Tag: Regulation
European Parliament authorises new regulations for instant money transfers
The European Parliament has adopted new regulations aimed at ensuring euro money transfers arrive in bank accounts "within ten seconds" throughout the EU.
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Fat Zebra bolsters CDR capabilties with acquisition of Aussie open data platform Adatree
Australian payments processor Fat Zebra has acquired Sydney-based Adatree, a platform for the Australian Consumer Data Right (CDR).
Adatree's platform allows companies in...
RBC’s US subsidiary City National Bank hit with $65m fine from OCC
The US Office of the Comptroller of the Currency (OCC) has imposed a $65 million fine on City National Bank, the US subsidiary...
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...