Tag: BankingTech

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ClearBank secures new Credit Institution Licence from the ECB to expand into Europe

ECB Licence Granted:ClearBank Europe N.V., the European branch of ClearBank, has been granted a Credit Institution Licence by the European Central Bank...

ClearBank secures new Credit Institution Licence from the ECB to expand into Europe

ECB Credit Institution Licence:ClearBank Europe N.V., the European entity of London-based ClearBank, has been granted a Credit Institution Licence by the European...

Bank of England launches discussion paper on “ambitious agenda” for UK’s payments landscape

Bank of England Discussion Paper on Payments Innovation Key Points:Objective:The Bank of England (BoE) has released a discussion paper to seek feedback on...

US Federal Reserve fines digital bank Green Dot $44 million over “unfair and deceptive practices”

Key Points:Reason for Fine:Unfair and Deceptive Practices: Violations in marketing, selling, and servicing of prepaid debit card products. Deficient Consumer Compliance Risk...

Dosh seeks licence to become a bank in New Zealand

Dosh Aims to Become New Zealand's First Locally-Owned Digital-Only Bank: Key PointsCompany Background:Dosh, a New Zealand-based fintech, offers a money app for...

ECB publishes progress update on digital euro preparation phase

ECB Digital Euro Progress Report: Key PointsPreparation Phase Progress:The ECB's digital euro preparation phase has been underway since November, with good progress...