EU expands AML regulation impacting cryptocurrency compliance
The European Parliament has voted to adopt a package of laws to strengthen the EU’s AML and terrorist financing...
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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...
My mortgage application was rejected because a scammer opened a Three mobile account in my name
Scammer took out a contract with Daniel's name and address to get a free phoneWhen payments weren't made on the...
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'...
U.S. government reaches settlement with cryptocurrency mining companies and industry groups, agrees to halt investigation of energy use by cryptocurrency miners
Mar 04, 2024 11:16:00 The Texas Blockchain Council (TBC) and Riot Platforms, a Texas-based Bitcoin mining company, have filed an...
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...
