FCA to consult on a compensation scheme for motor finance customers
We will consult on an industry-wide scheme to compensate motor finance customers who were treated unfairly. Any redress scheme must be fair to consumers who have lost out and ensure the integrity of t...
US Policy Group Says China Is Scared of USD Stablecoins
The Council on Foreign Relations warns that USD stablecoins could reshape global finance and weaken Beijing’s control.
China is preparing to counter with tightly monitored digital money designed ...
FCA to consult on motor finance compensation scheme
Motor finance customers could receive a pay out after the FCA announced it will consult on an industry-wide compensation scheme. Many motor finance firms were not complying with rules or the law by no...
DeFi Will Not Bite: US Fed Relieves Mainstream’s Fear
Top Federal Reserve leaders are signaling a significant shift toward accepting blockchain technology and stablecoins within the financial mainstream.
The Fed officials delivered remarks at Wyomin...
DOJ Spokesman Seemingly Rejects Roman Storm Charges
The acting head of the DOJ’s Criminal Division obliquely referred to the Roman Storm case in a speech, claiming that the Department won’t invoke similar charges against software developers.
Th...
Gen Z Savings Rise Despite Paycheck Strain
Most consumers in the United States live paycheck to paycheck, but young generations are finding ways to hold on to more of what they earn.
PYMNTS Intelligence found that Generation Z consu...
