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At Travers Smith’s Future of Fintech 2025, Jessica Rusu, Chief Data, Information and Intelligence Officer at the Financial Conduct Authority (FCA), underscored the vital role of technology and innovation in finance. Addressing regulatory measures, Rusu noted significant summer developments in this area. Her speech, given at the esteemed Merchant Taylors’ Hall, formed part of an… Read more: FCA’s Jessica Rusu Highlights Tech’s Role in Fintech Future

ValidiFI’s latest research reveals significant gaps in current fraud prevention strategies. This stresses the financial risks linked with outdated account verification methods, particularly with the rising adoption of real-time payments. As the payment infrastructure evolves, real-time rails like RTP, FedNow, and Zelle push for instant settlement. Simultaneously, faster ACH options are modernising traditional transaction methods.… Read more: ValidiFI Study Reveals Flaws in Current Fraud Prevention

Recently, Kate Collyer, the Chief Economist of the Financial Conduct Authority (FCA), gave a speech at Warwick Business School. She discussed the importance of financial regulation in boosting the UK’s growth. Her focus was on the necessity of risk rebalancing to stimulate innovation and growth in the fintech sector. She noted a significant slowdown in… Read more: FCA Chief Economist Calls for Rebalancing Risk in Fintech

The Financial Conduct Authority (FCA) has concluded its investigation into Wellesley & Co Limited (WCL). They found no evidence of serious misconduct and will take no further action. The investigation started in 2022, following the unregulated entity Wellesley Finance Ltd (WFL) entering a Company Voluntary Arrangement. This decision marks a significant development in the case.… Read more: FCA Clears Wellesley & Co Limited of Misconduct Charges

The Financial Conduct Authority (FCA) recently put forth proposals to enhance business practices in the crypto industry. These proposals set out the baseline standards that crypto firms should adhere to, reflecting many regulations already in place for traditional financial companies. The proposals mainly focus on operational resilience. They require crypto firms to show their capacity… Read more: FCA Proposes New Standards for Crypto Firms

Recently, a legal challenge arose against the decision to award the bond consolidated tape provider contract. Authorities responded by confirming a fair, competitive 2-stage process. This process was to ensure the selected provider could deliver high-quality tape and offer the best value. Crowdfund Insider provided this information. The bond consolidated tape provider holds a vital… Read more: Legal Challenge Over Bond Consolidated Tape Contract

At the Warwick Business School, Financial Conduct Authority (FCA) chief economist, Kate Collyer, recently discussed the decade-long productivity issue in the financial sector. She suggested that the UK’s economic growth has been lacklustre since the financial crisis. To address this, she proposed a rebalancing of risk to stimulate innovation and growth. During her speech, Collyer… Read more: FCA Chief Economist Advocates for Risk Rebalance in Finance

The Financial Conduct Authority (FCA) plans to slash data reporting requirements for retail intermediary firms. This move is likely to benefit around 11,000 businesses nationwide. The FCA’s goal is to support these firms by reducing the frequency of Retail Mediation Activities Return (RMAR) submissions, while still maintaining consumer outcome comprehension. The RMAR plays a vital… Read more: FCA Plans to Cut Data Reporting for Retail Firms

At the recent Travers Smith’s Future of Fintech 2025 event, held at Merchant Taylors’ Hall, Jessica Rusu of the Financial Conduct Authority (FCA) emphasised the role of technology and innovation in fintech regulation. Agreeing with the event’s focus, she confirmed it has been a pivotal summer for regulation. Rusu highlighted the key interplay between technology,… Read more: FCA Officer Highlights Role of Tech in Fintech Regulation

The Financial Conduct Authority (FCA) in the UK is actively seeking feedback on proposals. These proposals detail the minimum standards for crypto firms. They closely resemble the existing standards for traditional financial firms, focusing on operational resilience and crime-fighting systems and controls. The FCA’s move signifies a clear effort to align the crypto sector with… Read more: FCA Proposes Minimum Standards for UK Crypto Firms

