Tag: UK

The deadline for the annual Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) submissions is set for Saturday May 31 for UK financial institutions.

A year after its latest funding round, Featurespace has bagged another £30m to expand its offerings.

With the coronavirus putting a lot of pressure on businesses, the UK Financial Conduct Authority has yet again extended the deadline for Strong Customer Authentication (SCA).

Governments around the world are clamouring for solutions to help them save the economy from the fallout of the coronavirus. RegTech Onfido is reportedly one of the tech firms the UK government is talking to for help.

Payfone, a digital identity platform, has released its mobile authentication services into the UK, helping financial institutions improve customer experiences.

The British government has amended its initiatives to help companies survive the global COVID-19 pandemic. Now, the country’s top financial markets watchdog has offered guidance as to what this will be regulated.

Applied Blockchain, a distributed solution developer, has netted £2m in a funding round led by Hong Kong-based venture investor QBN Capital.

The UK top financial market watchdog is proposing a three-month payment freeze among other measures designed to help people ride out the COVID-19 storm.

Britain is increasing the spending cap for contactless payments from £30 to £45 from April 1 to help people cope with the coronavirus outbreak. However, the move may increase the risk of fraud.

Despite being more than three years in the making, the UK’s divorce from the EU is still a cause of great uncertainty for financial services firms.