Revolut to bring processing in-house
Revolut is building its own in-house processor, following a string of outages caused by its current third party provider.
bankingtech.com
banking licence
Private & Commercial Finance Group receives banking licence
Private & Commercial Finance Group (PCFG) has received its banking licence from the UK regulators. It is now authorised with restrictions as a bank and enters into a mobilisation period of up to 12 months.
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