Tag: banking
UK’s PRA fines HSBC £57m for “historic depositor protection failings”
HSBC was fined £57.4 million by the UK’s Prudential Regulation Authority (PRA).
Fine issued to HSBC's European holding company (HBEU) and UK subsidiary...
Dutch challenger Bunq prepares for UK relaunch as it reports first full year of profitability
Business Move: Bunq, the Dutch digital challenger, applies for an Electronic Money Institution (EMI) license in the UK.
Financial Success: Reported a net...
Louisiana’s b1Bank partners KlariVis for data analytics platform
B1Bank Partnership:B1Bank, a Louisiana-based community bank, has chosen KlariVis as its data analytics partner.
The partnership involves utilizing KlariVis Advantage, a core...
Swiss crypto neobank Sygnum lands $40m growth investment
Swiss crypto neobank Sygnum raises $40 million in a strategic growth round at a $900 million valuation.
Led by Azimut Holding, the round...
CFPB proposes new laws to stamp out NSF fees for transactions declined in real time
The US Consumer Financial Protection Bureau (CFPB) proposes a ban on fees for non-sufficient funds (NSF) charged by banks, credit unions, and certain...
ICYMI fintech funding round-up: Safty, Ozone API, WealthKernel and Karty
Safty Raises €11.3 MillionDanish fintech Safty secures €11.3 million in an investment round led by Upfin.
The investment includes participation from experienced...