Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | March 23, 2018

Scroll to top


Christopher Woolard

FCA warns mid-cost consumer lenders could be ‘overwhelmed by demand’

March 20, 2018 |

THE UK financial regulator is throwing its weight behind growing the mid-cost segment of the consumer lending market, after a senior executive warned that cheaper providers of debt are at risk of being “overwhelmed by demand”.

Christopher Woolard (pictured), executive … Read More

Orca accepted into regulatory sandbox scheme

December 5, 2017 |

PEER-TO-PEER investment platform Orca is one of 18 firms that have been accepted into the third phase of the Financial Conduct Authority’s (FCA) regulatory sandbox scheme.

The scheme lets firms test new products, services and business models in a live … Read More

City regulator warns against too much Open Banking hype

November 28, 2017 |

THE FINANCIAL services sector must be “careful about the hype” when it comes to Open Banking, the City watchdog has warned.

The Financial Conduct Authority (FCA) has said it will take a while for a “winning formula” to emerge but … Read More

FCA signs Hong Kong partnership to support fintech innovation

September 21, 2017 |

THE FINANCIAL Conduct Authority (FCA) has entered into a “co-operation agreement” with the Hong Kong Insurance Authority (IA), in a move which both parties say will help support innovation among fintech firms.

As part of the agreement, both bodies will … Read More

FCA to push for global fintech framework

April 10, 2017 |

THE FINANCIAL Conduct Authority (FCA) is pushing for an international regulatory framework to head off a fintech “Wild West”, the city watchdog’s head of strategy and competition said on Monday.

Setting international standards for the booming fintech sector will be … Read More

UK and Japanese regulators agree fintech co-operation

March 9, 2017 |

FINANCIAL regulators in the UK and Japan have signed an agreement to promote fintech businesses and market intelligence between their respective jurisdictions.

The UK’s Financial Conduct Authority (FCA) and the Financial Services Agency of Japan (JFSA) have exchanged letters outlining agreements … Read More

More pain for savers as cash ISAs fall below one per cent

December 2, 2016 |

THE average cash ISA is paying below one per cent for the first time ever, putting even more pressure on savers who can no longer find inflation-beating returns on the high street.

According to new data from Moneyfacts, the average … Read More

Full FCA approval could be imminent for P2P lenders

October 10, 2016 |

THE PEER-TO-PEER finance industry’s arduous wait for full Financial Conduct Authority approval could be ending soon, the regulator hinted on Monday.

Some of the biggest P2P platforms, which have interim permission from the City watchdog, have been awaiting full … Read More