Tag: FinTech News Europe
Coinbase’s CB Payments unit fined £3.5m by FCA
FCA Fines Coinbase’s CB Payments Ltd (CBPL)
Key Points:Fine Imposed:Amount: £3,503,546 million.
Reason: Alleged breaches of a requirement preventing CBPL from offering services...
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...
Starling Bank founder Anne Boden reportedly steps down from board to focus on new AI venture
Summary of Anne Boden's Departure from Starling Bank and New AI VenturePerson: Anne Boden, founder of Starling Bank.
Departure Details:Stepped down from...
Revolut announces record $545m profit for 2023
Revolut Annual Financial Report 2023: Key PointsRecord Financial Performance:Revenue Growth: Revenue surged by 95%, from $1.1 billion in 2022 to $2.2 billion...
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...
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 customer experience.
The partnership aims...