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Fintech wrap: Fintech under Labour; PA recommends levy on big tech

Montage of a wooden mannequin holding a US $100 dollar bill.
GRIP Montage: Getty Images

Pundits speculate on Labour fintech policies and the Payments Association appeals to new government over fraud compensation.

Following the General Election victory for the Labour Party in the UK, incoming Chancellor Rachel Reeves said: “We will take on the hard work of reforming our public services, to make them fit for the future. We will work closely with our national, regional and local leaders to power growth