Revolut, the global financial superapp with more than 35 million customers worldwide, has revealed a significant expansion to its Financial Crime (FinCrime) headcount, doubling its size since 2021.
Manx Financial Group PLC, the holding company providing a range of diversified financial services to the Isle of Man and the United Kingdom, is delighted to announce that on 16 October 2023 the Group's wholly owned banking subsidiary, Conister Bank Limited (“Conister”), obtained authorisation from the Prudential Regulation Authority (“PRA”) (and consent from the Financial Conduct Authority (“FCA”) in the United Kingdom to accept deposits.
Kiwibank has been ordered to pay a $812,500 civil penalty at the High Court in Wellington for making false and/or misleading representations to some customers, following proceedings brought by the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko.
“We expect to play a very meaningful role in making sure projects get delivered,” said John Flint, chief executive, UK Infrastructure Bank, regarding the role the bank will have in the HS2 replacement plans in the North of England.
The Commodity Futures Trading Commission (CFTC) has filed a complaint in the US District Court for the Southern District of New York against Stephen Ehrlich, the former CEO of now-bankrupt entities Voyager Digital, Voyager Digital Holdings, and Voyager Digital (collectively, Voyager).
The Consumer Financial Protection Bureau (CFPB) is warning America's large banks about the practice of charging so-called junk fees for basic customer services like the provision of account information.
TransactionLink, the drag-and-drop builder saving onboarding teams time and money, has raised a €5m seed round to expand its KYB (know your business) product into new sectors and grow its co-headquarters in Berlin and London.
