Tag: Financial Conduct Authorit (FCA)

UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.

Open finance is the next step of open banking, which has already provided transparency and more opportunities in the finance sector. However, it also comes with risks.

British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.