What the FCA's New Consumer Duty Means for UK Payments Providers
In July 2022, the UK Financial Conduct Authority (FCA) published Policy Statement 22/9: “A new …
PayPal Uses Shady Contract Terms, Polish Agency Says
Complex and imprecise terms in PayPal’s contracts may breach law, says the Polish consumer regulator, …
New Industry Body For Credit Info Agencies Needed, Says FCA
The UK’s Financial Conduct Authority (FCA) has set out proposals to improve the credit information …
Australia's Treasury Proposes Removing Credit Act Loophole For BNPL Providers
In a new review of buy now, pay later (BNPL) regulation, Australia’s Treasury calls time …
What's The 'Secret Sauce' For Twitter Pay?
After months of rumours and speculation surrounding Elon Musk’s plans to turn Twitter into a …
Daily Dash: Spanish Banks Come Together For Digital Euro
Spain’s largest banks, including BBVA and Santander, have set up a working group to assess …
Week In Crypto: FTX Token Collapse Stokes Insolvency Fears, As Binance Scraps Bailout Plan
A near-total wipeout of the FTX Token leaves CEO Sam Bankman-Fried shopping for a bailout. …
FTX Files For Bankruptcy, CEO Sam Bankman-Fried Resigns
Less than 24 hours after claiming that FTX was illiquid but not insolvent, CEO Sam …
We Appreciate Consumer Duty Will Be Hard, FCA Acknowledges
Senior officials at the UK financial watchdog have defended the controversial new policy as a …