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banking license
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NewsToday In Payments: COVID-19 Triggers Job Losses; JPMC First Big...
In today’s top news, due to the coronavirus, over 3,600 workers have lost their...
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BankingEU Bank License To Boost Banking Circle Expansion
Banking Circle is now licensed to do banking in Luxembourg after the Commission de Surveillance...
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BrexitN26 Exits UK Post Brexit
FinTech bank N26, based in Germany, will no longer operate in the U.K. following...
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B2B PaymentsUK FinTech Seeks License To Bank Crypto Firms
London FinTech startup DAG Global is going after the first merchant bank license in...
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RegulationMonetary Authority Of Singapore: What It Will Take To Win...
Financial institutions (FIs) and merchants in the European Union (EU) have had some time...
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CryptocurrencySingapore’s Payment Services Act To Regulate Crypto Firms
Singapore is aiming to boost cryptocurrency firms by offering them a chance to apply...
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B2B PaymentsB2B Neobank Qonto Gets $115M In Series C Round
Qonto, a French startup Neobank that caters to B2B clients, has raised $115 million...
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InternationalGoldman Gets Green Light To Operate Bank In South Africa
As Goldman Sachs seeks further expansion in the South African economy, the financial services...
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B2B PaymentsUK SMB Lending Challenger B-North Raises $2.6M
U.K. startup B-North has raised £2 million (€2.34 million or $2.6 million USD) from existing and...
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Digital BankingSouth Korea FinTech Gets Initial Approval For Online Bank
South Korean FinTech startup Viva Republica, creator of the financial services platform Toss, was...
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InvestmentsZopa P2P Lender To Land 12th-Hour Investment To Become Bank
Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 million USD) investment that...
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Digital BankingNeobank Northmill Gets Swedish Banking License
The FinTech Northmill, which offers cloud-based financial services, was awarded a banking license from...
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Digital BankingDigital Banking, With Millennial, Mobile – And Governmental – Tailwinds
Kill the check. Shutter the branch. Make that leather wallet a mobile one, wielded on smartphones....
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InvestmentsNigerian FinTech Kuda Raises $1.6M For Digital Banking Tech
Kuda, Nigeria’s first digital-only bank with a standalone license, has raised $1.6 million in...
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B2B PaymentsBanking/FinTech Collaboration Grows In China
In China, digital financial services gain ground among collaborative efforts between tech-savvy upstarts and...
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Digital BankingDeep Dive: How Challenger Banks Navigate Licensing Obstacles
Many challenger banks pursue charters to establish themselves as trustworthy institutions and compete directly...
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Digital BankingDigital Challengers Are Closing Argentina’s Banking Gap
Challengers. Neobanks. Upstart institutions. Alternative banks. These newcomers to the financial services landscape go...
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InternationalProspect Of ‘No Deal’ Brexit Has FinTechs Scrambling
Deal or no deal? No, not the game show, because in the case of...
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Data DiveData Dive: Pair-Ups, Tie-Ups And Rollouts
Today marks Day 30 of the government shutdown, leading to consequences both complex and serious; and Twitter feuds that can...
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Digital BankingFinTechs Want Access To Fed’s Payment Systems, Settlement Services
At a time when the Office of the Comptroller of the Currency and the...
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B2B PaymentsRussian Central Bank Ends FX Competition
The Central Bank of the Russian Federation (CBR) announced that it has revoked the...
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B2B Paymentsgpi Makes SWIFT Cross-Border Gains
SWIFT has noted that gpi payments make up more than half of its cross-border...
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B2B PaymentsKenya Gets Ready To Unveil Sandbox Policy
Kenyan financial authorities are on the cusp of unveiling a FinTech sandbox that will...
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B2B PaymentsJudo Capital Taps VERMEG For Reporting Compliance
Australian challenger bank Judo Capital has chosen VERMEG, a leading banking and insurance software...
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BankingRevolut Gets Banking License By European Central Bank
Revolut, the U.K. digital bank, announced Thursday (Dec. 13) that it received approval for...
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BankingFCA Awards P2P Lender Zopa First UK Banking License
British peer-to-peer lender Zopa announced that it has been awarded a U.K. banking license,...
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B2B PaymentsCivilisedBank Ready To Reapply For Banking License
U.K. challenger bank CivilisedBank forfeited its banking license earlier this year with plans to...
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BrexitUK’s Request To Expand Market Access After Brexit Isn’t Likely...
The U.K.’s request for the European Union to expand its financial market access after Brexit isn’t...
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InternationalSwiss FINMA Plans AML FinTech Rule Revisions
Swiss financial regulator FINMA is planning to soften anti-money laundering rules for smaller FinTech...
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BankingGrasshopper Gearing Up To Launch Challenger Bank In New York
Grasshopper, a new bank challenger in New York, is gearing up to go after...
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Global PaymentsAccenture Unveils FinTech Lab Startups, Billon Teams Up With FIS
Welcome to The Axis, your late look at payments news from around the world....
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BankingStartup Holds Equity Crowdsale For Banking License
Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — announced it will be...
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BankingStock-Trading Platform Robinhood Eyes Banking Services
Sources say Robinhood Markets is in talks with regulators about offering banking services to...
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BankingRevolut Plans To Apply For Banking License In The US
After applying for a banking license in Europe, Revolut plans to apply for one...
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InternationalWatchdog Eyes Brazil’s Credit Card Industry On Nubank Complaint
In Brazil, the antitrust watchdog, Cade, is looking into the credit card industry, with...
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LoansVolkswagen Applies For UK Banking License
German car manufacturer Volkswagen (VW) has confirmed it is in the process of applying for...
