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Most website cookies in UK don’t meet GDPR compliance

Most cookies used in the UK do not consent to European data privacy and GDPR requirements, according to a new study from Aarhus University, MIT and UCL.

FCA seeks comments on opportunities of Open Finance

The Financial Conduct Authority (FCA) commenced a Call for Input (CfI) on opportunities created by Open Finance.

More than 50% of UK consumers ready to drop passwords for...

Over half of consumers (57%) in the UK would be happy to replace passwords and pins with biometric verification, according to a study from Equifax.

EBA releases guide to help consumers choose the best online bank...

The European Banking Authority (EBA) has released new advice for consumers when choosing an online banking or mobile banking services.

HSBC and Santander to refund customers after breaching CMA rules

HSBC and Santander are to refund their customers after they both failed to comply with the Competition and Market Authority’s (CMA) rules.

UK’s FCA launches consultation on benchmark administrators under SM&CR

The UK’s Financial Conduct Authority (FCA) has released a consultation on how to apply the Senior Managers Regime (SMR) to benchmark administrators.

Around 30% of Bó applications have been fraudulent

Bó, the new digital bank from RBS, has reportedly been hit by a wave of fraudsters during the short time it has been live.

SMEs want more education around Open Banking – Intuit Quickbooks claims

Despite Open Banking first being revealed two years ago, there is still a lot of confusion around what it actually is, a new study from Intuit QuickBooks claims.

Citigroup fined £43.9m for regulatory reporting failures

The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.

FCA warns overconfidence could cost a pensioner all their money

UK’s financial conduct authority warns that overconfidence could lose a person their entire pensions within just 24 hours.
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