Tag: consumer protection

Durham University Business School has found that financial institutions need a dedicated regulatory framework for AI to cut risks and strengthen consumer protection. The research...

More than 10 million UK adults could soon see their finances handled by an AI agent, according to a landmark review published this week...

If the Revolut fine in Italy proves anything, it is that regulators police the gaps in financial promotions just as vigorously as the claims...

The Financial Supervisory Service (FSS), South Korea's financial watchdog, has signed a collaborative agreement with six industry associations and training bodies aimed at strengthening...

FinTechs are pursuing bank charters at unprecedented rates, but the path to independence is leading them straight into an increasingly turbulent regulatory environment. According to...

New York's new synthetic performer law may be narrow in scope, but it carries a far-reaching lesson for marketing and compliance teams: AI-generated people...

HSBC Bank Australia Limited, one of the country's largest retail banking operations, is facing a $35m court-imposed penalty after admitting it left customers dangerously...

California's Department of Financial Protection and Innovation (DFPI) has ordered San Francisco-based Yotta Technologies to pay a $1m penalty after finding the company systematically...

The UK government has introduced the Financial Services and Markets Bill to Parliament, a wide-ranging piece of legislation designed to modernise how the country's...

Moneysmart, the consumer education platform run by the Australian Securities and Investments Commission (ASIC), has published new guidance to help Australians navigate the growing...