Tag: consumer protection

Santander UK urges consumer-first payments strategy

Santander UK, one of the UK’s largest retail and commercial banks, has published new research calling for a consumer-first approach to the evolution of...

66% prefer banks with AI fraud protection

A new report from Alloy has found that while Americans are increasingly alarmed by the growing sophistication of AI-driven scams, they are equally eager...

FCA introduces new rules to safeguard client funds

The UK’s Financial Conduct Authority (FCA) has announced sweeping new rules aimed at tightening consumer protection across e-money and payment institutions, following damning figures...

FCA targets investment boost with advice shake-up

The FCA has unveiled plans to help millions in the UK better navigate pensions and investments by expanding access to financial advice.

Revolut launches in-app calls to combat impersonation scams

Revolut has unveiled its latest security measure, the introduction of in-app calls, to help customers safeguard against impersonation scams.

Regulatory pressure intensifies for digital banks amid rising scrutiny

Amid the rapid evolution of banking, digital-first banks like Starling and Metro Bank are facing increased regulatory scrutiny, particularly around AML controls. According to Corlytics,...

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.

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