After the $924m loss: “One has to look very hard to find anything positive...
German Deutsche Bank suffered losses for a second quarter in the row as the lender is trying to update its business model.
Florida men who spent over $1m of clients money orderd to pay $2.2m fine...
Two men from Florida have been found guilty of foreign exchange fraud and are ordered to pay massive fines after spending over $1m of their clients' money on things like cars, travel and restaurants
Fenergo unveils new product Digital KYC to meet financial service firms’ compliance needs
Dublin-based RegTech Fenergo is launching new product Digital KYC to empower financial services firms to automatically comply with know your customer (KYC) rules.
ESMA and the FCA respond to yet another Brexit delay
Brexit has been delayed again, with the EU granting the UK another three-month extension to sort out its divorce from the other member states.
Varo ventures past the one million customer milestone as it prepares to become a...
Mobile banking solution Varo has come a long way since its $45m Series B round in January 2018. Since then it has scaled to having over one million customers and is now angling towards becoming a nationally-chartered bank by the beginning of 2020.
Upcoming SME bank Recognise picks Mambu for its banking infrastructure
Recognise is a new upcoming SME bank expected to launch in 2020. It has now taken another step towards the launch by tapping Mambu to provide its banking software.
Facebook to sue cybersecurity company after alleged hack on WhatsApp
Facebook is reportedly suing cybersecurity company NSO Group, claiming the company hacked WhatsApp users earlier in 2019.
Most Brits would rather go online than into a physical branch for their banking
Marqeta, the global modern card issuing platform, has revealed that 72% of Britons do most of their banking online and 77% would even consider switching to a digital-only bank.
Consolidated Bank Ghana taps Temenos for its banking core system
Founded in 2018, Consolidated Bank Ghana is the consolidation of five different banks. It is now live, having enlisted Temenos, the bank and financial services software company, for help.
“I was having a heart attack” – Revolut users are being locked out from...
Challenger bank Revolut is facing some issues that prevent its customers from logging into their accounts.
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