The European Banking Authority changes Basel III monitoring to be mandatory
The European Banking Authority (EBA) is changing the Basel III monitoring exercise from being voluntary to a mandatory exercise.
Natwest faces money laundering charges by FCA over cash deposits
The Financial Conduct Authority (FCA) has begun criminal proceedings against banking giant NatWest Group alleging that the company failed to follow anti-money-laundering regulations. The FCA...
CSS discuss CCO liability in its latest Coffee & Regs podcast
CCO liability is still a big concern for chief compliance officers, but the recent speech from SEC commissioner Hester Pierce is helping to bring more clarity to the issues.
UK banks lagging behind in diversity after 10,000 women left their jobs in 2020
The number of women at the UK’s five biggest financial companies plummeted by 3% during 2020, posing a serious question to the sector’s diversity pledges.
Zilliqa Capital launches Southeast Asian investment arm to boost FinTech startups
Singapore-based blockchain investment company Zilliqa Capital launched its Southeast Asian financial ecosystem, which will invest in Zilliqa’s native utility token ZIL.
Starling Bank launches debit cards made from recycled plastic
UK-based digital bank Starling Bank has introduced debit cards made of recycled plastic in a bid to boost its sustainability goals.
How companies can leverage ethics to qualm fears of AI
Artificial intelligence is becoming a common sight, but there are still fears around using the technology and ensuring it is not being misused.
Stripe’s valuation soars to $95bn after $600m fundraise
Online payments technology provider Stripe raised a new $600m funding round that values the company at $95bn, nearly tripling from $36bn since April 2020.
Provident Financial faces FCA investigation in home credit division
Doorstep lender Provident Financial said the UK’s financial watchdog Financial Conduct Authority (FCA) is investigating the firm in its consumer credit unit.
Majesco to supply its technology to American European Insurance Group
Cloud insurance software developer Majesco has continued its busy start to 2021 with another partnership.
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