UK regulator orders British banks to explain their overdraft rate hikes
Several UK banks have changed their overdraft rates to be around 40%, more than double some of their previous charges. Now the Financial Conduct Authority (FCA) wants to understand why.
Travelex’s offerings are finally back online after almost a months’ outage caused by a...
Travelex’s foreign exchange services were crippled on New Year’s Eve when the company discovered a ransomware in its system.
UK consumer confidence doubles over the past decade
UK consumer confidence in financial institutions has doubled since 2010, according to research from Harris Interactive.
CFTC slams trader with $10m fine
A US regulator has fined a commodity pool operator over $10m for allegedly filling misleading statements and failing to implementing an adequate supervisory system to prevent such misstatements.
AppOmni collets $10m in Series A led by ClearSky
AppOmni, a SaaS security and management platform, has collected $10m in its Series A which was led by ClearSky.
UK government propose new guidelines to boost the cybersecurity of the internet of things
Connected devices can create considerable cybersecurity concerns for businesses. Now the UK government is proposing new requirements to minimise the threat.
Payment Systems Regulator calls for opinions on regulation changes
The UK’s Payment Systems Regulator (PSR) has asked for opinions regarding competition issues which could occur following the New Payments Architecture (NPA).
Identity verification startup Persona nets $17.5m in Series A funding round
Having secured $17.5m in additional funds from investors like Coatue Management and First Round Capital, Persona is now looking to develop its solutions and grow its team.
Singapore introduces new payment regulation
The Monetary Authority of Singapore (MAS) has launched the new Payment Services Act (PS Act) which bolsters consumer protections within electronic payments.
Banking API company Teller announce new $4m seed round to take on Plaid
Venture capital Lightspeed Ventures, Founders Fund and PayPal founder Max Levchin's SciFi VC have joined forces to back banking API provider Teller’s new funding round.
