FCA

THG wants to prove to FCA that stockbrokers conspired to push its share price down

January 10, 2022

THG has provided the Financial Conduct Authority (FCA) with a dossier of data it believes proves that hedge funds and stockbrokers conspired to push its share price down. The company’s…

Buy now pay later (BNPL) borrowing can be like slipping into quicksand, a charity has warned, as the Treasury launched a consultation into bringing the sector under regulation.

Crackdown on BNPL looms as consultation is launched

Companies Ecommerce Fintech

BNPL buy now pay later FCA Klarna Laybuy Retail StepChange tech

October 22, 2021

Jasdip Sensi

No Comments

Buy now pay later (BNPL) borrowing can be like slipping into quicksand, a charity has warned, as the Treasury launched a consultation into bringing the sector under regulation. Products allow…

The contactless card payment limit has increased from £45 to £100, although many retailers’ terminals will need to be updated so the option will not be available everywhere immediately.

Contactless card payment limit rises to £100

Payment

Contactless COVID 19 FCA Retail Treasury UK Finance

October 15, 2021

Jasdip Sensi

No Comments

The contactless card payment limit has increased from £45 to £100, although many retailers’ terminals will need to be updated so the option will not be available everywhere immediately. The…

Wise words from one of the most successful rappers of all time, words that should be headed by a number of the UK's growing demographic of people falling into the trap of buy now pay later (BNPL) schemes which are growing in strength.

“If you can’t buy it twice then you can’t afford it” – How BNPL schemes are ruining credit scores

Features Fintech

Afterpay BNPL Clearpay FCA Klarna Monzo Paidy

October 1, 2021

George Iddenden

No Comments

If you can’t buy it twice then you can’t afford it. – Jay Z Wise words from one of the most successful rappers of all time, words that should be…

Nearly two thirds of shoppers say they expect to be doing the majority of their shopping online in a years times after the post-lockdown excitement subsides.

“Buy Now, Pay Later” firms to be hit with FCA regulation amid growing debt fears

Industry Payment

buy now pay later Clearpay FCA Financial Conduct Authority Klarna Laybuy

February 3, 2021

Ben Stevens

No Comments

‘Buy now, pay later’ firms like Klarna and Laybuy will now face tougher regulations by UK authorities after their usage nearly quadrupled last year. The Financial Conduct Authority (FCA) will…

Contactless card spending will account for almost half of all transactions made in the UK by the end of next year as the pandemic has “forever changed the way consumers spend their money”.

Contactless limit could more than double to £100

Payment

Barclaycard BRC Contactless FCA Financial Conduct Authority

January 28, 2021

Ben Stevens

No Comments

Contactless payment limits could soon jump to £100 as the coronavirus pandemic forces a dramatic change of “behaviour in how people pay”. The Financial Conduct Authority (FCA) announced yesterday that…

Non-essential online shopping is “no longer a sin” according to delivery specialist ParcelHero as big-name brands continue to reopen their ecommerce operations.

Retailers could miss out on £60bn as new anti-fraud rules are introduced

Security

BRC British Retail Consortium FCA Federation of Small Business Financial Conduct Authority FSB SCA

April 26, 2019

Ben Stevens

No Comments

Retailers could lose out on as much as £60 billion of online sales if tough new anti-fraud rules are introduced. The British Retail Consortium (BRC) has warned that the “two-factor…

Footasylum introduces buy now, pay later scheme

Payment Point of Sale

credit Experian FCA Footasylum Laybuy New Zealand

March 11, 2019

Ben Stevens

No Comments

Footasylum will now offer its online customers credit, allowing them to buy now and pay later as it partners with Laybuy. The footwear retailer has partnered with the New Zealand…

FCA

Crackdown on BNPL looms as consultation is launched

Contactless card payment limit rises to £100

“If you can’t buy it twice then you can’t afford it” – How BNPL schemes are ruining credit scores

“Buy Now, Pay Later” firms to be hit with FCA regulation amid growing debt fears

Contactless limit could more than double to £100

Retailers could miss out on £60bn as new anti-fraud rules are introduced

Footasylum introduces buy now, pay later scheme

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