Tag: Compliance
CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90...
Philadelphia’s Citadel Federal Credit Union agrees to pay $6.5m to settle allegations of redlining
Citadel Federal Credit Union will pay over $6.5 million to settle allegations of redlining in predominantly Black and...
TSB Bank fined £10.9m by FCA over handling of customers facing financial difficulty
TSB Bank was fined £10,910,500 by the Financial Conduct Authority (FCA) for failing to treat customers in arrears...
Mastercard acquires Minna Technologies to upgrade subscription experience
Mastercard has agreed to acquire Swedish fintech Minna Technologies, specializing in subscription management, for an undisclosed amount.
Minna...
ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more
Loop:Funding Raised: $4.7 million (CAD 6.4 million).
Headquarters: Toronto, Canada.
Investors: Mistral Venture Partners, Luge Capital, Graphite...
Lloyds Bank taps Cleareye.ai to streamline trade finance documentation processing
Lloyds Bank has partnered with Cleareye.ai, a California-based AI and machine learning company, to enhance trade finance documentation...
EU financial services analytics maturity report
Current State of Analytics: Evaluates the existing analytics capabilities of EU financial services providers.
Impact of Privacy Legislation:...
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more
ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing.
Funds will be used for...
Texas-based TransPecos Banks selects Oscilar’s risk management tech for BaaS compliance
Partnership Announcement: TransPecos Banks, a Texas-based community bank, has partnered with San Francisco-based fintech Oscilar to enhance its...
Caribbean-based Proven Bank taps Ireland’s Fenergo for transaction monitoring solution
Proven Bank Partners with Fenergo to Enhance AML Compliance
Key Points:Partnership Overview:Caribbean-based Proven Bank has partnered with Irish...
Qonto receives order from Banca d’Italia to improve AML measures in its Italian subsidiary
Qonto Ordered to Improve AML Measures by Banca d’Italia
Key Points:Order from Banca d’Italia:French business banking fintech Qonto...
Coinbase’s CB Payments unit fined £3.5m by FCA
FCA Fines Coinbase’s CB Payments Ltd (CBPL)
Key Points:Fine Imposed:Amount: £3,503,546 million.
Reason: Alleged breaches of a requirement...