
How to get ready for the FCA’s Consumer Duty rules
The Payments Association’s Project Regulator has created a five-step checklist for firms that have fallen behind on preparing for the new rules.

The Payments Association’s Project Regulator has created a five-step checklist for firms that have fallen behind on preparing for the new rules.

Financial exclusion in the older population continues to rise and businesses must work together to find solutions that can help this group transition as payments become more digital.

The payments sector has the knowledge and expertise to make open finance a frictionless process that helps customers improve their financial health.

While those hit hardest by the cost-of-living crisis could benefit from using open banking, Stuart Wakefield questions whether the payments sector should be doing more to help.



