Tag: Regulation
Italian competition authority interrupts migration of 2.4m Intesa Sanpaolo accounts to Isybank
Interruption by AGCM: The Italian competition authority (AGCM) halts Intesa Sanpaolo's plan to migrate 2.4 million customer accounts to Isybank.
Express Approval Required:...
SoFi set to end crypto services, taps Blockchain.com as “strategic crypto partner”
SoFi Ends Crypto Services:SoFi announces the termination of its crypto services on 19 December.
Users can either close their crypto accounts or...
UK financial services firms cautious but keen to adopt GenAI, new survey says
GenAI Adoption in UK Financial Services:70% of UK Finance members are currently piloting generative AI (GenAI) use cases.
Primarily focused on co-pilot...
European Central Bank highlights continued sector-wide risk in latest Financial Stability Review
Real Estate Struggles:Geopolitical tensions, lacklustre growth, and inflation impact European financial markets.
Residential and commercial real estate markets in the euro area...
Binance CEO exits after pleading guilty to money laundering charges
Binance Guilty Plea:Binance Holdings, operating Binance.com, pleads guilty to US federal charges: anti-money laundering (AML), unlicensed money transmitting, and sanctions violations.
Founder...
ICYMI fintech funding round-up: Kiwi, ID Finance, Crezco and more
Kiwi Raises $13MIndian credit card fintech Kiwi secures $13 million in a Series A funding round.
Led by Omidyar Network India, with...