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Uk Regulator Warns Insurers Banks About Responsible Use Of Customers Big Data - Latest News


UK watchdog warns financial firms over Big Data

LONDON (Reuters) - Britain’s banks and insurers ... firms have been using Big Data on customers, which can include social media use, for example to price motor or health insurance more accurately. But ... read more

US regional banks weigh scale as predators circle

Banking models are pivoting to digital,” he explains. “Convenience, seamless integration and the use of data and tech is a ... will distract you,” he warns. “Migrating to a new business model and meet... read more

Caring or creepy? UK banks turn to alerts to keep customers loyal

The digital banks also plan to increasingly use customer data to recommend a variety of products, from insurance to energy ... managing director for UK banks at brokerage KBW. Big banks are also inves... read more

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London Warns Of Higher Bank Costs And Customs Delays From ‘No Deal’ Brexit

But the papers also warn that UK customers could face higher costs ... EEA clients will no longer be able to use the services of UK-based investment banks,” the advice paper warns. A ‘no deal’ Brexit ... read more

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TSB warns of fraudsters cashing in on bank's continuing IT woes

"Don't forget if you are trying to pay a bill (e.g. your water bill), you can use your debit card to pay the provider directly." The bank brought in ... an angry backlash from customers and searching ... read more

Everything you need to know about working in regulatory technology

The automation of Big Brother The bulk of these investments will center around five main areas within regulatory compliance, according to a new report from securities regulator Finra. Perhaps the ... read more

British banks may need more capital

The central bank, which takes on the responsibility of regulating U.K. banks ... to the manipulation of the benchmark Libor lending rate, misleading customers about payment protection insurance and se... read more

Bank of England warns Brexit could still rock the City

City regulator the Financial ... particularly if it looks like the UK's powerhouse services sector could suffer. The Bank has previously stated that, to preserve the continuity of existing cross-borde... read more

BoE regulator fears Brexit planning will strain its resources

Mrs Morgan wanted to know if these plans threatened the UK's financial ... The PRA is responsible for the prudential regulation and supervision of approximately 1,500 banks, building societies, credit ... read more

FCA warns financial firms over Big Data

LONDON (Reuters) - Britain’s banks and insurers must take the lead in spelling out how they will use data collected ... firms and their customers. And regulation is central because it will help define ... read more

UK watchdog warns financial firms over Big Data

LONDON, July 11 (Reuters) - Britain's banks and insurers must take the lead in spelling out how they will use data collected ... firms and their customers. And regulation is central because it will he... read more



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