Revolut is on a winning streak. The fintech giant has smashed through
2023 with jaw-dropping successes, leaving its competitors in the dust and
setting new benchmarks in the industry. Lets dive into the highlights of Revolut’s spectacular year and...
HSBC has
been issued a £57.4 million ($73 million) penalty by the UKs Prudential
Regulation Authority (PRA) over "serious failings" in protecting some
customer deposits as required under British banking rules.HSBC fined $73 million by
UK regulator...
Obtaining a banking license in the UK offers a world
of opportunities and advantages, but securing one is no mean feat. The process
involves rigorous scrutiny by the Prudential Regulation Authority (PRA) and the
Financial Conduct Authority (FCA),...
The Bank of England (BoE) has published a discussion paper today (Monday), revealing its plans to regulate stablecoins, which pose a “significant risk to financial stability” and can “undermine public confidence in money and payments.”BoE Will...
XS.com Appoints New Senior
Customer Support ManagerXS.com, a
global FinTech and financial services provider, has announced the appointment
of Pavlina Zinonos as their new Senior Customer Support Manager. Zinonos brings
over 15 years of industry...
Metro Bank, a
well-known high-street bank in the United Kingdom, has recently made headlines
owing to a number of obstacles and issues. The bank, which was created in 2010
with the promise of providing a new approach to banking, has suffered a...
New Head of Technology Strategy at Hantec Markets
Michael OSullivan has left his role at INFINOX to join Hantec Markets as the new Head of Technology Strategy. He joined INFINOX in January 2021 as the Head of Technology and departed as the Chief...
The United Kingdom government could rebalance the power between the Bank of England and the country’s principal financial regulator, the Financial Conduct Authority.
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