Tag: consumer protection
UK FinTech investment in Q4 2023 reaches $1.4bn more than previous...
Key UK FinTech investment stats in Q4 2023:
• UK FinTech deal activity totalled at 72 deals a 56% reduction from Q4 2022
• UK FinTech...
UK Blockchain & Digital Asset investment in 2023 on track to...
Key UK Blockchain & Digital Asset investment stats in Q1-Q3 2023:
• UK Blockchain & Digital Asset deal activity is on track to reach 97...
Singapore’s MAS introduces stricter regulations for digital payment token services
The Monetary Authority of Singapore (MAS) has recently unveiled its comprehensive responses to the feedback on its proposed regulations for Digital Payment Token (DPT) service providers in Singapore. These regulations are crucial in shaping the future of digital currencies in the country.
Navigating through MiCA: Unpacking the EU’s new crypto-asset regulations
The Markets in Crypto-Assets Regulation (MiCA) is setting a precedent, crafting a well-structured framework for regulating crypto-assets throughout the European Union (EU) which are not yet encased by current financial services legislations.
Understanding, identifying, and counteracting skimming in the digital age
In today’s digitally-dominated era, the benefits of swift and easy electronic transactions have become deeply ingrained in our daily activities. The simplicity of online shopping, card payments at dining outlets, and instant stock trading via our mobile devices epitomises modern financial convenience.
European FinTech seed deal activity set to hold steady in 2023...
Key European FinTech seed deal investment stats in Q3 2023:
• European FinTech seed activity totalled at 147 deals in Q3 2023, a 25% drop...
UK remains the most active FinTech seed deal country in Europe...
Key European FinTech seed investment stats in H1 2023:
• European FinTech seed deal activity is on track to reach 714 deals in 2023, a...
BNPL funding cools off in H1 after $6.9bn investment frenzy in...
Funding for Buy Now Pay Later (BNPL) has dropped significantly in 2023 and the sector is on track to report its lowest deal activity...
FCA bans referral fees to protect struggling consumers
The FCA has banned on referral fees for certain debt advice providers in an effort to support consumers facing financial difficulties.
Navigating the 2023 banking regulations: proactive compliance is key
Regulatory change in the banking industry appears to be on the horizon for 2023. Regional banks are already grappling with an intricate web of state, federal, and international compliance obligations.