(source: fca.org.uk)
The Financial Conduct Authority (FCA), the U.K.’s financial watchdog, has found that some lenders are inflicting their credit card customers with an “unacceptable” number of...
Data breaches at financial services companies in the U.K. jumped fivefold last year, underscoring how the industry is a prime target for hackers. According to...
The following Deep Dive examines how the 2008 financial meltdown paved the way for existing AML/KYC practices, and how FIs can work toward remaining compliant.
Lloyds Banking Group is being criticized for making its overdraft fees more expensive and complicated for its customers. According to The Financial Times, on Monday...
Financial Services companies in the U.K. aren’t doing a good job keeping their IT systems up and running, with the Financial Conduct Authority (FCA) announcing...
In the United Kingdom, a peer-to-peer (P2P) property lender has taken what the Financial Times called “the unusual step” of asking a regulator for aid...
The Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA) announced on Thursday (Aug. 16) that consumers and small businesses will have better...
The U.K. financial regulator, the Financial Conduct Authority (FCA), announced its plans to complete its investigation into the Royal Bank of Scotland (RBS) by the...
The ongoing outage of TSB (Trustee Savings Bank) services in the U.K. isn’t just impacting consumers: The technical glitches that occurred as a result of...