2025 – Page 356 – FintechDaily

Treasury Plans to Put BNPL Regulations on Hold

The government is reportedly set to abandon its plans to impose stricter regulations on Britain's rapidly expanding 'buy now pay later' (BNPL) industry, according to...

HSBC, TSB, and Nationwide Criticized by CMA for Inaccurate Transaction History Reporting

The Competition and Markets Authority (CMA) has criticized HSBC, Nationwide, and TSB for "significant failures" in reporting transaction histories for both personal and business customers...

UK RegTech Eflow Secures £7 Million for International Growth

UK-based regtech eflow Global has successfully raised £7 million in a Series A funding round led by Finch Capital. Atempo and ScaleUp Group also participated...

N26 Names New Chief Risk Officer to Address AML and Compliance Challenges

N26 has announced the appointment of Carina Kozole, formerly of HypoVereinsbank, as its new chief risk officer, addressing a crucial gap in its leadership team....

FCA Indicates Banks Face Significant Challenges in Adapting to New Consumer Duty Regulations

With the new Consumer Duty set to take effect next week, the Financial Conduct Authority (FCA) has revealed that 7.4 million individuals attempted to contact...

Bank of Ireland Attributes Latest Glitch to “Technical Issue”

Bank of Ireland (BoI) experienced another outage on Friday when its mobile banking app was down for approximately four hours. Starting around noon, customers were...

Wealthtech Prosper Reaches £1 Million in Crowdfunding目标

Prosper, the UK wealthtech venture founded by alumni from Tandem and Nutmeg, has successfully raised £1 million through a crowdfunding campaign on Crowdcube. The company...

Agile ESG Reporting Software: Essential in Navigating the Changing Regulatory Landscape

Mounting regulatory requirements and increasing stakeholder pressure are fueling a significant rise in demand for ESG reporting and data management software, creating a multi-billion dollar...

FS Giants Collaborate on Open Standards Initiative for Unified Cloud Controls

The Fintech Open Source Foundation (Finos) is initiating an open standard project aimed at establishing consistent controls for compliant public cloud deployments within the financial...

eToro Secures Virtual Asset Exchange Registration with the Bank of Spain

The Bank of Spain has approved the registration of eToro as a service provider for the exchange of virtual currency for fiat currency and electronic...