ASIC has warned businesses it will be targeting greenwashing, predatory lending and misleading insurance pricing promises this year, as part of a continuing focus on protecting consumers from financial harm.
Driverly has announced it has received direct authorisation from the Financial Conduct Authority (FCA) to sell car insurance after a thorough review of its processes and governance structure.
The US Securities and Exchange Commission (SEC) reached a settlement of $30 million with crypto platform Kraken, for the exchange's failure to register its staking-as-a-service program.
To address recent regulatory changes, SNB Capital has chosen global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR), to help build its local securities lending and borrowing business. As the largest broker and asset manager by market share in 2022 and a leading custodian in Saudi Arabia, SNB Capital will leverage Broadridge's Securities Finance and Collateral Management (SFCM) solution to grow the coverage of its Securities Services offering on local assets.
Today, the PSR has published its latest consultation on guidance to support payment service providers (PSPs, like banks and building societies) with providing correct data when they report their Authorised Push Payment (APP) scams data to the regulator.
Members of the European Parliament's (MEPs) Industry, Research and Energy Committee have given their support to a new digital identity framework, eID, by 55 votes to 8.
The dominance of a handful of cloud service providers in the financial sector raises concerns about operational resilience and the bargaining power vendors have in negotiations with smaller FS players, according to a US Department of the Treasury report.
