Tag: UK
FCA places embattled Metro Bank on financial crime watchlist as rescue deal continues
Metro Bank's Situation: The bank is on the Financial Conduct Authority's (FCA) financial crime watchlist, confirmed on June 6.
Reasons for Listing: The FCA's action...
UK fintech Fnality raises £77.7m in Goldman Sachs and BNP Paribas-led Series B
Fnality, a UK-based blockchain payments firm, secures £77.7 million in a Series B funding round led by Goldman Sachs and BNP Paribas.
Series...
FinTech Wales seeks new CEO as Sarah Williams-Gardener transitions to chair
Leadership Transition:Sarah Williams-Gardener, FinTech Wales’ CEO for three years, is resigning to become the chair of the member association.
Effective January 2024,...
Global enforcement fines rise to $5.65bn in Q3 2023
Global enforcement fines rose to $5.65 billion in Q3 2023, marking a 30% increase from the year's start.
Q1 and Q2 fines were...
Landsbankinn partners Meniga to launch open banking-powered PIS and AIS services
Landsbankinn, Iceland’s largest bank, partners with UK-based Meniga for open banking services.
Introduces Payment Initiation Services (PIS) and Aggregation Services (AIS) through the...
FCA calls for “robust frameworks” to detect fraud and support victims
The UK's Financial Conduct Authority (FCA) urges firms to enhance anti-fraud systems.
The FCA's recent review revealed both good and poor practices in...