The Financial Conduct Authority (FCA)’s interim feedback on its review into crowdfunding indicated tougher regulation ahead. Here’s some of the P2P industry’s initial thoughts.
James Meekings, Funding Circle’s co-founder and UK managing director
“We welcome the FCA’s review …
KUFLINK has hired fraud detection firm Contego to bolster its anti-money laundering checks.
The peer-to-peer platform, where loans are secured against property, said that implementing effective fraud mitigation and risk management is crucial for them to stay competitive.