banking license

Judo Capital Taps VERMEG For Reporting Compliance
Judo Capital Taps VERMEG For Reporting Compliance
December 17, 2018  |  B2B Payments

Australian challenger bank Judo Capital has chosen VERMEG, a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements...

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Revolut Gets Banking License By European Central Bank
Revolut Gets Banking License By European Central Bank
December 13, 2018  |  Banking

Revolut, the U.K. digital bank, announced Thursday (Dec. 13) that it received approval for a banking license in Europe by the European Central Bank. In...

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FCA Awards P2P Lender Zopa First UK Banking License
FCA Awards P2P Lender Zopa First UK Banking License
December 04, 2018  |  Banking

British peer-to-peer lender Zopa announced that it has been awarded a U.K. banking license, with restrictions, from the Financial Conduct Authority (FCA). Launched in 2005,...

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CivilisedBank Ready To Reapply For Banking License
CivilisedBank Ready To Reapply For Banking License
November 15, 2018  |  B2B Payments

U.K. challenger bank CivilisedBank forfeited its banking license earlier this year with plans to shift its focus to underlying infrastructure and technology. Now, the company...

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UK’s Request To Expand Market Access After Brexit Isn’t Likely In Near Term
UK’s Request To Expand Market Access After Brexit Isn’t Likely In Near Term
September 04, 2018  |  Brexit

The U.K.’s request for the European Union to expand its financial market access after Brexit isn’t going to be met in the near future. Reuters, citing Levin...

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Swiss FINMA Plans AML FinTech Rule Revisions
Swiss FINMA Plans AML FinTech Rule Revisions
August 29, 2018  |  International

Swiss financial regulator FINMA is planning to soften anti-money laundering rules for smaller FinTech firms in an attempt to help the country become a tougher...

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Grasshopper Gearing Up To Launch Challenger Bank In New York
Grasshopper Gearing Up To Launch Challenger Bank In New York
August 09, 2018  |  Banking

Grasshopper, a new bank challenger in New York, is gearing up to go after the banking industry, reported FinTech Futures. According to the report, the...

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Startup Holds Equity Crowdsale For Banking License
Startup Holds Equity Crowdsale For Banking License
June 25, 2018  |  Banking

Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — announced it will be holding an equity crowdsale to cover the costs of obtaining a...

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