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Bussiness

FCA takes next steps in developing regulated crypto regime

Admin - December 16, 2024

The UK's Financial Conduct Authority has set out its latest steps to improve the integrity of the UK's crypto market.EditorialThis content has been selected,...

Bussiness

FCA fines Wise CEO Käärmann £350,000 for breach of senior manager conduct

Admin - October 28, 2024

Wise CEO Kristo Käärmann has been slapped with a £350,000 fine by the FCA for a breach of senior manager conduct relating to his...

Bussiness

APP fraud declines in H1; card not present cases up by 26%

Admin - October 17, 2024

Financial losses from authorised push payment (APP) fraud, romance and purchase scams and impersonation deceptions show a marked decline in the first half of...

Bussiness

Klarna sells UK loan book to hedge fund Elliot Avdisors

Admin - October 16, 2024

Klarna is to offload its UK loans book to hedge fund Elliot Advisors in an effort to free up £30 billion to fund its...

Bussiness

Starling Bank fined £29m for ‘shockingly lax’ AML screening

Admin - October 2, 2024

The Financial Conduct Authority has fined Starling Bank £29 million for failings related to its financial sanctions screening.EditorialThis content has been selected, created and...

Bussiness

Lloyds hires AWS exec to head up new AI and analytics unit

Admin - August 5, 2024

Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics.EditorialThis content has been selected,...

Bussiness