by Jyotsna Bucktowar | Apr 3, 2024
This initiative run by the regulators is intended to help facilitate the adoption of innovative technology in digital assets in the UK. The consultation is relevant to firms intending to apply to enter the DSS and be approved as a sandbox entrant, as well as firms...
by Jyotsna Bucktowar | Mar 5, 2024
Digital financial services have spread dramatically in the Asia-Pacific region as many people living in emerging nations, who still do not have access to face-to-face financial services, jumped at the convenience of smartphones to make daily payments… ...
by Jyotsna Bucktowar | Nov 14, 2023
The video gaming industry was followed by the retail sector with suspected digital fraud attempt rate of 11.3 percent while financial services came in third with 8.3 percent. Other sectors include insurance (7.1 percent), communities such as online dating and...
by Jyotsna Bucktowar | Jul 12, 2023
The FCA welcomes the government’s call for the UK to be the global hub of AI regulation and will open our AI sandbox to firms wanting to test the latest innovations. Big Tech’s role as the gatekeepers of data in financial services will be under increased...
by Jyotsna Bucktowar | Feb 23, 2023
The digital pound would be a new form of digital money issued by the Bank, for use by households and businesses for their everyday payments needs. The consultation paper notes that the digital pound is likely to be needed in the future, but does not yet make a...
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