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FCA and City Corporation work on digital sandbox

FCA and the City Corporation have announced their intention to collaborate on the pilot of the digital sandbox FCA had previously announced, designed to help innovative firms aiming to address the challenges Covid-19 has posed.

They aim to give these firms – which may be large financial institutions or start ups –  access to high quality data sets and expertise in detecting and preventing fraud and scams, supporting vulnerable customers and improving access to finance for SMEs that have suffered in the pandemic.

 

Emma Radmore