A legal challenge currently questions the selection process of a bond consolidated tape provider. The disputed contract aims to ensure high-quality tape delivery and value for money. The decision followed a competitive 2-stage process to meet the industry’s strict demands. However, an undisclosed party has legally objected. Find more details here. Despite the challenge, the… Read more: Legal Challenge Halts Selection of Bond Tape Provider

Recently, FCA chief economist, Kate Collyer, addressed Warwick Business School. She discussed financial regulation’s role in fostering UK’s growth. She highlighted the financial sector’s stagnant productivity over the past decade and UK’s sluggish economic growth post-financial crisis. Collyer suggested that this mediocre performance might hint at a deeper issue within the sector. She emphasized the… Read more: FCA Chief Economist Urges for Rebalance of Risk in UK Finance

The Financial Conduct Authority (FCA) plans to further lessen data reporting requirements, potentially benefiting around 11,000 retail intermediary firms. This decision focuses on the regular submission of the Retail Mediation Activities Return (RMAR), a report that helps firms understand consumer outcomes and spot potential retail intermediary issues. More information on this subject is available at… Read more: FCA to Cut Data Reporting for 11,000 Retail Firms

In an age where technology is swiftly advancing, many financial services firms are grappling with the challenge of modernising their core systems. The traditional method of a full rip-and-replace of legacy systems is often seen as a risky move. However, a new approach has surfaced, promising to connect old and new while unifying data and… Read more: Fintech Update 202509271812

The future of fintech regulation is unfolding, with a strong emphasis on growth. Jessica Rusu, Chief Data, Information and Intelligence Officer at the Financial Conduct Authority (FCA), recently spoke at Travers Smith’s Future of Fintech 2025 conference. She underscored the pivotal role of technology and innovation in driving regulatory changes. The conference, held at Merchant… Read more: FCA’s Jessica Rusu Forecasts Growth-Centric Fintech Regulation

The recent decision to award the contract for the bond consolidated tape provider has sparked a legal challenge. The awarding body defended their decision, asserting that they held a fair, competitive two-stage process. Their aim was to ensure the selected provider could deliver a high-quality tape at the best value for money. The role of… Read more: Legal Challenge over Bond Consolidated Tape Contract

The Financial Conduct Authority’s (FCA) chief economist, Kate Collyer, recently delivered a speech at Warwick Business School. The main thrust of her discourse was the need for a shift in risk balance to stimulate innovation and economic growth in the UK. The talk was part of the programme, “Financial Regulation in Support of the UK’s… Read more: FCA’s Collyer Urges Risk Rebalance for UK Growth

The Financial Conduct Authority (FCA) is launching a £1 million campaign to promote an upcoming motor finance compensation scheme. This significant move aims to increase transparency and protect consumers by informing them about their ability to access the scheme directly, eliminating the need for a claims management company (CMC) or law firm. Designed to demystify… Read more: FCA Launches £1M Campaign for Motor Finance Scheme Awareness

Unregulated firms propose high-risk schemes, presenting potential hazards to investors. The Financial Conduct Authority (FCA) has voiced concerns about this increasing trend. A significant number of investors could be jumping in without a complete understanding of the associated risks. These firms often sidestep FCA authorisation through legal loopholes. Unlike their regulated counterparts, unregulated firms don’t… Read more: FCA Warns of High-Risk Schemes from Unregulated Firms

Recently, the Welsh town of Monmouth celebrated a new banking hub’s inauguration, a noteworthy event. This celebration coincided with the Financial Conduct Authority’s (FCA) first anniversary of implementing access to cash regulations. These rules aim to preserve community access to cash services amidst the rising popularity of digital banking. According to FCA regulations, banks and… Read more: Monmouth’s New Banking Hub Celebrates FCA Cash Rules

