Bank of Italy

Lemonway says the Italian central bank has told it to “not engage new Italian partners”.

With the approval, TerraPay is now looking to expand within Italy and subsequently across the European Union.

Here’s our pick of five of the top news stories from the world of finance and tech this week.

N26 says it takes money laundering “very seriously” and has been scaling up its global AML efforts since last year.

The national project will run in collaboration with the Bank of Italy.