Tag: N26

Germany digital bank N26 has been issued a €4.5m fine from the Federal Financial Supervisory Authority (BaFin) for its delay in submitting reports around AML.

German financial regulator BaFin has ordered challenger bank N26 Bank to implement appropriate controls and safeguards to prevent money laundering and terrorist financing.

Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.

Hot on the heels of having acquired Wirecard Communication Services GmbH, IDnow has now named Bettina Pauck as its new chief operations officer.

From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.

From challenger banks to stock trading apps, the last week has seen a smattering of both massive funding rounds and smaller seed investments.

While times seem bleak at the moment with the COVID-19 pandemic, some FinTechs are doing their best to help. In tough times, the best way to succeed is to come together and a number of FinTech companies are doing just that, offering their services for free to those helping to tackle the virus or those that have been impacted by it.

The COVID-19 outbreak has forced many FinTechs to have their staff work from home. However, what should these companies consider when encouraging remote working?

Massive geopolitical events continue to stir up a lot of financial market volatility, according to the EU’s leading financial markets watchdog.

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.