Revolut is lining up to apply for a UK banking licence because of Brexit
From: FinTech Global
Challenger bank Revolut is preparing to submit a banking licence application to the Bank of England.
The neobank, which raised a $500m round a...
Fifth Third Bank fights back against CFPB’s allegations that it had opened bank accounts...
There seems to be a legal battle brewing between the US government and a Cincinnati-based bank.
Monzo founder says the “positive effect of open banking on innovation has been nil”
When open banking was first introduced, it was suggested that it would enable both big banks and smaller firms to innovate. However, the founder of Monzo believes there has been zero positive effects of open banking so far.
Nine out of ten financial firms still struggle to obey data privacy laws despite...
The past few years have seen the introduction of many new laws aimed at protecting people’s privacy. However, it seems as if the financial services industry is still struggling to comply with them.
ESMA wants to hear what the securities industry thinks about its new proposals
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is thinking of changing the Benchmarks Regulation, the rules that aim to ensure the accuracy and integrity of benchmarks.
UK regulator FCA begins review on data in wholesale markets and calls for industry...
The Financial Conduct Authority (FCA) is reviewing the use and value of data and advanced analytics in wholesale financial markets, both now and in the future.
11 women changing the US RegTech industry you need to know about right now
The US is spearheading the RegTech revolution. So why not find out more about the women leading the charge?
Should businesses be forced to make climate-related disclosures?
The Financial Conduct Authority (FCA) has asked British businesses about what they think about new proposals outlining climate-related disclosure requirements for companies.
Australian FinTechs divided as regulators allow screen scraping
Screen scraping may be on the way out in Europe, but Australian regulators see no reason to ban it just yet.
Experts say Robinhood class-action lawsuit unlikely after service outage
Robinhood, the commission-free stock-trading app, suffered a service outage earlier this week that left customers furious. However, experts believe users’ threats to take legal action will be difficult to follow up.
