Category: Policy and Regulation

Upcoming European regulations, effective in October, will enhance payment security by mandating that the payer’s name must match the recipient’s bank account name, introducing a…

The Financial Conduct Authority (FCA) has raised alarms about issues with cryptoasset promotions, debt solutions, and claims management companies (CMCs). In 2024, 9,197 CMC promotions,…

Former President Donald Trump has unexpectedly fired Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB), raising concerns about consumer protection and financial…

The All-Party Parliamentary Group (APPG) on Investment Fraud and Fairer Finance has submitted a report to Parliament addressing serious concerns about investment fraud and regulatory…

Napier AI, a London-based provider of AI-driven financial crime compliance software, is transforming anti-money laundering (AML) efforts for financial institutions since its 2015 founding. Trusted…

Napier AI, a London-based provider of AI-driven financial crime compliance software, is making notable advancements in the banking and asset management industries since its 2015…

The EU AI Act will significantly alter the artificial intelligence landscape in Europe starting February 2, 2025, banning AI systems classified as posing ‘unacceptable risk’…

Wise, a London-based financial technology company, faces scrutiny from the Consumer Financial Protection Bureau (CFPB) for allegedly misleading customers about fees and failing to disclose…

In 2024, the fintech industry saw a notable increase in job vacancies, reaching 12,519 compared to 8,672 in 2023, driven by venture capital funding, AI…

Wise, a London-based financial technology company, faces scrutiny from the Consumer Financial Protection Bureau (CFPB) for misleading advertising practices related to fees and exchange rates…