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Tag: Payment Services Regulations 2017

FCA underscores urgent need for robust control measures in UK payment...

The Financial Conduct Authority (FCA), the UK's principal financial regulator, sent a pointed "Dear CEO" letter on 16 March 2023. Initially, it praised the competition and innovation witnessed in the payment sector. However, this recognition was soon overshadowed by grave concerns.

Emma banking app receives FCA approval, partners with Monzo

Just days after receiving approval by the Financial Conduct Authority (FCA) approval, London-based Emma Technologies has integrated with challenger bank Monzo.
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