Feed Items
Artificial Intelligence (AI) is reshaping industries, including financial services. It has the potential to transform decision-making and customer experiences in UK financial services for the better. But it also raises concerns about how it can be used safely and responsibly. This can slow the pace... Read More
The FCA found that the design of some digital loan processes lacks positive friction and excludes information consumers need, for example, on cost. Lenders’ online and in-app application processes can help prospective borrowers understand what they’re signing up for, a review by the FCA has... Read More
Sigma Broking Limited (Sigma) has been fined £1,087,300 for failing to submit complete and accurate transaction reports for 5 years. The FCA’s monitoring systems identified issues with the transaction reports submitted by Sigma, which were raised with the firm in May 2023.In January 2024, Sigma... Read More
Artificial Intelligence (AI) is reshaping industries, including financial services. It has the potential to transform decision-making and customer experiences in UK financial services for the better. But it also raises concerns about how it can be used safely and responsibly. This can slow the pace... Read More
The FCA found that the design of some digital loan processes lacks positive friction and excludes information consumers need, for example, on cost. Lenders’ online and in-app application processes can help prospective borrowers understand what they’re signing up for, a review by the FCA has... Read More
TRM Labs announced the launch of Beacon Network, the real-time crypto crime response network. Built in collaboration with law enforcement, exchanges, and stablecoin issuers, Beacon Network is designed to “prevent illicit funds from leaving the blockchain.” Founding members “include Coinbase, Binance, PayPal, Robinhood, Stripe, Kraken,... Read More
A Special Master appointed by the Delaware District Court has recommended formal sanctions against both Envestnet and Yodlee, as part of a legal battle with FinancialApps LLC. FinancialApps claims trade secret misappropriation. Bain Capital recently acquired Envestnet, and Yodlee was acquired by STG Partners. According to... Read More
On August 21, 2025, China’s mainland stock market reached a significant milestone as the Shanghai Composite Index closed at its highest level since August 2015, climbing 0.13% to 3,771.10 points. The blue-chip CSI300 index also saw gains, rising 0.39% on the same day. As first... Read More
PwC, a global network of firms providing audit and assurance, tax and legal, and deals and consulting services, announced an expanded partnership with Workday, Inc. to develop and deliver new custom industry apps through the built on the Workday platform. Through this partnership, PwC firms... Read More
Commodity Futures Trading Commission Acting Chairman Caroline D. Pham announced recently that the CFTC will begin its next crypto sprint initiative for “implementation of the recommendations in the President’s Working Group on Digital Asset Markets report.” Starting on August 21, 2025, Acting Chairman Pham will... Read More