Tag: UK Finance
New alliance forms to guide UK’s digital currency
Five associations have formed an alliance to help guide the UK’s digital currency future, through better policies, practice and regulation.
Over a third of UK finance companies agree mental health is...
Over a third of companies in the UK finance industry agree mental health is not a cultural priority within their organisation.
Starling Bank CEO criticises government for not including fraud in new...
Starling Bank's CEO and founder Anne Boden has criticised the UK government for failing to include financial fraud in the Online Harms Bill, arguing it will lead to more "heart-breaking stories".
FCA offers new guidance after UK government updates the Coronavirus Business...
From: RegTech Analyst The British government has amended its initiatives to help companies survive the global COVID-19 pandemic. Now, the country’s top financial markets watchdog...
Banking industry-funded police task force cracks down on coronavirus-related scams
Hackers and scammers have taken advantage of the COVID-19 crisis to launch email and phone scams. But now a police task force funded by the banking industry has set out to deal with the fraudsters.
How the coronavirus led to the UK upping the contactless payment...
Britain is increasing the spending cap for contactless payments from £30 to £45 from April 1 to help people cope with the coronavirus outbreak. However, the move may increase the risk of fraud.
The UK’s finance industry prevented a total loss of £1.66bn in...
The UK’s finance industry prevented a total of £1.66bn in fraud during 2018; however, £1.2bn was still stolen by criminals during the same period, a new study from UK Finance finds.
UK to stay in SEPA following a no-deal Brexit
The European Payments Council Board has accepted an application which will enable UK Payment Service Providers to continue in the Single Euro Payment Area (SEPA) schemes.