CryptocurrencyEU expands AML regulation impacting cryptocurrency complianceApril 26, 202412 The European Parliament has voted to adopt a package of laws to strengthen the EU’s AML and terrorist financing...
FinanceUK Finance develops model clauses for variable recurring paymentsApril 22, 202417 UK Finance has teamed up with law firm Addleshaw Goddard to put together a set of model clauses that...
BankingUS banks’ profit picture less clear with cloudy rates trajectoryApril 12, 202413NEW YORK, April 12 (Reuters) - The uncertain trajectory of interest rates is making it hard for U.S. banks to...
BankingOpen Banking In The Global SouthMarch 19, 202431Open Banking is under continuous discussion and implementation in OECD and European markets. This post provides a brief operator view...
BankingThe EU AI Act – What Are The Implications For Banking and Fintech?March 14, 202464Yesterday’s European Parliament's final vote on the AI Act, set to take effect this May, heralds the world's most comprehensive...
BankingBaaS platform Griffin raises $24 million and launches as a fully-operational UK bankMarch 11, 202441 UK Banking-as-a-Service startup Griffin has snared $24 million in fresh funding to meet regulatory capital requirements and exit 'mobilisation'...
CurrenciesSterling holds gains as budget provides few shocksMarch 6, 202416LONDON, March 6 (Reuters) - The pound held onto slight gains against the dollar on Wednesday as traders digested Britain's...
BankingUK banks closed 140,000 business accounts last yearFebruary 28, 202419 New de-banking figures show more than 140,000 business accounts were closed by major UK banks last year. The data...
MoneyFrankfurt wins race to host new EU anti-money laundering agencyFebruary 23, 202446 Frankfurt has won the race to host the EU's new Anti-Money Laundering Authority (AMLA), beating out competition from eight...
MoneyEU mandatory regulation is on the moneyFebruary 21, 202468EU mandatory regulations for instant credit transfers within the Single Euro Payments Area (SEPA) are right on the money. The key...