Bank

Denmark Reg Probes Swedish Bank For Money Laundering
Denmark Reg Probes Swedish Bank For Money Laundering
March 14, 2019  |  Regulation

Denmark’s financial watchdog has instructed a Danish branch of Swedish bank SEB to obtain additional information on customers deemed to be a high money-laundering risk....

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How PSD2 Is Changing Lending In The UK
How PSD2 Is Changing Lending In The UK
March 08, 2019  |  Regulation

PSD2 launched in January 2018 and has been active in the European Union for a little over a year now, meaning that banks, merchants and...

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India’s RBI To Relax Rules For White-Label ATM Providers
India’s RBI To Relax Rules For White-Label ATM Providers
March 07, 2019  |  Regulation

The Reserve Bank of India (RBI) made a move on Thursday (March 7) to relax the rules for white-label ATM operators, enabling them to purchase wholesale...

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Sasfin And Hello Paisa Team Up For South African Banking Venture
Sasfin And Hello Paisa Team Up For South African Banking Venture
March 06, 2019  |  Financial Inclusion

Two South African FinTech companies, Sasfin, a banking group, and Hello Paisa, a money transfer startup, are teaming up to start a bank with a...

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Swedbank CEO ‘Humble’ After Laundering Claims
Swedbank CEO ‘Humble’ After Laundering Claims
March 06, 2019  |  Banking

Swedbank’s CEO has admitted to making some mistakes when handling money laundering allegations against the bank. Get the Full Story Complete the form to unlock...

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Amazon Mexico: Gov’t Explores Mobile Payments Play
Amazon Mexico: Gov’t Explores Mobile Payments Play
March 05, 2019  |  Amazon

The Mexican central bank and Amazon are in talks to introduce a government-approved mobile payment system, according to reports. The system would involve users paying...

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Fed Promises Thorough Scrutiny Of BB&T’s SunTrust Buy
Fed Promises Thorough Scrutiny Of BB&T’s SunTrust Buy
February 27, 2019  |  Partnerships / Acquisitions

The Federal Reserve Chairman has vowed that U.S. regulators will conduct a “thorough” review of BB&T Corp.’s planned merger with its rival SunTrust. Get the...

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Deutsche Burdened By High Interest Rate Payments
Deutsche Burdened By High Interest Rate Payments
February 11, 2019  |  Banking

Deutsche Bank is now paying the highest financing rates on the euro debt market as compared to other major financial institutions, which could lead to...

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