Tag: Know Your Customer/KYC
The FCA’s Consumer Duty clamps down on unfair savings rates
The Financial Conduct Authority (FCA) is taking action against banks and building societies for offering disproportionate interest rate rises to savers. The FCA's 14-point...
NatWest chief exec Alison Rose steps down with immediate effect
Alison Rose steps down as the group chief executive of NatWest Group after discussing Nigel Farage's relationship with the bank with a journalist, admitting...
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...
Amazon set to roll out palm payment processing across all US Whole Foods stores
Amazon's palm payment technology, Amazon One, will be deployed in all Whole Foods Market stores across the US by the end of the year.
Facts...
Spend management platform EnKash launches Olympus solution for businesses
Indian spend management platform EnKash has launched its Olympus solution, a technology stack that automates payables and receivables for mid-market enterprises (MMEs). The solution...
UK fintech Suits Me looks to revive face-to-face banking with new digital service
UK-based fintech Suits Me is introducing a new face-to-face appointment service to provide a more personal touch for its banking customers, addressing the demand...