Tag: Regulation
US Bank subsidiary Elavon lands UK banking authorisation
Elavon Financial Services DAC, a subsidiary of US Bank, has obtained authorization from the Bank of England as a licensed provider of financial...
Al Rayan Bank goes live with Confirmation of Payee solution from obconnect
Al Rayan Bank, a UK subsidiary of Qatar-based Masraf Al Rayan, has partnered with Obconnect to enhance payment security and combat fraud.
The...
Generali Investments’ holding company taps Fenergo for AML compliance
Generali Investments Holding partners with Fenergo:They tap Irish fintech Fenergo for bolstering financial crime controls.
Aim to address a rise in money laundering...
US fintech Stash lands $40m in funding and appoints Amy Butte as independent audit chair
Stash raises $40 million in new funding:Led by funds advised by T. Rowe Price, with participation from existing investors.
Follows previous rounds of...
Australian government proposes new regulations for digital wallet providers
Australian government to regulate digital wallet providers
Proposed changes to Payment Systems Act 1998 redefines 'payment' and 'payments systems'
Popular digital wallet providers...
FCA’s new crypto marketing regime comes into force, regulator issues 146 alerts in first 24 hours
The UK's Financial Conduct Authority (FCA) issued 146 alerts in the first 24 hours of its new cryptoasset promotion regulations.
FactsThe FCA implemented new...