Banks and FinTechs are racing to put AI agents to work. The agencies that police them are doing the same thing. The U.K. Financial Conduct Authority is embedding artificial intelligence across supervision and enforcement as it prepares to absorb about 60,000 additional businesses into its...
Financial regulation was built around a specific relationship: a licensed adviser who owes the client a duty of care, carries professional indemnity insurance and answers to a regulator if something goes wrong. General-purpose artificial intelligence (AI) models carry none of those obligations. They are not...
Starting next month, new pay later protections go into effect for British consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
A top U.K. finance watchdog says regulations cannot keep pace with artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
December 10, 2024
A wave of funding rounds over the past several months is giving challenger banks fresh financial firepower to position themselves as alternatives to traditional banks, mainstays of financial services that have been around for decades — even centuries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]
June 05, 2024
The respective online “walls of shame” that U.S. and U.K. regulators have proposed to erect — spotlighting companies under various investigations — may have a chilling effect on competition and...
February 15, 2023
The U.K. has launched a long-awaited consultation aimed at regulating the BNPL sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
December 24, 2021
This Christmas, the U.K.’s Financial Conduct Authority (FCA) is taking the fight against fraud to a whole new musical level. Get the Full Story Complete the form to unlock this...
July 26, 2026
Europe’s new digital asset regulation could help transform the ownership structure of the cryptocurrency sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]
June 25, 2026
Starting next month, new pay later protections go into effect for British consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
June 24, 2026
A top U.K. finance watchdog says regulations cannot keep pace with artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
May 18, 2026
The Financial Conduct Authority (FCA) and the Bank of England on Monday (May 18) issued a joint framework to accelerate tokenization within the U.K.’s wholesale financial markets. The initiative seeks...