Jessica Rusu, the FCA’s Chief Data, Information and Intelligence Officer, recently emphasized the crucial role of technology and innovation in the future of finance. She made this statement at the Travers Smith’s Future of Fintech 2025 conference, amid a significant regulatory evolution. This evolution, as highlighted by the conference invitation, aims to keep up with… Read more: FCA Chief Highlights Tech’s Role in Future Finance

The Financial Conduct Authority (FCA) recently wrapped up its investigation into Wellesley & Co Limited (WCL). They confirmed that they won’t take any further action. The FCA launched the investigation into WCL in 2022. This followed the entrance of Wellesley Finance Ltd (WFL), an unregulated entity, into a Company Voluntary Arrangement (CVA). They announced the… Read more: FCA Drops Investigation into Wellesley & Co Limited

The UK’s Financial Conduct Authority (FCA) recently put forward a series of proposals. These aim to set minimum standards for crypto firms, thereby promoting better business practices in the digital asset sector. Currently, the regulatory body seeks feedback on these new standards. Notably, these proposals mirror many requirements that traditional financial firms already meet. For… Read more: FCA Sets Minimum Standards for UK Crypto Firms

The FCA (Financial Conduct Authority) is calling for feedback on a set of proposals. These aim to establish minimum standards for cryptocurrency firms. The proposals mirror many regulations already in place for traditional financial organisations. This includes rules on operational resilience and crime-fighting systems and controls. The FCA’s proposals aim to promote good business practices… Read more: FCA Seeks Feedback on Crypto Firm Standards Proposal

Recent news highlights a legal challenge to the bond consolidated tape provider’s contract. The awarding body has acknowledged this challenge, illuminating their decision-making process. They implemented a transparent, competitive two-stage process. This approach aimed to ensure the selected provider could deliver a high-quality tape at the best value. The goal was to assure fairness and… Read more: Legal Challenge to Bond Tape Provider Contract Stirs Fintech

An individual was recently charged for a data protection breach under the Data Protection Act. This landmark decision marks a critical milestone in the fight against cybercrime. Nicholas Harper, a 26-year-old resident of Taunton, admitted guilt on Monday 1 September. However, he was cleared of additional charges of fraud and unauthorised business offences. The Financial… Read more: Taunton man charged under Data Protection Act by FCA

The Financial Conduct Authority (FCA) is launching a £1 million awareness campaign. The campaign’s goal is to educate motor finance customers about their ability to directly access a proposed industry-wide compensation scheme. Importantly, they can do so without the need for a claims management company (CMC) or law firm. Given the rising complexity of financial… Read more: FCA Launches £1m Campaign for Motor Finance Customers

In this era of economic uncertainty, Canadian accounting practices are boldly moving forward. The State of the Accounting Industry Report by Xero credits this boost in confidence to a decisive move towards advisory services and accelerated technology adoption. The report uncovers that a remarkable 80% of practices feel positive about the future. This optimism stems… Read more: Canadian Accountants Embrace Digital Shift, Xero Report Reveals

The Asia-Pacific (APAC) region continues to strengthen its role as a significant hub for cryptocurrency innovation and adoption. Chainalysis provides recent insights, revealing a remarkable surge in on-chain activity in the area. Furthermore, this growth is speeding up at an unparalleled rate. By July 2022, APAC’s total on-chain activity had reached $81 billion. Yet, by… Read more: APAC Leads Global Surge in Cryptocurrency Adoption

Recently, a Taunton-based individual was convicted for breaching the Data Protection Act, underscoring the importance of data confidentiality. Nicholas Harper, 26, admitted to aiding or abetting an offence. The Financial Conduct Authority (FCA) initiated this prosecution. Breaching the Data Protection Act is a grave offence, serving as a warning to others to protect sensitive information… Read more: Taunton Man Convicted for Breaching Data Protection Act

