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Financial Conduct Authority Stories

UK Stories

Financial Conduct Authority stories

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 • Yesterday
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 • Yesterday
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 • Yesterday
Equals rebrands after GBP £58 billion payments milestone
Fintech

Equals rebrands after GBP £58 billion payments milestone

Businesses using the platform should see simpler access to accounts, cards and foreign exchange as the group unites under one brand.

By Karen Joy Bacudo • 3 min read • 2 days ago
TrueLayer acquires In3 to add credit to Pay by Bank
Fintech

TrueLayer acquires In3 to add credit to Pay by Bank

European merchants will gain a bank-based alternative to card lending as TrueLayer folds Dutch fintech In3 into its checkout network.

By Karen Joy Bacudo • 4 min read • Last week
UK fintech hiring to rise 14% in 2026 as neobanks slow
Risk & Compliance

UK fintech hiring to rise 14% in 2026 as neobanks slow

London will remain the main hiring hub, with fintech vacancies forecast to rise 14% in 2026 as firms prioritise compliance and infrastructure.

By Karen Joy Bacudo • 3 min read • Last week
Ecommpay adds Recite Me toolbar to boost accessibility
Fintech

Ecommpay adds Recite Me toolbar to boost accessibility

Visitors with disabilities or language barriers can now use text-to-speech and translation tools on Ecommpay's site after its latest accessibility upgrade.

By Sofiah Nichole Salivio • 4 min read • Last month
UK regulators seek feedback on tokenised wholesale markets
Digital Transformation

UK regulators seek feedback on tokenised wholesale markets

Firms seeking certainty on digital asset rules have been invited to shape how UK wholesale markets adopt tokenised securities, collateral and settlement.

By Karen Joy Bacudo • 4 min read • Last month
UK outlines cyber & AI regulatory overhaul in King's Speech
Data Protection

UK outlines cyber & AI regulatory overhaul in King's Speech

Businesses face tighter reporting and new rules as ministers move to overhaul cyber security, AI oversight and digital identity regulation.

By Mark Tarre • 9 min read • Last month
UK advisers warm to agentic AI in wealth platforms
Digital Transformation

UK advisers warm to agentic AI in wealth platforms

Confidence in agentic AI is rising among UK advisers, but regulation and oversight will decide whether it reaches day-to-day platform use.

By Karen Joy Bacudo • 4 min read • Last month
Lightyear launches ready-made plans for UK investors
Fintech

Lightyear launches ready-made plans for UK investors

A simpler route into the stock market may appeal to UK savers, as most hold cash while fewer than one in six own shares or funds.

By Karen Joy Bacudo • 3 min read • Last month
Most UK payments firms miss FCA safeguarding rules
Fintech

Most UK payments firms miss FCA safeguarding rules

A survey shows only 13% of FCA-regulated payments firms are doing daily reconciliations, leaving many exposed to the new safeguarding regime.

By Karen Joy Bacudo • 4 min read • Last month
FICO urges UK lenders to use AI in collections for payments
Customer Experience

FICO urges UK lenders to use AI in collections for payments

Rising missed card payments are straining UK collections teams, as FICO says AI could help lenders manage cases more efficiently and fairly.

By Sofiah Nichole Salivio • 4 min read • Last month
WealthAi launches AI compliance tool for wealth managers
Unified Communications

WealthAi launches AI compliance tool for wealth managers

Wealth managers face tighter regulatory scrutiny as the platform promises to replace spreadsheet checks with real-time review of all client messages.

By Karen Joy Bacudo • 4 min read • Last month

Global Stories

Financial Conduct Authority stories

eflow & Iress frame trading compliance partnership
Surveillance

eflow & Iress frame trading compliance partnership

Firms using Iress software will gain linked surveillance tools as regulators tighten scrutiny of trading transparency, abuse controls and best execution.

By Karen Joy Bacudo • 4 min read • Last month
Royal Caribbean expands Affirm payments to UK, Canada
Fintech

Royal Caribbean expands Affirm payments to UK, Canada

Holidaymakers in the UK and Canada can now split cruise fares into instalments, as the buy-now-pay-later model spreads further into travel.

By Karen Joy Bacudo • 3 min read • Last month
Akamai warns of surging DDoS attacks on financial firms
Ransomware

Akamai warns of surging DDoS attacks on financial firms

Sustained assaults are disrupting online banking and payments as EMEA becomes the main target for DDoS campaigns against lenders.

By Sean Mitchell • 4 min read • Last month
DTCC tokenisation launch puts post-trade systems on alert
Blockchain

DTCC tokenisation launch puts post-trade systems on alert

Brokers and custodians face pressure to overhaul manual workflows as DTCC’s July 2026 rollout could make tokenised settlement the new market standard.

By Karen Joy Bacudo • 4 min read • Last month