BankingWhat’s in Store for Open Banking as UK’s Labour Party WinsJuly 5, 2024111Now that the Labour Party’s been ushered into power in the U.K. — in a landslide vote — what’s next...
BankingRevolut Chair Not Ready to Commit to Going Public in UKJuly 3, 202477Revolut’s chair is not ready to commit to an initial public offering (IPO) in London. Speaking to the Financial Times (FT)...
CryptocurrencyCircle Attains EMI License, Achieves MiCA ComplianceJuly 1, 202472Circle has attained an Electronic Money Institution (EMI) license from the French banking authority, thereby achieving compliance with the European Union’s...
CryptocurrencyAs MiCA Goes Live, Is Crypto Entering Its Regulation Era?July 1, 202456Crypto and Web3 firms have been asking for more regulatory clarity for years. And now, with the news Sunday (June...
BankingUK Neobank Starling Profits Soar 55% for Third Year in the BlackJune 12, 202495Starling has just finished its third profitable year amid plans to expand its software operations. The British neobank on Wednesday (June...
CryptocurrencyWhat MiCA’s July Implementation Means for CryptoJune 10, 202498Stablecoins sit at the center of the crypto sector’s goals for a return to form. That’s because stablecoin digital assets,...
Banking5 Things to Watch as Open Banking Gains Ground in the USJune 6, 202467Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed....
BankingAnalysts Say Fines Could Rise as TD Bank Faces More AllegationsJune 5, 2024104Toronto-Dominion Bank (TD Bank) reportedly could be facing fines of up to $4 billion in relation to money-laundering probes in the...
BankingUK Neobank Starling Will Not Reapply for EU Banking LicenseJune 5, 2024136United Kingdom neobank Starling reportedly does not plan to reapply for a European Union banking license. Instead, the company will...
BankingUK Bank Watchdog Ends Money Laundering ProbeJune 4, 202485The U.K.’s financial watchdog has apparently dropped a probe into Monzo’s anti-money laundering system. That’s according to an item buried deep in...