Latest Regulation & Compliance News: Finextra Research

FCA seeks feedback on scrapping £100 contactless limit

The UK Financial Conduct Authority is inviting feedback on its previously-floated proposal to remove the £100 contactless limit on card payments.

14 March 2025

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Senate votes to scrap CFPB oversight of Big Tech payment apps

The US Senate has voted to overturn a Consumer Financial Protection Bureau rule that would give the watchdog oversight of tech giants, such as Apple, Google and X, that offer digital payment apps and wallets.

13 March 2025

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Exciting lineup revealed: Meet the first 10 speakers for NextGen Nordics

The Nordic payments ecosystem is among the most innovative and forward-thinking in the world. As digital payments continue to evolve and transform the financial landscape, it is crucial to have experts who can guide and shape this transformation. The following individuals — confirmed speakers for NextGen Nordics 2025 at Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025 —are recognised leaders in the Nordic payments industry, and their expertise makes them the best speakers on trends within this space.

12 March 2025

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UK Government confirms plans to scrap Payment Systems Regulator

The UK Government has confirmed plans to abolish the Payment Systems Regulator, slashing red tape in a bid to boost economic growth.

12 March 2025

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FCA seeks regulatory clarity over lacklustre AI adoption by UK banks

The FCA is to host a roundtable with banking industry leaders over concerns that onerous compliance requirements are stifling investment in artificial intelligence.

11 March 2025

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Revolut and Visa file legal challenges over PSR's plan to cap fees

Revolut and Visa have filed legal challenges against the Payment Systems Regulator over the UK watchdog's decision to cap interchange fees on cross-border online payments, according to the Financial Times.

07 March 2025

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Markets unmoved by Trump's Bitcoin reserve plan

Bitcoin's price dipped on Thursday as markets were left underwhelmed by an executive order from President Donald Trump creating a strategic reserve made up of the cryptocurrency already owned by the government.

07 March 2025

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PSR to take action against card schemes after 25% hike in fees

The UK's Payment Systems Regulator is take action against Mastercard and Visa in the wake of steep hikes on card fees by the duopoly.

06 March 2025

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CFPB drops suit against JPMorgan, BofA and Wells Fargo over Zelle fraud

The Consumer Financial Protection Bureau has dropped a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo which had accused the banks of allowing fraud to "fester" on P2P payments platform Zelle.

05 March 2025

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DORA: Learn how to fortify operational resilience at NextGen Nordics

The introduction of the Digital Operational Resilience Act (DORA) in 2022 marked a pivotal shift, requiring financial institutions to bolster their ability to withstand and recover from a range of cyber and operational disruptions. The upcoming NextGen Nordics 2025 event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025 promises to be a unique platform for banking professionals and industry leaders to explore how DORA is reshaping the financial ecosystem, focusing on operational resilience, cybersecurity, and the future of innovation in the sector.

04 March 2025