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FCA bows to pressure and allows more time for Strong Customer Authentication
As powerful cross industry groups piled on the pressure, the UK’s Financial Conduct Authority (FCA) has published its response to the European Banking Authority’s Opinion on Strong Customer Authentication (SCA) under... more
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The FCA: Level playing field or more enforcement?
On 1 August 2018, the Financial Conduct Authority (“FCA”) published Consultation Paper 18/21 on ‘General Standards and Communication Rules for the Payment Services and E-Money Sectors’. The consultation closes on... more
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Number of UK e-money providers more than doubles over two years
There has been a sharp rise in the number of e-money providers registered with the Financial Conduct Authority (FCA) over the last two years, with 79 now authorised in total, more than double the 38 authorised in 2013, according to Bovill, a financial services regulatory consultancy. E- money providers are part of a wave of new [...]
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