Prudential Regulation Authority

Our pick of the top fintech news stories this week includes Afin Bank, Zip, Socure and more.

The total penalty consists of a £33,880,000 fine from the PRA and a £27,766,200 fine from the FCA.

The US Federal Reserve has fined Credit Suisse $269 million, with the UK’s PRA issuing a further $119 million fine.