Tag: banking

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Revolut secures UK banking licence with restrictions, enters mobilisation stage

Key Points:Licence Acquisition:Revolut has secured a UK banking licence with restrictions from the Prudential Regulation Authority (PRA). The company is now in...

Morgan Stanley buys stake in UK business payments start-up Sokin

Key Points:Acquisition Details:Morgan Stanley has acquired a significant stake in Sokin, a UK-based business payments start-up. Transaction led by Morgan Stanley Expansion...

FCA issues new guidelines to ensure cash access for consumers and small enterprises

Key Points:Objective:Ensure "reasonable access" to cash deposit and withdrawal services for personal and small business current accounts.Implementation Date:New guidelines take...

Kenya’s Diamond Trust Bank taps Network International for digital payment solutions

Summary of Diamond Trust Bank (DTB) and Network International Partnership Entities: Diamond Trust Bank (DTB, Kenya) and Network International (digital payments company serving MEA region) Key...

Rabobank taps Zafin to upgrade pricing, billing and invoicing capabilities

Key Points:Partnership Announcement:Rabobank has partnered with Zafin, a Software-as-a-Service (SaaS) solutions provider, to upgrade its pricing, billing, and invoicing capabilities.Objective:The...

Bank of Clarke partners with Greenlight for family money management solution

Key Points:Objective:Foster "healthy lifelong financial habits" among customers.Service Offering:Bank of Clarke customers can now register for a complimentary Greenlight subscription. ...