CMA announces next steps on future oversight of Open Banking

The Competition and Markets Authority (CMA) has published its recommendations for the future oversight and governance of Open Banking.

Competition and Markets Authority, Open Banking, regulation

Lloyds and Barclays reprimanded by CMA

UK-based banks Lloyds and Barclays have received notifications of failures in complying with Open Banking rules by the Competition and Markets Authority, AltFi reports. 

Barclays, Competition and Markets Authority, Open Banking, regulation

UK's CMA mandates Variable Recurring Payments

UK’s Competition and Market Authority (CMA) has decided to mandate Variable Recurring Payments (VRPs) as the mechanism for implementing sweeping.

Competition and Markets Authority, Open Banking, recurring payments, TPP

CMA consultation on future governance of Open Banking

Open Banking, Competition and Markets Authority, regulation

UK regulator stops the merge between FNZ and GBST

UK, regulator, FNZ, GBST, Competition and Markets Authority, CMA, supplier, retail, imvestment, software, data

UK Finance and Accenture release report, proposing next steps for open banking

UK, UK Finance, Open Banking, Accenture, Competition and Markets Authority, CMA, banking, CMA9, banks, Payments UK

Booking.com to disregard the rules on pressure-selling, says watchdog

A consumer’s watchdog has said Booking.com is continuing to mislead its customers despite receiving warnings from regulators, according to BBC.

Which, booking, ecommerce, Competition and Markets Authority, discount claims, hidden charges, pressure selling, transactions

British banks must disclose outages via API, FCA decrees

The Financial Conduct Authority has announced it is enforcing new rules that commit banks to publicly reveal the number and frequency of online outages.

Financial Conduct Authority, online outages, regulation, outage frequency, Competition and Markets Authority, major operational and security incidents, UK, API, Open Banking, Open API

FCA and CMA release UK bank scores in line with Open Banking

The UK`s Financial Conduct Authority and Competition & Markets Authority have released data on quality of service in Open Banking.

Financial Conduct Authority, Competition & Markets Authority, bank scores, Open Banking, SMEs, UK, personal current accounts, business current accounts