Australian challenger bank Volt is returning more than $100 million to its estimated 6,000 customers next week and handing its banking license back to regulators after the FinTech startup failed to raise enough capital to keep growing. Get the Full Story Complete the form to...
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The Bank of London announced Tuesday (June 28), that it will integrate SAP Fioneer’s Cloud for Banking platform (C4B) into the Bank of London API. The news sets the stage for an anticipated launch of the new clearinghouse on the global stage in October. Get...
The Dubai International Financial Centre (DIFC) has chosen the open banking platform Tarabut Gateway as the preferred technical platform partner for its new Open Finance Lab, formally launching Tuesday (June 28), according to a press release. Get the Full Story Complete the form to unlock...
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The Central Bank of Ireland recently announced that it was writing to all Regulated Financial Service Providers in the country, as well as a range of business and professional representative bodies, to remind firms of their obligations to prevent IBAN discrimination. Get the Full Story...
U.K. digital bank Kroo has been granted a full banking license by the Bank of England, the bank announced Monday (June 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
A courtroom verdict in Switzerland is signaling that banks will be under increasing scrutiny for the acts they take and have taken, to combat fraud — stretching back over decades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...