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...
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.
Eight FinTech and RegTech companies you missed at Sthml Fintech Week
The Nordics’ FinTech scene is buzzing with potential, which was evident by the trailblazing companies recently attending Sthlm Fintech Week.
The Stockholm event was full...
How Danske Bank’s money laundering scandal could pave the way for Nordic challenger banks
Neobanks in the Nordics may have had a slow start, but things may soon be about to change.
JPMorgan will block any FinTech not following its new cybersecurity rules from accessing its...
FinTech companies have until the summer to get on board with JPMorgan’s new data access agreement or risk being cut off from accessing the investment bank’s data.
bunq makes fun of N26’s decision to pull out of the UK because of...
German challenger bank N26 is going to cancel its UK operations, blaming the Brexit regulatory uncertainty for the decision. Now, a Dutch competitor is making fun of it.
N26 pulls the plug on UK operations due to Brexit and its resulting legal...
The UK has officially left the EU. Now, a huge European FinTech company has pulled the plug on its British operations.
RBS’ banking app Bó faces another setback as it forces 6,000 customers to destroy...
The Royal Bank of Scotland’s (RBS) banking app Bó has suffered yet another setback after it had to send out new cards to 6,000 customers as their old ones were non-compliant with the EU’s strong customer authentication (SCA) rules.
Meet the FinTech startups selected for Tech Nation’s Upscale 5.0 cohort
With unicorn alumni like Monzo, Improbable, Bulb and Bloom & Wild, Tech Nation’s Upscale accelerator programme has an impressive track record.
UK challenger bank Vive Bank gets a restricted banking licence
Having just been granted a restricted banking license by the Bank of England, Vive Bank is now months away from launching its first line of products.
