Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
It should come as no surprise to anyone that the UK has a fraud problem. Bosses at UK Finance, HSBC and NatWest have recently called out Companies House for, once again, facilitating business fraud. W...
Over the last three months, The House of Lords, European Commission and the Payment System Regulator (PSR) published detailed reports and proposals on how to prevent instant payment fraud. It is not e...
Fintechs rely on data and testing to build standout customer experiences that disrupt the market by challenging the status quo. But with the impending removal of cookies, how can they mitigate the ris...
Millions are spent annually on Know Your Customer (KYC) and anti-money laundering (AML) procedures as businesses strive to confirm identities and fight money laundering. The rise of online banking and...
A review of The House of Lords Fraud Act 2006 and Digital Fraud Committee’s new report, ‘Fighting Fraud: Breaking the Chain’ “Fraud is the most commonly experienced crime in England and Wales today a...
As financial institutions worldwide battle the headwinds of tighter monetary policy and slowing economic growth, they are having to do so in an environment of increased regulatory scrutiny. Last mont...
New regulations, and complying with them, are always a challenge for businesses when they come into place, particularly when they focus on financial processes. There are many regulations that have ...
Consumer debt rose to a new high of $15.6 trillion in the last quarter of 2021 from $14.3 trillion in the first quarter of 2021. With inflation reaching the highest level in four decades and millio
On 11 November 2022, the FTX group of companies, including quantitative trading firm Alameda Research, co-founded in September 2017 by Sam Bankman-Fried, and approximately 130 additional affiliated co...
According to the Bank of England, consumer credit is at its highest rate since March 2019. With the cost of living crisis and now the run-up to Christmas, we're expecting to see more consumers look to...
Crypto had been having a tumultuous season. Still, to see household name FTX fall, came as a surprise to many. The much-discussed cryptocurrency platform was launched in 2019. By 2021, they reported r...
Open Banking's global promise of data democratisation is in danger of faltering in Australia if policy-makers fail to address the needs of businesses. However if Open Banking bombs, the implications ...