Tag: Compliance
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....
FCA lifts partner onboarding restrictions on UK fintech Modulr
Key Points:Lifted Restrictions:The FCA has lifted the temporary partner onboarding restrictions imposed on Modulr last October.Original...
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...
US regulators fine Citigroup $136m for “insufficient progress” towards compliance with 2020 consent order
Fines Imposed:The Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board fined Citigroup...
Daiwa Capital Markets Europe selects Delta Capita for CLM solution
Daiwa Capital Markets Europe (DCME) Partners with Delta Capita for Client Lifecycle Management: Key PointsPartnership Announcement:DCME has...
Azqore selects Volante Technologies’ PaaS tech for SEPA instant payments
Azqore Partners with Volante Technologies for SEPA Instant Payments: Key PointsPartnership Announcement:Azqore, an IT and banking operations...
US FDIC issues consent order to Thread Bank
FDIC Issues Consent Order to Thread Bank: Key PointsConsent Order Issuance:The US Federal Deposit Insurance Corporation (FDIC)...
US regtech start-up Norm Ai raises $27m Series A funding
Norm Ai Secures $27 Million Series A Funding: Key PointsFunding Round:Norm Ai, a New York-based regtech start-up,...
Virgin Money taps Experian to streamline digital customer experience
Virgin Money Partners with Experian: Key PointsStrategic Partnership:Virgin Money is partnering with Experian to enhance its digital...
Former Temenos execs found GenAI banking tech start-up, yPilot
yPilot Fintech Start-up Overview
Founders:Todd Winship (CEO): Formerly at Temenos, founded Primisyn.
Rayce Rossum (CTO): Formerly at Temenos, worked...
ICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more
FinTech Futures Weekly ICYMI Funding Round-Up:re:Funding: $14.6 million Series A
Investors: Entrée Capital, Project A, Felix Capital
...
PSR names David Geale as new interim managing director after Chris Hemsley steps down
PSR Leadership Transition:Outgoing Managing Director:Chris Hemsley to step down on 7 June after five years as managing...