Organization
Financial Conduct Authority
23 articles
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FCA to Announce UK Car Finance Scandal Compensation Scheme Details
The FCA will disclose the final terms of its compensation scheme for 14 million UK car finance customers, outlining claims procedures and payouts. This move aims to resolve a long-running scandal affecting millions and could lead to substantial financial redress.
· 67d ago

Palantir Wins FCA Contract, Gains Access to Sensitive UK Financial Data
Palantir has obtained a contract with the UK's Financial Conduct Authority to access sensitive financial data. This move broadens Palantir's reach into British government services and raises questions about privacy and regulatory implications.
· 74d ago

UK FCA Ends £100 Contactless Card Limit, Banks Set New Payment Caps
The UK FCA has removed the £100 cap on contactless card payments, empowering banks to define their own limits. This enables banks to better respond to inflation and technological changes, affecting how consumers pay with contactless cards.
· 78d ago