Financial Conduct Authority stories
Banked has acquired UK app VibePay to boost Pay by Bank with new incentives, expanding presence in UK, US, Australia, and accelerating global adoption.
London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.
As the EU's DORA regulation looms, financial firms are urged to bolster digital resilience or risk severe operational disruptions by January 2025.
Proofpoint launches its new Digital Communications Governance solution, promising AI-driven insights and robust compliance for organisations across major digital channels.
Haboo money partners with Griffin to launch a save-as-you-repay wallet, enhancing borrower flexibility and boosting loan repayment support in the UK.
HiQi partners with Ecommpay to enhance app payments in Portugal and Spain, enabling faster, compliant top-ups with diverse payment options.
Ecommpay has been named a finalist in the ICA Compliance Awards Europe 2025 for its innovative Risk Control Management System developed with Cable.
Senior UK regulators recently gathered to explore the potential of artificial intelligence in enhancing operational efficiencies across financial sectors.
Griffin has unveiled a partnership with Yonder alongside a beta launch of versatile bank accounts, aimed at enhancing customer payment experiences.
Ecommpay has clinched the Payments Innovation of the Year title at the FStech Awards 2025 for its pioneering global payments platform, enhancing user experience.
Cryptocurrency scams have surged in the UK, with victims losing GBP £306 million in 2023, prompting warnings for greater vigilance in the digital currency market.
British AI firm Aiimi has launched its Aiimi Insight Engine on the Microsoft Azure Marketplace, enhancing global workplaces' data management capabilities.
The Investment Association has welcomed the Chancellor's ambitious reforms for the UK financial services sector, emphasising growth and competitiveness.
The Crown Commercial Service designates Aiimi as an official AI provider, facilitating widespread AI solutions to enhance efficiency and data security in the public sector.
UK digital bank Griffin becomes the first in Europe to obtain B Corp certification, underlining its commitment to sustainability and ethical practices.
KPMG Law partners with Shieldpay to streamline legal transactions across the UK, using TPMA technology to enhance security and efficiency for corporate and real estate clients.
A new report by IFX Payments reveals that 78% of UK SMEs are set to expand globally despite facing challenges from ring-fencing regulations and Brexit.
Ciphr enhances its payroll capabilities by acquiring Shape Payroll, integrating Shape's advanced API-led solutions and expanding its reach within the UK market.
Trustly's 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.
Insurer Wakam launches its UK subsidiary, Wakam UK Limited, signalling a major expansion feat in the heavily regulated market.