Financial Conduct Authority

Online retailers risk losing £3.64m daily as SCA becomes mandatory

March 14, 2022

Online retailers who are not set up for Strong Customer Authentication (SCA) risk losing £3.64m every day as the two-factor authentication becomes mandatory today, Monday 14 March. Data from Barclaycard…

BNPL firms to refund unfair customer fees

Ecommerce News Payment

BNPL buy now pay later Clearpay FCA Financial Conduct Authority Klarna Laybuy Openpay payment Regulation Sheldon Mills

February 14, 2022

Jacqui Parr

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Buy Now Pay Later (BNLP) firms Clearpay, Laybuy and Openpay will be refunding customers who cancelled their order but were still charged late fees, following the latest guidance from the…

Buy now pay later calculations with calendar and calculator

BNPL is a “market that’s here to stay” – but what does the future hold?

Features Payment

BNPL buy now pay later Christopher Woolard Clearpay credit Divido finance Financial Conduct Authority Klarna Payl8r Rocio Concha Samantha Fogerty The Woolard Review

February 11, 2022

Isabel Cameron

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Buy Now Pay Later (BNPL) services have exploded in popularity over the past few years, with companies such as Klarna and Clearpay leading the market. In fact, nearly a fifth…

Klarna launches a physical card in the UK

Fintech News

Affirm Financial Conduct Authority fintech Klarna Klarna card Monzo Paypal

January 26, 2022

George Iddenden

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Klarna has announced it is launching a physical card in the UK through Visa. The card utilises the company’s buy now, pay later product and lets users defer payments on…

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…

Financial Conduct Authority

Online retailers risk losing £3.64m daily as SCA becomes mandatory

BNPL firms to refund unfair customer fees

BNPL is a “market that’s here to stay” – but what does the future hold?

Klarna launches a physical card in the UK

“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

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