Tag: consumer protection
Korea to expand cardholder payback for phishing losses
Korea’s Financial Supervisory Service (FSS) is preparing significant reforms that could allow credit card users affected by voice-phishing and smishing scams to receive compensation.
The...
Why South Africans face rising digital fraud threats
South Africans are increasingly exposed to digital crime as their personal information circulates more freely across the internet.
According to RelyComply, fraudsters know exactly which...
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...










