More than a quarter of adults in the UK characteristics of vulnerability such as poor health, low financial resilience or recent negative life events, according to a new survey conducted by the Financial Conduct Authority (FCA). Its latest Financial Lives survey (FLS), looking at consumers’ financial situations, the financial products they choose and their experiences…
Regulators are becoming far more active in the fintech space in order to understand the risks and concerns associated with this ever expanding industry. On this page we highlight: The work of international and national standard setters in identifying the risks posed by the use of fintech to financial institutions, to their customers and clients,…
Biannual analysis of global fintech investments. 2020 was a game-changer. Words became action as the global pandemic made digitalization a critical priority for businesses of every shape and size. The same can be said for incumbent financial institutions, and most importantly, for consumers. The changes we have seen this year will not likely stop when…
The Financial Stability Board (FSB) has released a report highlighting ten issues that merit the attention of supervisors and regulators, of which the first three are put forward as priority areas for international cooperation. The report (PDF 0.98 MB) highlighting ten issues that merit the attention of supervisors and regulators, of which the first three are put…
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