Generative Data Intelligence

Tag: Consumer Duty

FCA/PRA Diversity and Inclusion for Crypto and FinTech Firms: PART II

By Rodrigo Zepeda, CEO, Storm-7 Consulting INTRODUCTIONIn 2023, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) (Bank of England (BoE)) (collectively the...

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Corporate Payments in 2024: APP fraud, ISO 20022-readiness and generative AI

The start of a new year is a natural time to consider what lies ahead. Here, we look at four key themes in corporate...

Customer Experience trends in 2024: meeting evolving expectations

The landscape of brand-customer relationships has shifted dramatically over the past few years, and there’s no question that customers today wield unprecedented power in...

Challenges in Retail Trading Regulation

During the Finance Magnates London Summit 2023, a panel discussion entitled: "Tightening Grip? Retail Trading Regulation in 2024" was conducted, moderated by Remonda Kirketerp-Møller, the Founder &...

FCA Cancels 1,266 Unauthorized Firms, Imposes Record Fines

The Financial Conduct Authority (FCA ) has ramped up enforcement actions against misleading financial promotions and unauthorized firms operating in the UK, according to a press release...

Future of Online Trading: Industry Experts Weigh in Challenges and Possibilities

The online trading landscape is facing a pivotal moment. After a period of meteoric growth, turbulence in the form of increased volatility, regulatory pressure,...

Revolut Folds in UK, Robinhood Bets on EU: What’s Shaping Crypto in Europe?

The latest reports of Revolut limiting its crypto offerings to UK businesses raised many questions about Britain’s plan to embrace the digital currency industry....

Revolut Halts Crypto Purchases for UK Businesses

Revolut will temporarily halt certain cryptocurrency services for its business customers in the UK. This step is a response to upcoming regulatory changes by the Financial...

Wealth Management in the UK – Part I

Overview The UK is recognised as one of the largest Wealth Management markets globally.  Estimates suggest in excess of £3trn, with £2trn in personal liquid...

BNPL Demand Unlikely to Weaken in 2024

The financial services industry is humming with expectation and predictions for the trends that will impact the landscape in 2024 as we begin a new year....

FCA Unveils Fresh Guidance amidst Crypto Marketing Turmoil

The Financial Conduct Authority (FCA) has updated its guidance for cryptoasset firms, following recent legislative changes that bring crypto promotions targeting UK consumers under its oversight. The...

From Zero to Hero – How Blockchain could bring the FCA’s Consumer Duty to life

The reputation of blockchain has taken a severe beating in recent years. The spectacular collapse of FTX, plus how regulators are turning against crypto...

FCA Restricts Modulr’s Customer Onboarding

The UK's Financial Conduct Authority (FCA) has imposed customer onboarding restrictions on Payments-as-a-Service provider Modulr until it aligns with new regulations. Don't miss London's premier financial...

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