UKGC: ID checks belong at sign-up, not when you withdraw
The UK Gambling Commission said on 12 August 2026 that remote operators must finish identity checks before play. Incomplete sign-up data is still delaying withdrawals. Continue reading
Charlie Davids
AI Chatbots Exposed: Directing Vulnerable Users to Illegal Online Casinos
A recent investigation has revealed a concerning trend in the tech industry: major AI chatbots are actively recommending illegal, unlicensed online casinos to users. The analysis, conducted by The Guardian and Investigate Europe, highlights a significant failure in safety controls… Continue reading
UK Retailers Lose Revenue Amid Outdated Omnichannel Payments
A recent TechRadar article highlights the growing challenges facing UK retailers due to outdated payment infrastructures. Despite contactless and digital wallets accounting for 38% of all UK transactions, many merchants lack integrated solutions that connect cards, e-wallets, and terminal-free Soft-POS… Continue reading
FCA Launches 2026 Sterling Stablecoin Regulatory Sandbox
The UK Financial Conduct Authority (FCA) announced on 10 December 2025 that stablecoin payments will be a regulatory priority for 2026. As part of its latest policy update, the FCA revealed plans to launch a new regulatory sandbox allowing British… Continue reading
FCA Proposes Lower Late Fees for Small Firms
The Financial Conduct Authority (FCA) has launched a consultation on 5 December 2025 proposing to reduce the administrative fee for overdue regulatory returns from £250 to £100. This measure is intended to make late fees fairer and less burdensome, particularly… Continue reading
UK Open Banking Users Surge 40 Percent 2025
Open Banking adoption in the UK has reached record levels, according to Open Banking Limited’s Impact Report 7, published in December 2025. The number of active open banking users grew by 40% year-on-year, reaching 13.3 million as of March 2025.… Continue reading
UK Fast-Track Fintech Licensing Speeds Market Entry
On 4 December 2025, the UK Treasury unveiled a fast-track licensing regime for fintech startups, designed to accelerate market entry for payment and e-money firms. The system permits provisional operation for up to 18 months while awaiting full authorisation from… Continue reading
Prudential Regulation Authority Raises Deposit Protection Limit
The Bank of England’s Prudential Regulation Authority (PRA) has confirmed a significant increase to the deposit protection limit under the Financial Services Compensation Scheme (FSCS), raising it from £85,000 to £120,000 per eligible depositor, effective from 1 December 2025. The… Continue reading
PSR Details 2025 UK Payment System Enforcement Procedures
The Payment Systems Regulator (PSR) released an updated version of its Powers and Procedures Guidance (PPG) on 26 November 2025, clarifying the regulator’s approach to enforcement actions, fines, and formal directions for payment service providers in the UK. This revised… Continue reading
FCA Unveils Detailed Stablecoin Rules Consultation 2025
The UK Financial Conduct Authority (FCA) has announced the next phase of its regulatory approach to cryptoassets and stablecoins. In a keynote speech on 26 November 2025, FCA Payments Director David Geale outlined the authority’s intention to foster a trusted,… Continue reading