The rollout will help it keep up with Klarna, but well-established competitors in the market could limit its growth

We unpack the benefits, risks, and regulatory implications of AI’s impact on insurance.

Partnering with StepChange will help support struggling customers, but it raises questions around the harm BNPL can cause.

The FCA has cautioned that trading apps’ gamification can lead to “gambling-like behaviors” in amateur investors.

The FCA warned BNPL firms over “misleading adverts” and threatened breachers with criminal action.

Skyrocketing fraud in the UK will likely lead to repayment requirements. Banks want other firms to help.

More than half of consumers in the UK would switch their bank if it was caught laundering cash, new research shows.

Spiking client demand for ESG-focused investment products will drive AUM growth over the next three years. Yet a lack of quality or public ESG data threatens investment managers’ ability to offer accurate products and might see them run afoul of rising ESG regulatory standards.

The CFPB will use a dormant legal provision to examine nonbank financial companies that “pose risks to consumers.”

The UK’s FCA found that the banks may have inadequate financial crime defenses.

A public-private forum created by the Bank of England and the Financial Conduct Authority (FCA) highlights operational best practices for good data stewardship.

UK banks can capitalize on removal of open-banking friction: The Financial Conduct Authority’s repeal of the 90-day re-authentication mandate for users—plus an upcoming rollout of convenient repeat payments—will help banks enhance the customer experience.

Compliance risks loom for neobanks that ‘move fast and break things’: Digital-only banking players need to put anti-money laundering (AML) measures higher on their list of priorities and invest accordingly, a regulatory tech firm states in a new report.

A group of the country’s large banking players is hammering out a deal to jointly operate branches in underserved areas. If the agreement ends with more shuttered locations, it could prompt a backlash.

Incumbents and fintechs alike are launching teen investing accounts, and no amount of heightened regulatory pressure will stop them—here’s why.

Compliance will be key to promoting user trust, and fintechs should expect more regulatory scrutiny in the near future as the FCA aims to make the crypto sector safer for consumers.

UK regulator tells neobanks to knock off bank comparisons: Neobanks must inform their customers that they lack deposit protection—the latest instance of global regulatory pressure on challenger banks, which could prompt more to seek banking licenses.

Twenty-two percent of fintechs that took part in the UK’s regulatory sandbox have shut down, highlighting that doing so doesn’t guarantee market success, but fintechs should still participate to benefit from the Financial Conduct Authority’s regulatory support.