bank of london

Bank of London Fined $2.6 Million for Misleading Regulators

Bank of London Fined $2.6 Million for Misleading Regulators
Bank of London Fined $2.6 Million for Misleading Regulators
March 24, 2026  |  Bank Regulation

British regulators have fined the Bank of London for providing fabricated documents about its finances. The Prudential Regulation Authority (PRA) announced the fine of 2 million pounds ($2.6 million) against the...

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Bank of London Reports Loss as Regulatory Oversight Continues
Bank of London Reports Loss as Regulatory Oversight Continues
January 26, 2026  |  Bank Regulation

Bank of London is still under investigation by U.K. regulators amid ongoing losses. The clearing bank recorded a net loss of 24 million pounds for the...

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Bank of London Discloses Investigation by UK’s Prudential Regulation Authority
Bank of London Discloses Investigation by UK’s Prudential Regulation Authority
May 15, 2025  |  Legal & Regulation

FinTech company Bank of London is reportedly being investigated by the Bank of England’s Prudential Regulation Authority (PRA) for unspecified “historic” events and for inaccurate record-keeping, lax regulatory reporting and governance failures. The company...

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Bank of London Catches Up on Tax Payments After ‘Internal Miscommunication’
Bank of London Catches Up on Tax Payments After ‘Internal Miscommunication’
September 09, 2024  |  Banking

The Bank of London reportedly said Monday (Sept. 9) that it paid all its taxes after internal miscommunication caused a delay. The bank’s statement followed...

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The Bank of London Raises $40M Series C Extension
The Bank of London Raises $40M Series C Extension
February 08, 2023  |  Investments

The Bank of London has topped up its Series C funding round with $40 million. With the fresh capital, announced in a Wednesday (Feb. 8) blog...

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EMEA Daily: Bank of London to Add Cloud Banking; DIFC Taps Tarabut Gateway for MENA’s First Open Finance Lab Partner
EMEA Daily: Bank of London to Add Cloud Banking; DIFC Taps Tarabut Gateway for MENA’s...
June 28, 2022  |  Europe

In today’s top stories from Europe, the Middle East and Africa, the Bank of London will integrate cloud banking, Wise reports increased revenues and Walgreens...

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The Bank of London Join UK’s Faster Payment System
The Bank of London Join UK’s Faster Payment System
March 07, 2022  |  Real-Time Payments

The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP)...

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Firmly to Use the Bank of London’s 1-Click Checkout
Firmly to Use the Bank of London’s 1-Click Checkout
January 13, 2022  |  Merchant Innovation

The Bank of London has granted a non-exclusive license of its one-click checkout patent to the Seattle-based company Firmly, with an eye toward helping ad-to-checkout...

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