UK MPs call for sanctions and payment delays to combat fraud
UK MPs call for sanctions on banks failing to meet deadline for new account check rule and to implement 24-hour delay on payments to help combat fraud.
Facebook is accused of discriminating against female financial services consumers
Mark Zuckerberg’s legal woes do not seem limited to getting regulators to approve of Libra, but now Facebook is facing accusations of discriminating against women and old consumers.
France snubs the EU’s life insurance recommendations for UK policy holder in case of...
The top French insurance watchdog has rejected the EU’s recommendation to up uphold life insurance policies signed in the UK, but where the policy holder has moved to another member state.
Koine recieves e-money authorisation from UK’s FCA
Koine, which offers segregated, institutional custody and settlement of digital assets, has received authorisation from the UK’s Financial Conduct Authority (FCA) for the issuance of electronic money.
Florida men who spent over $1m of clients money orderd to pay $2.2m fine...
Two men from Florida have been found guilty of foreign exchange fraud and are ordered to pay massive fines after spending over $1m of their clients' money on things like cars, travel and restaurants
ESMA and the FCA respond to yet another Brexit delay
Brexit has been delayed again, with the EU granting the UK another three-month extension to sort out its divorce from the other member states.
DataVisor launches new partner programme
DataVisor, a fraud detection company, has launched its partner program to support its move into new verticals and geographies.
EU antitrust regulators put Apple Pay in its crosshairs
Apple is about to face more scrutiny from European regulators about whether or not the tech titan asked online sales companies to use Apple Pay rather than rival payment services.
Datameer raises funds to support new product launch
Datameer, a data preparation and exploration solution, has secured $40m in funding to support the launch of its cloud-native self-service solution.
Regulators must punish traditional and challenger banks harsher to avoid IT failures, MP committee...
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.
