Found 37 results in 984 milliseconds.
The Bank of England has launched an investigation into allegations regarding potential security risks concerning customer data at Metro Bank.
banks, data protection, data privacy, cybersecurity
The Bank of England, Prudential Regulation Authority and Financial Conduct Authority have proposed measures to oversee third-party services.
partnership, regulation, compliance, financial services
Building onto our previous reporting related to the partnerships that took place in Q3 2023 within the payments and commerce space, this analysis focuses on the banking and fintech industry.
banking, fintech, fraud prevention, financial crime, Open Banking, Open Finance, crypto, web3, The Paypers Quarterly Analysis series
The Payments Association has released a new whitepaper exploring the growth potential and future of cross-border payments.
report, cross-border payments, payments , digital payments, digitalisation
Revolut has announced a share deal with SoftBank to eliminate difficulties with its UK licence.
mobile banking, online banking, banking license, financial services, fintech, regulation
Security and transaction monitoring solutions provider Sumsub has announced its membership to The Payments Association, a community in payments.
partnership, payments , fraud prevention, KYC, KYB, transaction monitoring, compliance, fintech, paytech
The UK has passed a bill that gives regulators the power to supervise crypto and stablecoins.
cryptocurrency, regulation, compliance, stablecoin, FCA
The Bank of England has told the Treasury that it is planning to reject Revolut's application for a banking licence, after a two-year campaign by Britain's most valuable fintech company.
banks, banking license, fintech, payments , crypto
Lloyds Bank has confirmed that two of its branches in Sussex (Beach Road in Littlehampton and The Street in Rustington) will close in May and June of 2023.
banks, online bank, regulation, ATM, digitalisation
The Bank of London, UK’s sixth principal clearing bank, has extended its Series C funding round by USD 40 million to now reach USD 160 million.
banks, funding, regulation, investment, payments
The Payments Association has announced the launch of project ESG to encourage companies in the payments industry to adopt sustainable progressive strategies.
payments infrastructure, sustainability , fintech, ESG, green finance
The Federal Reserve, FDIC and OCC have released a joint statement in order to warn banks about the risks associated with crypto assets.
cryptocurrency, digital assets, banks, regulation
The UK has enforced a tax exemption for foreign investors purchasing crypto through local investment managers or brokers starting from January 1, 2023.
crypto, regulation, cryptocurrency, investment, DeFi
Information and insights company TransUnion has partnered Fiinu Bank to enable its overdraft solution with TransUnion’s Open Banking capabilities and credit reference data.
partnership, banking, Open Banking, financial data, data analytics, financial inclusion, overdraft
LHV UK has started issuing small and medium enterprise (SME) loans as the Financial Conduct Authority (FCA) approved the company's Annex I financial institution registration.
SMEs, financial services, financial institutions, money laundering, regulation
UK-based digital bank Kroo has rolled out a two percent interest current account, with hopes to help Brits save more, as reported by AltFi.
product launch, digital banking, neobanks
UK-based business banking platform Tide has announced it will acquire Funding Options, a UK marketplace for business finance, subject to FCA approval.
funding, lending, B2B payments, investment, acquisition
In a discussion paper, the UK financial supervisory authorities have assessed the benefits, risks, and harms related to the current legal framework that applies to AI in financial services.
artificial intelligence, machine learning, financial services, regulation, banks
UK-based fintech Fiinu has selected Estonia-based Tuum as the main banking platform to power its Plugin Overdraft solution.
fintech, Open Banking, credit scoring, bank account
The Crypto and Digital Assets All Party Parliamentary Group (APPG), an UK forum for regulators and interested parties, has announced details of an inquiry into the UK Crypto and Digital Assets sector.
cryptocurrency, regulation, crypto, digital assets, blockchain