FCA stories
Stricter anti-money laundering rules are driving more banks and fintechs towards live company register data, lifting revenue at Kyckr 46%.
Cross-border trading in tokenised assets and stablecoins could expand after regulators on both sides of the Atlantic agreed to align standards.
Most UK lenders now face overlapping FCA, PRA and data rules on AI, as 75 per cent of firms already deploy the technology.
The hire brings Santander compliance expertise into ThetaRay as banks face tougher anti-money laundering oversight and demand proof their controls work.
The deal broadens LemFi's UK offering as it seeks to help internationally mobile customers move from transfers and savings into investing.
Banks and insurers face a gap between the plan's broad AI aims and the controls needed to satisfy compliance and audit demands.
Switching rose 43% in Britain last quarter, adding pressure on banks to tailor offers as digital-only accounts neared half of households.
The insurer will use AI to speed reviews of adverts and website copy while keeping human sign-off under FCA Consumer Duty rules.
The fee-free option gives eligible UK shoppers up to 30 days to settle online purchases from GBP £1 to GBP £900 at checkout.
Households squeezed by higher costs are turning to fixed-fee borrowing, helping the lender pass GBP £1 billion in loans.
Shoppers could face clearer repayment terms and stricter affordability checks as UK oversight of buy now, pay later products tightens.
Many shoppers could soon face affordability checks at checkout as 59% of BNPL users say they have not heard of the new rules.
Awareness of new rules remains low even as PayPlan customers increasingly use buy now, pay later to cover everyday household costs.
Banks and insurers face tighter resilience checks as four cloud providers come under joint UK supervision for the first time.
Banks and brokers gain a single cloud compliance layer as IPC adds Luware Recording across trading and collaboration channels.
Regulatory reform could help mutual lenders and insurers close gaps in protection, healthcare and savings for households outside mainstream finance.
The cash will help the fintech expand its team and product as regulated firms seek faster onboarding, compliance checks and payments.
FCA findings show vulnerable customers are still missing out on basic bank accounts, prompting nine banks to tighten offer and application processes.
Regulatory change is squeezing margins at UK payments firms, with 45% saying compliance costs are rising faster than revenue.
The payments firm's diversity work has put it in contention alongside two senior leaders as the awards spotlight women in technology workplaces.
