fscom News and Events

How the “challenger banks” have become the ‘challenged’ banks

[fa icon='calendar'] 28-Jan-2019 10:30:00 / by Jamie Cooke posted in challengerbanks

[fa icon="comment"] 0 Comments

Better customer service, cleaner user interfaces, simpler language, spending insights and even gambling blocks…digital banks or ‘challenger banks’ as they are commonly referred to, have taken the UK banking market by storm and with features like these, no wonder they are signing up thousands of new customers every day. However, as the large incumbents awaken from their slumber, are they starting to realise they must fight back no matter how much they make light of these new players?

Jamie Cooke, Managing Director of fscom, gives his opinion...

Read More [fa icon="long-arrow-right"]

Open Banking; not just for banks

[fa icon='calendar'] 17-Aug-2018 12:32:15 / by Alison Donnelly posted in challengerbanks, Regulatory compliance, Payments sector, E-money sector, Open Banking and SCA

[fa icon="comment"] 0 Comments

 

How is your business preparing for Open Banking? According to a HM Treasury paper published earlier this month, Open Banking ha s the potential to ‘boost UK GDP by more than £1 billion annually.’ The Paper heralds the advantages of openness and data sharing generally across sectors of the economy and discusses the government’s strategy to ‘put the UK at the forefront of the AI and data revolution.’ And indeed, the free flow of data has key advantages in terms of data analytics and personalising the sale of goods and services to customers.
Read More [fa icon="long-arrow-right"]

3 Approaches FinTechs Are Using to Create a Competitive Advantage

[fa icon='calendar'] 04-Oct-2017 12:59:16 / by Jamie Cooke posted in challengerbanks

[fa icon="comment"] 0 Comments

Read More [fa icon="long-arrow-right"]

Why financial services regulation is crucial to fintech

[fa icon='calendar'] 30-Jun-2017 11:02:31 / by Philip Creed posted in cryptocurrency, fincrime, challengerbanks, In the Media, Regulatory compliance

[fa icon="comment"] 0 Comments

Read More [fa icon="long-arrow-right"]

The Top 4 Regulatory Challenges for FinTechs in 2017

[fa icon='calendar'] 13-Apr-2017 08:22:27 / by Philip Creed posted in challengerbanks, Regulatory compliance

[fa icon="comment"] 0 Comments

­­­

Read More [fa icon="long-arrow-right"]

Banks Risk FCA Enforcement for Misuse of Currency Converters

[fa icon='calendar'] 30-Mar-2017 11:47:52 / by Alison Donnelly posted in challengerbanks, Regulatory compliance

[fa icon="comment"] 0 Comments

Payment institutions, banks and some e-money institutions have just received an email from the Financial Conduct Authority (FCA) issuing a stark warning regarding three main areas: 

Read More [fa icon="long-arrow-right"]