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Tag: uk finance

Will Open Banking lead to the Next Wave of the UK’s Fraud Epidemic?

As Open Banking (OB) in the UK prepares to accelerate, have the fears around security and fraud risks gone away? When OB launched...

UK Finance, Which?, City of London Police Sign Letter Asking Government to Add Online Scams to “Online Safety” Bill

UK Finance (a trade association for the UK banking and financial services sector that represents around 300 firms in the UK providing credit,...

Banks to be given autonomy in reimbursing APP fraud victims

UK Finance has announced a change to the process of reimbursing ‘no blame’ cases of authorised push payment (APP) scams, bringing in...

Competition watchdog launches consultation on future of Open Banking in the UK

The Competition and Markets Authority (CMA) has launched a consultation on the future governance of Open Banking in the UK. Since...

UK Finance Publishes Open Banking Blueprint Including “Future Entity”

UK Finance has published a proposal for a “new service company” that will support the UK’s open banking infrastructure, according to a public...

RTGS Global kicks into gear to disrupt correspondent banking

RTGS Global, the cross-border liquidity network set-up by Worldpay and Clearbank creator Nick Ogden almost exactly a year ago, has launched the first...

Six ways financial services will adapt to BigTech in the UK market

Spend a few moments watching the counter at any coffee shop in the UK and it will not be long before a customer...

Mastercard signs debit card deal with First Direct

First Direct has signed a multi-year debit card agreement with Mastercard, switching from Visa at the start of 2021. First Direct is making the...

Five predictions for the future of payments

The coronavirus pandemic may have completely upended life as we know it, but in many senses, it is an accelerator to trends that...

Speech by Sarah Breeden

“Ethical Markets fully supports the climate activism now at the Bank of England, and making climate risk disclosure mandatory and urges all companies,...

UK’s FCA Studies the Country’s Cryptocurrency Market as the Registration Deadline Ends

Jun 30, 2020 at 14:16 // News The UK Finance Conduct Authority researched the country’s cryptocurrency market to understand...

HM Treasury: £40+ Billion Provided to Over 970K UK Businesses by COVID-19 Support Schemes

HM Treasury’s weekly update on the COVID-19 business support schemes indicates that lenders, both traditional banks and Fintechs, have provided a growing amount...

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