Other News

FCA ends light-touch e-money regulation

The UK’s Financial Conduct Authority (FCA) has signalled an end to the light-touch regulation of payment and electronic money (e-money) firms, which have been at the forefront of the UK’s […]

Breaking tech platforms’ grip

A European data market will help break the grip of large digital platforms like Facebook, Google, Apple and Amazon, says Michael Salmony, our guest on the latest New Money Review […]

Wirecard case raises e-money concerns

The Wirecard collapse raises questions over the safety of funds kept by electronic money and payment services firms. Spot the difference On the face of it, there’s very little difference […]

FCA reverses Wirecard UK freeze

The UK financial services regulator has reversed its Friday decision to suspend the activities of Wirecard Card Solutions Limited, an action which precipitated the freezing of up to 60 prepaid […]

Trade body warns of lasting fintech damage

In an open letter to the UK’s Financial Conduct Authority (FCA), the UK’s Emerging Payments Association has warned of lasting damage to the UK’s financial technology sector as a result […]

Wirecard fallout hits millions of workers

The effects of Wirecard’s collapse are now rippling around the world, depriving millions of workers in the global freelance economy from access to their money. Many of those without formal […]

Where’s my money? Wirecard and tether

When you place money on deposit you expect to get it back. Many people say that’s the original concept of banking: you pass your funds across a desk into safe […]

Brazil blocks Facebook’s payments push

Brazil’s central bank has put an apparent stop to Facebook’s payments plans in the country only a week after the tech giant announced the launch of a new WhatsApp-based digital […]