Prudential Regulation Authority

Today In Digital-First Banking: Cashplus Granted Bank License By UK Regulator; GajiGesa Indonesia Lands $2.5 Million In Funding

Today In Digital-First Banking: Cashplus Granted Bank License By UK Regulator; GajiGesa Indonesia Lands $2.5 Million In Funding
Today In Digital-First Banking: Cashplus Granted Bank License By UK Regulator; GajiGesa Indonesia Lands $2.5...
February 04, 2021  |  Banking

In today’s top news in digital-first banking, Cashplus received an unrestricted banking license from the Prudential Regulation Authority, while GajiGesa Indonesia has notched $2.5 million...

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UK Regulators Call For Backup Plans Following Bank IT Glitches
UK Regulators Call For Backup Plans Following Bank IT Glitches
December 05, 2019  |  Bank Regulation

U.K. regulators on Thursday (Dec. 5) called on banks and payment firms to set “impact tolerances” for important services after numerous IT failures last year,...

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Citigroup Fined $56M In UK For Regulatory Reporting Miss
Citigroup Fined $56M In UK For Regulatory Reporting Miss
November 26, 2019  |  Bank Regulation

The Prudential Regulation Authority (PRA), the supervisory arm of the Bank of England (BoE), has fined Citigroup a record-breaking $56.3 million for not completing accurate...

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Cyber Stress Tests Loom For U.K. Insurers
Cyber Stress Tests Loom For U.K. Insurers
July 06, 2017  |  Cybersecurity

The Prudential Regulation Authority (PRA), the financial regulator overseeing the United Kingdom, has directed insurers to conduct “stress tests” tied to cyber attacks, the Financial...

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