Tag: Regulation

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Banking Technology Magazine February 2024 issue out now

The February edition of Banking Technology Magazine discusses challenges in the banking and fintech industry in 2024. Mass layoff announcements were reported across...

MessageBird seeks entry into financial services with call for potential acquisitions

MessageBird's Acquisition Interest:Dutch cloud communication platform MessageBird expresses interest in acquiring licensed payment service providers. CEO Robert Vis announces the company's focus...

UK’s PRA fines HSBC £57m for “historic depositor protection failings”

HSBC was fined £57.4 million by the UK’s Prudential Regulation Authority (PRA). Fine issued to HSBC's European holding company (HBEU) and UK subsidiary...

EBA addresses ESG and climate change risks with new proposed guidelines

The European Banking Authority (EBA) drafts new guidelines for managing ESG risks. Active ESG factors, like climate change and social conflict, present challenges...

Business spend management platform Payhawk lands UK EMI licence

Payhawk, a business spend management platform, has obtained an Electronic Money Institution (EMI) license from the UK's Financial Conduct Authority (FCA). The Bulgarian...

Paymob lands PSP licence from Oman’s central bank

Paymob, a MENAP-based fintech, is now licensed as a Payment Service Provider (PSP) by the Central Bank of Oman. Paymob claims to be...