UK FCA has tightened the leash on Dzing Finance Ltd, a payment institution controlled by Tatjana Orlova and Mikhail Nadel. Almost 20% of payments processed by the firm in the past year have been marred by fraud, prompting the UK Financial Conduct Authority (FCA) to step in with stringent measures.The FCA, on October 22, 2023, issued a firm yet concise notice, asserting that Dzing has consented to halt the onboarding of any new retail customers.