UK Finance develops model clauses for variable recurring payments
UK Finance has teamed up with law firm Addleshaw Goddard to put together a set of model clauses that...
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US banks’ profit picture less clear with cloudy rates trajectory
NEW YORK, April 12 (Reuters) - The uncertain trajectory of interest rates is making it hard for U.S. banks to...
Open Banking In The Global South
Open Banking is under continuous discussion and implementation in OECD and European markets. This post provides a brief operator view...
The EU AI Act – What Are The Implications For Banking and Fintech?
Yesterday’s European Parliament's final vote on the AI Act, set to take effect this May, heralds the world's most comprehensive...
BaaS platform Griffin raises $24 million and launches as a fully-operational UK bank
UK Banking-as-a-Service startup Griffin has snared $24 million in fresh funding to meet regulatory capital requirements and exit 'mobilisation'...
Sterling holds gains as budget provides few shocks
LONDON, March 6 (Reuters) - The pound held onto slight gains against the dollar on Wednesday as traders digested Britain's...
UK banks closed 140,000 business accounts last year
New de-banking figures show more than 140,000 business accounts were closed by major UK banks last year.
The data...
Frankfurt wins race to host new EU anti-money laundering agency
Frankfurt has won the race to host the EU's new Anti-Money Laundering Authority (AMLA), beating out competition from eight...
EU mandatory regulation is on the money
EU mandatory regulations for instant credit transfers within the Single Euro Payments Area (SEPA) are right on the money. The key...
US sanctions firms for providing tech to Central Bank of Iran
The United States has imposed sanctions on several companies and individuals for smuggling technology to the Central Bank of...
