UK Treasury Committee: Regulators must punish banks for IT failures
UK regulators “must have teeth and be seen to have teeth”.
UK regulators “must have teeth and be seen to have teeth”.
The NCSC claims Operation Haulster is helping banks proactively prevent fraud.
The bank has racked up a €1.3 billion bill for one-off items.
The data leak stems from a four-year old file.
The supply chain finance firm has raised $1.7bn in just 14 months.
The start-up is trying to keep up with ever-changing mobile apps.
Banks still have siloed data pools which can’t quite be pulled.
570easi now holds a customer base of more than 90,000.
The two firms aim to ease banks’ payments pain.
The CFTC, FDIC, OCC and SEC are all on board.
Davies grew KCOM’s business value from £50m to more than £500m.
The neobank began as a parent-controlled teen debit card in 2017.
SMBs will see 1% interest on their balance and no monthly fees.
The software provider will run the solution on the cloud.
A new document is ready to put new AML controls in place.
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FinTech Future’s weekly news round-up.
Temenos says it was chosen to “address stringent regulatory demands”.
Andreessen Horowitz and Vertex Ventures also participated.
The country has long-awaited the sea change.
Country will be Revolut’s first Asian market and second outside Europe
French banking group puts Nordic wing up for sale.
Investors nervous as recovery firm takes control.
New firm on the block wants to change how community banks are served.
Transactions on Corda can now be proofed with complete privacy.
The latest Finovate eMagazine takes the hottest topic in fintech right now – customer experience – and puts it under the microscope.
The S10’s fingerprint feature glitch means it can be unlocked by anyone.
Challenger expects to cross the threshold within a few weeks.
The collaborations are live with payout functionality.
The fintech is in the process of acquiring its banking licence.
Regulator has given plenty of time for merchants to whip themselves into shape.
Société Générale-owned private bank prepares to move forward on ERI.
This decrease follows a similar pattern between Q1 and Q2.
Glue42 works with the likes of JP Morgan Chase.
“Consumers’ expectations about their experiences with brands are changing,” says Mastercard exec.
Investments will range from $150,000 to $2 million.
Card schemes aim to reduce online payments friction in US.
The OCC will be appealing the decision by the US courts.
The cost £5.5 million and four years in development.
The product is dubbed ‘Wecan Tokenize’.