Analysts Say Fines Could Rise as TD Bank Faces More Allegations
Toronto-Dominion Bank (TD Bank) reportedly could be facing fines of up to $4 billion in relation to money-laundering probes in the...
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UK Neobank Starling Will Not Reapply for EU Banking License
United Kingdom neobank Starling reportedly does not plan to reapply for a European Union banking license. Instead, the company will...
UK Bank Watchdog Ends Money Laundering Probe
The 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...
Neobank Bunq Looks to Court UK’s Digital Nomads
Dutch neobank Bunq is reportedly aiming to return to the U.K. Founder and CEO Ali Nikham told CNBC in a report published Monday (June...
UK Neobank Monzo Marks First Profitable Year
British neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday...
Visa Launches AI-Powered Real-Time Fraud Detection in UK
Visa has launched an artificial intelligence (AI)-powered real-time fraud detection service in the United Kingdom, aiming to prevent account-to-account (A2A)...
ECB Member Calls for Easier Cross-Border Bank Mergers
European Central Bank (ECB) governing council member Françoise Villeroy de Galhau reportedly said Wednesday (May 29) that mergers of banks...
Cryptocurrency Bill Passes US House Despite SEC Opposition
A bill said to provide consumer protections and regulatory certainty around digital assets was passed by the U.S. House of...
Stripe Launches Open Banking-Powered Payment Method in UK
Stripe has debuted an open banking-powered payment method and faster manual payouts in the United Kingdom. In addition, the company has...
UK Judge Rejects Scientist’s Claim to Be Bitcoin Inventor
A judge at London’s High Court ruled Monday (May 20) that Australian computer scientist Craig Wright lied and forged documents to support...