In a recent speech, Kate Collyer, the Chief Economist of the Financial Conduct Authority (FCA), highlighted a significant stagnation in financial sector productivity over the past decade. She made this announcement at the Warwick Business School’s event titled “Financial Regulation in Support of the UK’s Growth”. Moreover, she pointed out that the UK’s economic growth… Read more: FCA Chief Economist Suggests Risk Rebalance for UK Growth

The Financial Conduct Authority (FCA) intends to pour £1 million into a campaign. This campaign aims to enlighten motor finance customers about their entitlement to an industry-wide compensation scheme. Importantly, customers can access this without needing a claims management company (CMC) or law firm. Primarily broadcast on radio, the campaign underscores the regulator’s dedication to… Read more: FCA Launches £1m Campaign for Motor Finance Rights

Ripple and Securitize are joining forces to boost Ripple’s stablecoin, Ripple USD (RLUSD). They announced this collaboration on September 24, 2025. It brings RLUSD integration into smart contract features for tokenized funds. Specifically, it impacts BlackRock‘s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck‘s Bitcoin Trust (VBILL). Traditional finance (TradFi) and decentralized finance (DeFi) have… Read more: Ripple and Securitize Boost RLUSD with Smart Contract Integration

Monmouth, Wales, marked the first anniversary of the Financial Conduct Authority’s (FCA) access to cash rules through a notable event. The inauguration of a new banking hub symbolised the community’s successful use of these rules to retain their cash services. The FCA’s innovative regulations require banks and building societies to assess local needs before changing… Read more: Monmouth Marks FCA Cash Rules Anniversary with New Bank Hub

The Financial Conduct Authority (FCA) has concluded its investigation into Wellesley & Co Limited (WCL), finding no serious misconduct. The FCA launched the probe in 2022, after Wellesley Finance Ltd (WFL), an unregulated entity, entered a Company Voluntary Arrangement (CVA). The FCA’s decision, a relief for WCL, came after the CVA of WFL sparked concerns… Read more: FCA Ends Investigation into Wellesley & Co with No Action

The Financial Conduct Authority (FCA) is actively inviting feedback on their latest cryptocurrency firm standards proposal. This action is part of a larger scheme to encourage good business practice in the fast-growing crypto industry. Interestingly, these proposals echo many requirements already met by traditional financial firms. They encompass operational resilience and crime prevention controls. In… Read more: FCA Seeks Feedback on New Crypto Firm Standards

The Financial Conduct Authority (FCA) is soliciting feedback on proposed minimum standards for cryptocurrency firms. These guidelines, mirroring those for conventional finance businesses, emphasize operational resilience and crime-combatting systems and controls. Through this initiative, the FCA targets the regulatory vacuum that digital currency companies might operate within. The objective is to subject these companies to… Read more: FCA Seeks Feedback on Crypto Firm Regulation Proposals

The Financial Conduct Authority (FCA) is making strides to simplify supervisory communications on their website. This commitment to ease of access aims to make it simpler for firms to find the most recent supervisory communications. The FCA continues to streamline their approach to ensure that relevant information is accessible and easy to understand. As part… Read more: FCA Simplifies Website for Easier Supervisory Access

Unexpectedly, breaking fintech news unveils a legal challenge to the bond consolidated tape provider contract. The party behind the challenge remains a mystery. Playing a crucial role in the finance industry, consolidated tape providers collect and distribute trading data from various exchanges. This provides a comprehensive, transparent view of trading activity, an invaluable tool for… Read more: Legal Challenge Over Bond Consolidated Tape Contract

Recently, Kate Collyer, chief economist at the Financial Conduct Authority (FCA), delivered a speech at Warwick Business School. She touched on the urgency of risk rebalancing to stimulate innovation and growth. She pointed out the stagnant productivity in the UK financial sector over the last decade and the disappointing economic growth since the financial crisis.… Read more: FCA Chief Urges Risk Rebalance for UK Economic Growth

