Retail

Cards issued by four major banks will enable retail payments to function in the event of internet or mobile services disruptions.

Companies that secretly vary prices based on how much they think individual customers will pay could be violating the FTC Act.

Warehouse giant partners with Scan Health Plan to offer Medicare Advantage and supplemental plans, extending its growing footprint in low‑cost healthcare services.

The FCA’s consultation CP26/23 will interest wholesale firms that do not directly serve retail clients but felt forced to change their business when the Consumer Duty was first introduced.

No new rules; the FCA’s approach is to double down on the existing outcomes-based approach, with Consumer Duty, SMCR, and operational resilience frameworks remaining at the forefront.

Regulator says the review sets out how AI could reshape retail financial services for consumers, firms, markets, and regulators by 2030 and beyond.

The FCA said the changes are part of its plans to give wholesale firms the confidence to apply the Duty proportionately.

Andrew Dipkin argues the “retailization” of private markets is transforming fund administration from a back-office function into critical infrastructure.