Financial Conduct Authority stories

Insurer Wakam launches its UK subsidiary, Wakam UK Limited, signalling a major expansion feat in the heavily regulated market.

PayComplete's Cash Chasm report highlights challenges in cash handling, with 41% of businesses reliant on manual processes and risking losses.

Fintech firm Volopa seals an extensive partnership with ClearBank to bolster services for SME clients and aid its quest for an e-money licence.

Health and wellbeing providers Vivup and Perkbox reveal a merger backed by Great Hill Partners, striving for an all-in-one solution for UK employee benefits and wellbeing.

UK fintech firm Griffin successfully secures $24m funding and green light from PRA and FCA, becoming a fully operational bank.

UK government's wait and see approach to AI regulation sparks criticism among lawmakers over lack of urgency despite AI's existential threat warnings.

Lithuanian fintech PAYSTRAX begins UK operations after robust growth in Europe, aiming to impact the local tech scene.

Unethical practices are pervasive in the UK's software engineering industry, with many workers facing retaliation for reporting misconduct.

SaaScada has issued five forecasts for the United Kingdom's fintech sphere in 2024, including a crisis in artificial intelligence and major shifts in payments.

Cambridge fintech Monavate boosts growth with the launch of a Supply Chain Payments division, helmed by Anant Patel.

UK financial technology firm Griffin hires Marina Gorey as Chief People Officer to drive its organizational growth and development.

Gig workers face financial exclusion despite their contributions to the UK economy, new report finds. #GigEconomy #FinancialInclusion.

Savings are not keeping pace with costs in real terms, making potential returns on higher-risk investment opportunities through private markets more appealing.

Mick Reynolds, former Head of Cyber Intelligence and Security Testing at Direct Line Group, joins SecAlliance as Director of Intelligence.

Digital banking is transforming the industry as new customers join, contactless payments surge, and challenger banks rise, says Forrester.

Westpac scandal highlights urgent need for better financial crime prevention, says Cloudera's Dr Harmon.

UK financial services face increasing cyber threats, with a 480% rise in data breaches reported in 2018, according to a report from Wandera.

Alan Calder believes a CSaaS model can enable a company to build a cyber resilience strategy in a coherent and consistent manner.

If New Zealand and the UK collaborated on fintech projects, what kinds of challenges would we face and how could regulations shape our activities?.

UK faces more than 10 significant cyber-attacks per week, according to Robin Jones, head of technology resilience at the FCA.

Aus-NZ fintech collaboration boosts as ASIC and FMA fuel innovation drive.

The demand for digital solutions and FinTech disruption fuels need to digitise transaction banking products and services beyond payments.