • This month

Stories from Other Regions

Financial Conduct Authority stories

Ecommpay wins Retail Systems fraud prevention award
Fintech

Ecommpay wins Retail Systems fraud prevention award

Retailers are under pressure to curb networked payment fraud without harming checkout conversion, a challenge Ecommpay's award-winning tool targets.

By Sofiah Nichole Salivio • 3 min read • 2 days ago
NatWest launches AI ethics accreditation for all staff
Data Protection

NatWest launches AI ethics accreditation for all staff

With AI tools spreading through the bank, 60,000 NatWest staff will now be trained to spot ethical risks and handle them responsibly.

By Karen Joy Bacudo • 4 min read • 2 days ago
Bank of England sets GBP £40 billion stablecoin guardrail
Crypto

Bank of England sets GBP £40 billion stablecoin guardrail

Limits on systemic issuers aim to shield credit supply as the Bank prepares a new regime for sterling stablecoins used in payments.

By Karen Joy Bacudo • 4 min read • 2 days ago
FinTech North marks 10 years with Leeds conference
Fintech

FinTech North marks 10 years with Leeds conference

The North's fintech sector now employs 20,000 people directly, as FinTech North returns to Leeds to mark its 10th anniversary.

By Karen Joy Bacudo • 3 min read • Last week
Access PaySuite buys Ordo Open Banking infrastructure
Fintech

Access PaySuite buys Ordo Open Banking infrastructure

The deal gives Access PaySuite direct control of payment initiation as UK pay-by-bank use rises 57% year on year.

By Karen Joy Bacudo • 4 min read • Last week
Freedom joins Microsoft for Startups to boost pensions
Digital Transformation

Freedom joins Microsoft for Startups to boost pensions

The partnership gives the pensions technology firm access to AI tools and Azure credits as it targets stronger links with retirees.

By Mark Tarre • 4 min read • Last week
Solving the retail generational buying gap one basket at a time
Digital Transformation

Solving the retail generational buying gap one basket at a time

Retailers risk missing out on Gen Z's rising spend unless they fix legacy systems and align stock, finance and service to changing habits.

By Oscar Strachen • 5 min read • Last week
Crypto group urges UK bank complaints over transfer bans
Crypto

Crypto group urges UK bank complaints over transfer bans

Bank restrictions could be challenged by thousands of customers after a campaign accused lenders of blocking legal crypto transfers in the UK.

By Karen Joy Bacudo • 4 min read • Last week
Icon launches digital asset payments framework for banks
Digital Transformation

Icon launches digital asset payments framework for banks

Banks may avoid building separate systems for stablecoins, tokenised deposits and CBDCs as UK regulators back tokenisation in wholesale markets.

By Karen Joy Bacudo • 3 min read • This month
Why the UK's agentic commerce future will be won by data, not models
Customer Experience

Why the UK's agentic commerce future will be won by data, not models

UK retailers face a bigger test than chatbot quality, as AI assistants will favour stores with accurate data, stock and trust.

By Sreeraman Mohan Girija • 5 min read • This month
Aveni raises GBP £12 million for AI assurance tools
Digital Transformation

Aveni raises GBP £12 million for AI assurance tools

The funding will help the Edinburgh fintech expand tools that let banks check AI agents meet conduct standards for customers.

By Karen Joy Bacudo • 5 min read • This month
eflow launches misconduct readiness check for FCA rules
Risk & Compliance

eflow launches misconduct readiness check for FCA rules

Firms face a tighter compliance test as the FCA's misconduct rules near, with eflow warning many cannot evidence oversight or escalations.

By Karen Joy Bacudo • 4 min read • This month
Financial leaders fear AI could harm vulnerable customers
Fintech

Financial leaders fear AI could harm vulnerable customers

Most firms have expanded customer-facing AI even as a survey found 77% fear their strategies could harm vulnerable customers.

By Karen Joy Bacudo • 5 min read • This month
It's time insurance seeks out next gen responsible technologies
Data Protection

It's time insurance seeks out next gen responsible technologies

Trust is now a commercial issue for insurers, as Consumer Duty and wary customers push them towards transparent AI and fairer claims handling.

By Paula Milton • 5 min read • This month
UK Payments Initiative launches recurring bank scheme
Fintech

UK Payments Initiative launches recurring bank scheme

Recurring bank payments could soon replace some cards and direct debits as UK Payments Initiative rolls out a new open banking scheme.

By Karen Joy Bacudo • 4 min read • This month
TrueLayer launches Bank on File for recurring payments
Payment Technologies

TrueLayer launches Bank on File for recurring payments

Recurring payments can now be authorised directly from UK bank accounts, with live use already underway for investing and rent.

By Karen Joy Bacudo • 5 min read • This month