Tag: Regulation
TD Bank nixes First Horizon merger citing regulatory approval delays
Toronto-Dominion Bank (TD Bank) and First Horizon have terminated their proposed $13.4 billion merger due to regulatory approval delays. TD Bank will pay $200...
LHV lands UK banking licence from the Prudential Regulation Authority
Estonia's LHV Bank has been granted a UK banking license by the Prudential Regulation Authority (PRA), becoming the first company to receive a UK...
FCA proposes listing regime revamp to make UK more competitive
The UK's Financial Conduct Authority (FCA) has proposed revamping its listing rules to make them simpler and more competitive, in a bid to attract...
Cross-border paytech PingPong Payments nabs UK EMI licence
PingPong Payments, a US-based cross-border payments firm, has obtained an Electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA), allowing it...
Smile Identity acquires Appruve to expand across Africa
Nigerian ID verification platform Smile Identity has acquired Appruve's parent company, Inclusive Innovations, for an undisclosed amount. Smile Identity aims to expand its reach...
UK regtech Facctum appoints two senior executives
Regtech company Facctum has appointed Onkar Inamdar as its head of engineering and Syam Chintapenta as its chief development officer. Inamdar will be responsible...