Tag: consumer protection
Visa reinvents account-to-account payments with enhanced consumer protections
Visa has unveiled a new initiative, Visa A2A, set to transform the landscape of account-to-account (A2A) payments by enhancing consumer control and protection.
How the Consumer Duty has reshaped financial services in its first...
The Consumer Duty, introduced by the FCA, has notably heightened consumer protection standards within the financial services sector. According to FullCircl, as we passed...
PSR and FCA explore the impact of digital wallets on UK...
The Payments Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have jointly initiated a call for information to assess the rapidly growing influence of digital wallets on both consumers and businesses in the UK.
Singapore banks enhance security to fend off phishing threats
In a recent announcement by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS), major retail banks in Singapore are set to overhaul their security protocols.
Lenovo partners with Trustly to introduce Open Banking at checkout across...
Lenovo, a leading global technology company, has unveiled its new Open Banking checkout service for customers in the UK and Europe.
How global regulatory compliance shapes financial services
Never before has the need for global regulatory compliance been so critical, with companies operating across international borders and facing a labyrinth of diverse regulatory frameworks. This comprehensive guide explores what global regulatory compliance entails, its significance, and the main compliance categories.
Singaporean Blockchain & Digital asset companies raise almost half of FinTech...
Key Singaporean FinTech seed investment stats in 2023:
• Singaporean FinTech seed funding totalled at $191m in 2023, a 49% drop from 2022
• Singaporean FinTech...
5 reasons why asset managers must embrace FCC automation
In an era where digital transformation is paramount, asset managers are recognising the indispensable role of automating Anti-Money Laundering (AML) processes.
Unveiling fraud’s frontlines: Strategies for securing the financial ecosystem
In the face of a burgeoning global fraud epidemic, the financial world is grappling with an ever-escalating threat that undermines the very fabric of our economies and societies.
ESAs call for changes to the monitoring of BigTechs’ financial services...
The European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) have released a comprehensive report, shedding light on the direct provision of financial services by BigTech companies in the EU.