Tag: Metro Bank

Metro Bank has overhauled its financial crime operations through a partnership with SymphonyAI. As one of the UK’s first challenger banks, Metro Bank has long...

Over the past decade, financial institutions have faced an unrelenting wave of new regulatory requirements. With Basel 3.1 on the horizon, firms are being called...

Smaller financial institutions are facing mounting structural challenges in meeting anti-money laundering (AML) requirements, despite being held to the same regulatory standards as their...

In today’s rapidly shifting regulatory landscape, firms are under mounting pressure to shift from reactive to proactive compliance. The days of treating compliance as a tick-box exercise are over. Increasingly, enforcement agencies demand that firms embed compliance into the fabric of operations—making traceability and connected controls central to staying ahead of risk and regulation.

Amid the rapid evolution of banking, digital-first banks like Starling and Metro Bank are facing increased regulatory scrutiny, particularly around AML controls. According to Corlytics,...

Metro Bank has been fined £16.7m by the FCA for significant failures in its systems and controls. The bank inadequately monitored over 60m transactions worth...

The Financial Conduct Authority (FCA) has fined Metro Bank £10m for breaching the listing rules by publishing incorrect information to investors.

The Prudential Regulation Authority (PRA) has issued a £5.3m fine to Metro Bank for failings with its regulatory reporting.

The Prudential Regulation Authority (PRA) has slapped Metro Bank with a fine of £5,376,000 for deficiencies related to the governance and controls of its regulatory reporting.

Metro Bank has launched a new invoicing technology aimed at reducing bottlenecks on its mobile application.