BankingUK Neobank Starling Profits Soar 55% for Third Year in the BlackJune 12, 202414Starling has just finished its third profitable year amid plans to expand its software operations. The British neobank on Wednesday (June...
BankingAnalysts Say Fines Could Rise as TD Bank Faces More AllegationsJune 5, 202417Toronto-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, 202427United 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, 202421The 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...
BankingNeobank Bunq Looks to Court UK’s Digital NomadsJune 3, 202421Dutch neobank Bunq is reportedly aiming to return to the U.K. Founder and CEO Ali Nikham told CNBC in a report published Monday (June...
BankingUK Neobank Monzo Marks First Profitable Year June 3, 202423British neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday...
FinanceVisa Launches AI-Powered Real-Time Fraud Detection in UKMay 30, 202430Visa has launched an artificial intelligence (AI)-powered real-time fraud detection service in the United Kingdom, aiming to prevent account-to-account (A2A)...
BankingECB Member Calls for Easier Cross-Border Bank MergersMay 29, 202438European Central Bank (ECB) governing council member Françoise Villeroy de Galhau reportedly said Wednesday (May 29) that mergers of banks...
CryptocurrencyCryptocurrency Bill Passes US House Despite SEC OppositionMay 23, 202432A bill said to provide consumer protections and regulatory certainty around digital assets was passed by the U.S. House of...
BankingStripe Launches Open Banking-Powered Payment Method in UKMay 21, 202420Stripe has debuted an open banking-powered payment method and faster manual payouts in the United Kingdom. In addition, the company has...