FCA stories - Page 2

Seven influencers with 4.5m Instagram followers were sentenced for pushing an illegal FX scheme in a case the FCA says should warn others.

UK awareness of 'Pay by Bank' has plunged even as open banking payments surge, sparking calls for a single, standardised label at checkout.

Currenxie rolls out a UK multi-currency business account for SMEs, promising cheaper cross-border payments, FX and Visa Business cards.

Insurers race to clean and connect sprawling customer records into a single AI‑ready view, paving the way for hyper‑personalised cover.

Ecommpay to host London fintech forum on how money access, careers and care shape women's leadership for International Women's Day 2026.

Ghost broking scams are shifting from motorists to SMEs, with cases up 22% and average losses topping GBP £2,000 per affected business.

Oxford's Saïd Business School and Raidiam will design and test rival models to underpin the UK's future open finance and smart data regime.

Aviva has named Chris Cochrane as its next group Chief Information Officer, with his appointment due to take effect in summer 2026.

Incard secures UK EMI licence, bringing payments, cards and FX in-house as it scales its fintech orchestration platform for digital brands.

Curvestone AI debuts Mortgage Passport in FCA Smart Data trial, aiming to cut duplication in mortgage checks and boost compliance oversight.

Bizzdesign debuts in Tussell's Tech200, ranking 17th as UK public sector revenue surges 392% amid rising demand for digital transformation.

Ecommpay's fraud and compliance head Marija Solovjova wins Women in Risk & Compliance honour at 2026 FinTech Week Awards in Dubai.

FCA unveils final BNPL rules from July 2026, bringing sector under regulation as fintechs hail a proportionate, consumer-focused regime.

TISA urges the FCA to consumer-test pension transfer rule changes and align them with DWP rules to avoid delays and inconsistent outcomes.

The FCA will bring buy now, pay later under tougher UK rules from July 2026, forcing stricter checks and clearer protections for borrowers.

FDATA names Sumsub policy lead Kat Cloud to its board, signalling a sharper focus on identity, fraud and security in North American open finance.

Ecommpay has been named in the CNBC/Statista Top 150 UK FinTechs, highlighting London's enduring strength as a global payments hub.

Most UK adults have no plan for who inherits their digital assets, with over-55s least prepared despite new laws recognising online property.

Financial firms see strong AI returns but Riverbed survey shows most projects stall in pilots, held back by data quality and tool sprawl.

Poor-quality customer data has driven more than two-thirds of FCA AML fines since 2020, analysis finds, with penalties topping GBP £430m.