Tag: BankingTech
Banco Santander, BBVA and CaixaBank team up to tackle fraud with FrauDfense
Three Spanish banking giants, Banco Santander, BBVA, and CaixaBank, have united to combat financial fraud by establishing FrauDfense, a joint venture focused on sharing...
UK challenger Atom Bank records first ever annual operating profit
UK digital challenger Atom Bank has achieved its first annual operating profit of £4 million in FY23, attributing its success to a strong customer...
The Bank of London formally submits application for EU banking licence
The Bank of London has applied for a European Union (EU) banking license and plans to invest €200 million in Luxembourg and the wider...
BKN301 names Mahesh Paolini-Subramanya as new CTO
BKN301 Group has appointed Mahesh Paolini-Subramanya as its new Chief Technology Officer (CTO). He brings extensive experience to the role, having worked at various...
Bank of America fined by US regulators over fake accounts and junk fees
The US Consumer Financial Protection Bureau (CFPB) has fined Bank of America $150 million and ordered the bank to compensate affected consumers with over...
Fiinu to scale back operations amid continued efforts to source fresh funding
UK banking start-up Fiinu is facing difficulties in securing additional funding required for its banking license application with UK regulators. As a result, the...