FCA hands out record level of fines in 2019
UK watchdog has handed out £391 million in fines so far in 2019.
UK watchdog has handed out £391 million in fines so far in 2019.
Office workers will pay for their lunch using their face.
The new bank is aiming for a 2020 launch.
All customer data will now funnel through the bank’s “secure API”.
The EU hopes to validate the market and tackle issues of ‘greenwashing’.
New hire joins ACI Worldwide after 14 years at Oracle.
The bank mentions the pressures on revenues in a low yield environment.
The FCA, PRA and Bank of England have published a paper on operational resilience
FinTech Future’s weekly news round-up.
Chime soars ahead of Brazilian challenger NuBank’s $400 million record fundraise.
The regulator has selected a bevy of Amazon solutions.
The investment is part of the UK bank’s £50 million venture fund.
The Canadian firm also deploys Temenos T24 in the core.
Each carer is issued their own card linked to the joint account.
Tink has bagged transaction data from 32 FIs across the regions.
The firm looks to be moving away from a front-to-back DLT implementation.
Countryside neobank preparing to move out of beta.
Iress calls the deal the first it has signed with a “top tier” bank
The fund is for payments and online finance start-ups.
The acquisition is a gateway for Evertec to tap Colombia and Ecuador.
Phemex calls itself “the most trustworthy cryptocurrency derivatives trading platform”.
The bank wants to reach a 2023 revenue target of €19.3 billion.
This is the Latin American start-up’s fourth financing round.
ISDA writes letter to FCA asking for greater information on Libor phase-out.
Monese wants to offer an alternative to traditional banks’ “red tape”.
KPMG says 80% of bank employees don’t know what unstructured data is.
The firm will be replacing 20 legacy systems in the process.
Julian Sawyer set to lead Gemini’s European operations.
Venture capital firm plans to focus on the US and Canada, as well as overseas
The company is gearing up to make two acquisitions.
Penta is breaking out of its online-savvy customer niche.
Now the central bank could be entering phase two of its project.
96% of UK mental health sufferers say the alert will be useful.
Deutsche officials were made aware that the scope of the DoJ probe had broadened.
FinAccel hits $500 million evaluation.
Figure is also edging into the student financing space.
Open banking comes with benefits to banks but also various challenges.
Scott Powell will be the bank’s new chief operating officer.
Raisin is the first – and currently the only – company to offer Credorax’s retail deposits.
The firm is moving closer to a centralised, cloud-based platform.