banking license

FinTechs Want Access To Fed’s Payment Systems, Settlement Services
FinTechs Want Access To Fed’s Payment Systems, Settlement Services
January 14, 2019  |  Digital Banking

At a time when the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. are looking at giving federal bank licenses...

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Russian Central Bank Ends FX Competition
Russian Central Bank Ends FX Competition
December 28, 2018  |  B2B Payments

The Central Bank of the Russian Federation (CBR) announced that it has revoked the licenses of five Russian foreign exchange (FX) trading companies. According to...

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gpi Makes SWIFT Cross-Border Gains
gpi Makes SWIFT Cross-Border Gains
December 20, 2018  |  B2B Payments

SWIFT has noted that gpi payments make up more than half of its cross-border traffic. The Fed sees marquee tech names pushing for faster payments,...

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Kenya Gets Ready To Unveil Sandbox Policy
Kenya Gets Ready To Unveil Sandbox Policy
December 18, 2018  |  B2B Payments

Kenyan financial authorities are on the cusp of unveiling a FinTech sandbox that will initially focus on robo-advisors and consider blockchain. Across Europe, Revolut looks to...

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Judo Capital Taps VERMEG For Reporting Compliance
Judo Capital Taps VERMEG For Reporting Compliance
December 17, 2018  |  B2B Payments

Australian challenger bank Judo Capital has chosen VERMEG, a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements...

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Revolut Gets Banking License By European Central Bank
Revolut Gets Banking License By European Central Bank
December 13, 2018  |  Banking

Revolut, the U.K. digital bank, announced Thursday (Dec. 13) that it received approval for a banking license in Europe by the European Central Bank. Get...

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FCA Awards P2P Lender Zopa First UK Banking License
FCA Awards P2P Lender Zopa First UK Banking License
December 04, 2018  |  Banking

British peer-to-peer lender Zopa announced that it has been awarded a U.K. banking license, with restrictions, from the Financial Conduct Authority (FCA). Get the Full...

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CivilisedBank Ready To Reapply For Banking License
CivilisedBank Ready To Reapply For Banking License
November 15, 2018  |  B2B Payments

U.K. challenger bank CivilisedBank forfeited its banking license earlier this year with plans to shift its focus to underlying infrastructure and technology. Now, the company...

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UK’s Request To Expand Market Access After Brexit Isn’t Likely In Near Term
UK’s Request To Expand Market Access After Brexit Isn’t Likely In Near Term
September 04, 2018  |  Brexit

The U.K.’s request for the European Union to expand its financial market access after Brexit isn’t going to be met in the near future. Get the Full...

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