The financial landscape is shifting fast. Here are three key updates you should know:
âś… New Regulations (UK & EU)
- PSD3 & Open Finance – More security, more data sharing.
- Stricter AML Rules – Tougher compliance requirements.
- UK Reforms – The FCA is tightening policies on fintech and payments.
✅ Confirmation of Payee (CoP) – A New Era for Payment Security?
CoP is being rolled out to prevent fraud by verifying recipients before payments are made. This could be the start of a bigger security overhaul.
âś… Industry Trends to Watch
- AI in compliance
- Embedded finance growth
- The rise of digital currencies
đź’¬ What do you think?
- Will CoP make a real impact on fraud?
- Are regulations helping or hurting businesses?