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OPINION: Can innovation and growth sit comfortably alongside consumer protection?

Sir Thomas Bland, Deputy Chairman of Barclays Bank, unveils the first Barclaycash machine in the London borough of Enfield, UK, 27th June 1967. Behind him is Mr A. G. Norman, Chairman of De La Rue, and on the right is actor Reg Varney.
Sir Thomas Bland, Deputy Chairman of Barclays Bank, unveils the world’s first cash machine. Photo: Fox Photos/Hulton Archive/Getty Images

Gary Watson on themes and challenges in the recent FCA Dear CEO letter.

The Historic England blue plaque on the front of the Enfield branch of Barclays Bank reads LIVES MADE MUCH EASIER.  It celebrates the world’s first cashpoint, unveiled on June 27, 1967. Pure coincidence, of course, that a FCA Dear CEO letter entitled FCA priorities for payments portfolio firms, containing