safeguarding Archives - New Money Review

Tag: safeguarding

FCA warns on fintech risks

March 16, 2023 Comments are Disabled

The Financial Conduct Authority (FCA) today warned that some financial technology (fintech) firms present an ‘unacceptable risk of harm’ to customers and to the broader financial system as a result […]

No clarity on Revolut safeguarding

March 7, 2023 Comments are Disabled

Got funds on your Revolut card? If you do, you may wish to know what do the firm’s recent accounting problems say about the safety of its clients’ money. Read […]

FCA warns of more payment firm failures

January 25, 2021 Comments are Disabled

Last year’s high-profile insolvency of German fintech giant Wirecard may be followed by more failures among payment firms and electronic money (e-money) institutions (EMIs), the UK financial markets regulator, the […]

How safe is e-money?

September 22, 2020 Comments are Disabled

Earlier this month, the governor of the Bank of England made it clear that customers of electronic money (e-money) firms are less protected against a corporate collapse than customers of […]

FCA ends light-touch e-money regulation

July 9, 2020 Comments are Disabled

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 […]