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CASS plays Casanova to CMA’s current account commitments

The UK’s Current Account Switch Service (CASS) says it meets one of the commitments set out in response to the Competition and Markets Authority’s (CMA) final report into retail banking. As Banking...

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Cennox acquires Diebold UK & Ireland business

“Hugely excited” by the Diebold UK & Ireland acquisition As a result of the ruling of the UK’s Competitions and Markets Authority (CMA), Diebold Nixdorf is shedding some of its business. Diebold UK...

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UK watchdog pushes hard on open banking plan

Alasdair Smith, CMA inquiry chair The UK’s Competition and Markets Authority (CMA) is ramping up its efforts for open banking within the nation’s retail banking scene. As reported in February, the CMA...

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UK watchdog reveals rules to fuel open banking

Open banking rules UK Open Banking, the implementation entity set up by the UK’s Competition and Markets Authority (CMA), has released its accounts and transaction information and payments initiation...

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Top fintech stories this week – 7 July 2017

Packed with fintech goodness Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Banking Technology July/August 2017 issue out now All the fintech goodness the...

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UK competition watchdog tells ICE to sell Trayport

The UK’s Competition and Markets Authority (CMA) has finally decided that Intercontinental Exchange (ICE) should sell Trayport to preserve competition in wholesale energy trading. As Banking Technology...

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UK watchdog backs PSR plan for merger of three payment bodies

Let the bodies hit the floor… The UK’s Payment Systems Regulator (PSR) has got approval from the Competition and Markets Authority (CMA) for its plan for the consolidation of the operators of three...

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UK regulator balances the looks for current accounts

Sings go compare… The UK’s Financial Conduct Authority (FCA) has launched proposals to help people compare the service levels for personal and business current accounts. The FCA proposes that firms...

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UK watchdog approves Cardtronics purchase of ATM provider DCP

UK watchdog now approves ATM merger Cardtronics’ $460-million purchase of rival ATM provider DirectCash Payments (DCP) has finally been approved by the UK’s Competition and Markets Authority (CMA)....

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UK regulator reveals retail banking remedies

Overdraft warnings are one of the fixes the UK’s Competition and Markets Authority has brought in as part of its retail banking investigation. As reported in ye olde 2016, the CMA unveiled its plans to...

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UK watchdog takes legal action over Barclays PPI breach

The UK’s Competition and Markets Authority (CMA) has taken action against Barclays after it failed, for a second time, to send annual reminders to payment protection insurance (PPI) customers. Yo!...

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FCA and CMA demand transparency in banking service quality

The UK’s Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA) have released new rules to allow consumers and small businesses to have better information about the banking...

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UK watchdog investigating Nasdaq’s $190m bid for Cinnober

The UK’s Competition and Markets Authority (CMA) is looking into Nasdaq’s $190 million all cash offer for Swedish trading tech firm Cinnober. OK in UK? As reported in September, Nasdaq said the...

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PayPal’s iZettle acquisition raises UK competition concerns

The UK’s Competition and Markets Authority (CMA) is snooping around and says that PayPal’s takeover of Swedish start-up iZettle could lead to higher prices or reduce the range of services for...

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CMA clamps down on open banking implementation

The Competition and Markets Authority (CMA) has issued Directions to five banks in respect of the Retail Banking Market Investigation Order 2017. The nine mandated institutions are referred to as the...

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UK competition watchdog tells ICE to sell Trayport

The UK’s Competition and Markets Authority (CMA) has finally decided that Intercontinental Exchange (ICE) should sell Trayport to preserve competition in wholesale energy trading. As Banking Technology...

View Article

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Clik here to view.

UK watchdog backs PSR plan for merger of three payment bodies

Let the bodies hit the floor… The UK’s Payment Systems Regulator (PSR) has got approval from the Competition and Markets Authority (CMA) for its plan for the consolidation of the operators of three...

View Article


Image may be NSFW.
Clik here to view.

UK regulator balances the looks for current accounts

Sings go compare… The UK’s Financial Conduct Authority (FCA) has launched proposals to help people compare the service levels for personal and business current accounts. The FCA proposes that firms...

View Article

Image may be NSFW.
Clik here to view.

UK watchdog approves Cardtronics purchase of ATM provider DCP

UK watchdog now approves ATM merger Cardtronics’ $460-million purchase of rival ATM provider DirectCash Payments (DCP) has finally been approved by the UK’s Competition and Markets Authority (CMA)....

View Article

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Clik here to view.

UK regulator reveals retail banking remedies

Overdraft warnings are one of the fixes the UK’s Competition and Markets Authority has brought in as part of its retail banking investigation. As reported in ye olde 2016, the CMA unveiled its plans to...

View Article
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