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Klarna Shares Drop Below IPO Price Amid Widespread Tech Slump
Klarna’s shares reportedly dropped below their initial public offering price for the first time Friday (Sept. 26) amid a widespread weakening of technology stocks. The company’s stock f...

Jared Kushner’s Firm Is Said to Be Part of $50 Billion Buyout of Electronic Arts
Mr. Kushner’s private equity firm, Affinity Partners, is said to be in talks with the Saudi sovereign wealth fund and Silver Lake to buy out the video game giant....

Scott & Mears Credit Services Limited enters administration 
On 2 September 2025, Scott & Mears Credit Services Limited (SMCS), a debt collection firm, went into administration. Louise Longley and Julian Pitts of Begbies Traynor (Central) LLP were appointed as ...

Proposed contactless changes could increase convenience for consumers
Consumers could benefit from the convenience of contactless payment when making larger payments, under proposals being consulted on by the FCA. The FCA wants to give card providers the flexibility to ...

First court appearance for three ‘finfluencers’ charged in FCA-led global crackdown on illegal promotions
Charles Hunter, Kayan Kalipha and Luke Desmaris appeared before Westminster Magistrates’ Court, each individually charged with an offence relating to their social media posts. The individuals – of...

Showing financial crime the red card
Speech by Steve Smart, joint executive director of enforcement and market oversight, at the 1LoD Financial Crime Summit. Financial crime is still too often seen as a lesser offence. A small-scale scam...

Tax-free pension lump sums and cancellation rights
Our statement explaining how FCA rules on cancellation rights, to complement an HMRC statement about how tax legislation applies to tax-free pension lump sums. On 25 September 2025, HMRC published new...

The Blink security camera app was down, but Amazon rolled out a fix
The app for Amazon’s Blink security cameras experienced an issue for a few hours Friday night prevented users from accessing their cameras, but Amazon has rolled out a fix, spokesperson Emma ...

Amazon Prime must pay a $2.5 billion settlement — how to claim your refund
Amazon settled with the FTC over allegedly duplicitous Prime subscription tactics. Here's how to claim your refund....

Perplexity Says New Search API Accesses Same Infrastructure as Public Search Engine
Artificial intelligence startup Perplexity has launched an application programming interface (API) that it claims provides developers with access to the same infrastructure that powers the company’s...

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