The Financial Conduct Authority (FCA) recently brought to light an unusual case. A 26-year-old, Nicholas Harper, faced conviction for breaching the Data Protection Act. Despite being cleared of fraud and unauthorised business offences, he was found guilty of aiding an offence. This case stands out in the fintech sector, as it’s a rare example of… Read more: FCA Convicts Individual for Data Protection Breach

During a recent address at Warwick Business School, Kate Collyer, the chief economist at the Financial Conduct Authority (FCA), discussed the UK’s financial sector’s decade-long productivity stagnation. Furthermore, she voiced concerns about the UK’s underwhelming economic growth post-financial crisis. Collyer underscored the urgent need for financial regulation that bolsters the country’s economic growth. She urged… Read more: FCA Chief Economist Urges Rebalance of Risk for UK Growth

The Financial Conduct Authority (FCA) has launched a £1 million awareness campaign. Its goal? To educate motor finance customers about their rights under a proposed industry-wide compensation scheme. This scheme offers recourse for customers who believe they’ve been treated unfairly. The campaign will use various mediums, including radio, to reach a wide audience. The key… Read more: FCA Launches £1m Campaign to Educate Motor Finance Customers

The Financial Conduct Authority (FCA) has proposed further reductions in data reporting to enhance efficiency. These cuts will likely benefit about 11,000 retail intermediary firms across diverse sectors. The FCA regulates the financial industry in the UK, setting standards and providing guidance. The proposed reduction in data reporting aims to give firms more operational flexibility,… Read more: FCA Proposes Data Reporting Cuts for 11000 UK Firms

Tether, a top-notch stablecoin firm, is reportedly eyeing a fundraising round. Recently, CEO Paolo Ardoino unveiled this potential move. The aim is to draw high-profile investors to back the company’s strategy across all its existing and future sectors. This move aligns with the rising interest in the stablecoin market. As digital currencies gain more acceptance,… Read more: Tether Eyes Fundraising to Bolster Stablecoin Strategy

Bitcoin and the cryptocurrency world experienced a significant blow recently. A chaotic 24-hour period saw nearly $2 billion worth of liquidations. This data, sourced from Coinglass and others, reveals an unexpected downturn in the crypto trading ecosystem. These liquidations stemmed from traders being compelled to offload their positions. Bitcoin (BTC) longs took the hardest hit.… Read more: Bitcoin and Crypto Market Rocked by $2bn Liquidations

John Burford, a Mansfield resident, received a two-year prison sentence for a £1 million investment fraud case. The Financial Conduct Authority (FCA) led the prosecution. From 2016 to 2021, Burford defrauded over 100 investors, amassing £1 million through fraudulent activities. Burford operated his firm in a way that exploited unsuspecting investors. His deceit led to… Read more: Mansfield Man Jailed for £1m Investment Fraud by FCA

The Financial Conduct Authority (FCA) is investigating a possible competition issue. It involves the London Stock Exchange Group (LSEG) and the landlord of the LSE data centre building. The issue is about the provision of low latency connectivity services (LLCS) between certain trading venues. The FCA’s goal is to ensure equal access to the data… Read more: FCA Probes LSEG’s Exclusive Access to LSE Data Centre

Matthew and Nikolas West, also known as the West brothers, are now guilty of insider dealing. The Financial Conduct Authority (FCA), Britain’s financial firms and markets regulator, led the prosecution. Consequently, the brothers face a sentence and a hefty fine of £280,000. Matthew West, the elder brother, received a 15-month prison sentence, suspended for two… Read more: West Brothers Found Guilty of Insider Dealing by FCA

The UK’s Financial Conduct Authority (FCA) has kicked off a £1 million campaign. The goal? To educate motor finance customers about a proposed industry-wide compensation scheme. The central message is simple: customers don’t need a claims management company (CMC) or law firm to use this scheme. The FCA’s initiative aims to dispel the common misconception… Read more: FCA Launches £1m Drive to Educate Motor Finance Customers