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SilverRock secures banking licence

News | Online & Mobile Banking | 24 May 2024

UK-based SilverRock Bank has announced that it secured its banking authorisation from the Prudential Regulation Authority after receiving GBP 50 million in funding. 

banking license, digital banking, online banking, online bank, lending, SMEs

UK regulators propose oversight for financial third parties

News | Online & Mobile Banking | 07 Dec 2023

The Bank of England, Prudential Regulation Authority and Financial Conduct Authority have proposed measures to oversee third-party services.

partnership, regulation, compliance, financial services

Bank of England plans to change the capital treatment for small business

News | Online & Mobile Banking | 20 Mar 2023

The Bank of England’s Prudential Regulation Authority has revealed its plans to change the capital treatment for small business lending.

SME lending, banks, banking, regulation

The Prudential Regulation Authority sets new priorities for 2023

News | Payments General | 12 Jan 2023

The Prudential Regulation Authority (PRA), the regulatory arm of the Bank of England, has set out its priorities for 2023 in a letter to chief executives of institutions.

banks, risk management, regulation, central bank, financial institutions

Neobank Alex obtains its banking licence

News | Online & Mobile Banking | 22 Dec 2022

The Australian Prudential Regulation Authority (APRA) has granted Alex, a digital challenger bank, its full banking licence. 

banks, banking license, fintech, neobanks, challenger bank