cma

UK Regulator: AI’s ‘Positive Future’ Isn’t a Guarantee
UK Regulator: AI’s ‘Positive Future’ Isn’t a Guarantee
September 18, 2023  |  artificial intelligence

The U.K.’s competition regulator thinks artificial intelligence can have a positive impact — when managed correctly. “There is real potential for this technology to turbo...

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Open Banking’s US Success Will Be Use-Case Specific
Open Banking’s US Success Will Be Use-Case Specific
September 01, 2023  |  Banking

At first glance the latest open banking stats coming out of the U.K. might hint at a seismic shift in payments across the pond. And...

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UK’s CMA Finds HSBC Failed to Share Payment Transaction Histories
UK’s CMA Finds HSBC Failed to Share Payment Transaction Histories
July 25, 2023  |  Regulation

The U.K.’s Competition and Markets Authority (CMA) has found that HSBC has breached an order that requires banks to send payment transaction histories to some customers. Part 5...

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eCurrency Mint and CMA Form RTGS/CBDC Partnership
eCurrency Mint and CMA Form RTGS/CBDC Partnership
June 26, 2023  |  CBDC

eCurrency Mint has joined forces with financial markets solutions provider CMA. The partnership, announced Monday (June 26), will provide customers with an integrated real-time gross settlement (RTGS) and central...

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The Race to Regulate AI Risks Could Reshape Global Markets
The Race to Regulate AI Risks Could Reshape Global Markets
May 08, 2023  |  artificial intelligence

While American companies lead the artificial intelligence (AI) development charge, U.S. policymakers risk falling behind. The dangers inherent to the abuses of AI technology, including...

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UK Watchdog Jumps on Board Wave of AI Regulations
UK Watchdog Jumps on Board Wave of AI Regulations
May 04, 2023  |  Artificial Intelligence

The United Kingdom’s antitrust watchdog is the latest government entity calling for artificial intelligence (AI) regulations. “AI has burst into the public consciousness over the...

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Google Offers Developers More Payment Freedom on UK Play Store
Google Offers Developers More Payment Freedom on UK Play Store
April 19, 2023  |  Google

Google wants to give developers promoting apps on its British Play store more billing choices. According to an announcement Wednesday (April 19) by the U.K.’s...

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UK Open Banking Use Boosted by Consumers’ Embrace of the Digital Economy
UK Open Banking Use Boosted by Consumers’ Embrace of the Digital Economy
March 07, 2023  |  Connected Economy

Increased British adoption of open banking this year may be making headlines after the announcement of a new regulator focusing on the space — but this...

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UK Competition Authority Calls Out HSBC for Open Banking Failures
UK Competition Authority Calls Out HSBC for Open Banking Failures
January 19, 2023  |  Bank Regulation

The U.K.’s Competition and Markets Authority (CMA) has found HSBC breached its open banking order. The breach in question relates to the Retail Banking Market...

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