bank regulation

Why EU Regulators, Policymakers Are Betting on a Retail CBDC
Why EU Regulators, Policymakers Are Betting on a Retail CBDC
July 04, 2022  |  CBDC

Most of the central banks in western countries have formally adopted a neutral position when it comes to the decision of whether to issue a...

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EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
July 01, 2022  |  Digital-First Banking

This week in the news, the U.K is to get two new neobanks as Ashman and Kroo are granted licenses. Ashman has been issued a...

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UK Seeks Guidance on New Open Banking Roadmap, Regulator
UK Seeks Guidance on New Open Banking Roadmap, Regulator
June 29, 2022  |  Bank Regulation

Last week, on June 24, the U.K. Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) issued two different statements about the future of...

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Volt Exits Banking Sector; Will Return License, Funds 
Volt Exits Banking Sector; Will Return License, Funds 
June 29, 2022  |  Digital-First Banking

Australian challenger bank Volt is returning more than $100 million to its estimated 6,000 customers next week and handing its banking license back to regulators...

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EBA Recommends a Standard API for Open Banking in New PSD3 
EBA Recommends a Standard API for Open Banking in New PSD3 
June 28, 2022  |  Bank Regulation

The European Banking Authority (EBA) published on Thursday, June 23 an opinion in response to the European Commission’s call for advice on the upcoming review...

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EBA’s Report Includes Crypto, Payments and AML as 2022 Priorities 
EBA’s Report Includes Crypto, Payments and AML as 2022 Priorities 
June 17, 2022  |  Bank Regulation

The European Banking Authority (EBA) published on Wednesday, June 15, its Annual Report which describes in detail the activities and achievements of the Authority in...

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CFPB Seeks Public Comment on Big Bank Customer Service
CFPB Seeks Public Comment on Big Bank Customer Service
June 14, 2022  |  CFPB

The federal Consumer Financial Protection Bureau is asking the public to suggest ways customers can successfully demand “better customer service” from big banks. “In today’s...

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UK Regulator Puts Scandal-Plagued Credit Suisse Under the Microscope
UK Regulator Puts Scandal-Plagued Credit Suisse Under the Microscope
June 13, 2022  |  Bank Regulation

The U.K. Financial Conduct Authority has put Credit Suisse on a watchlist of companies needing tougher supervisions, a Financial Times (FT) report says. According to...

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Ant Group Intros ANEXT Bank in Singapore
Ant Group Intros ANEXT Bank in Singapore
June 06, 2022  |  Digital-First Banking

FinTech Ant Group is introducing a new bank in Singapore after receiving approval from the Monetary Authority of Singapore (MAS). The financial institution, dubbed ANEXT...

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