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Dutch paytech Online Payment Platform secures EMI licence in the UK

EMI License: Online Payment Platform (OPP) has received an electronic money institution (EMI) license from the FCA in the UK, expanding its service...

Griffin receives full UK banking licence and $24m investment to spur growth

Griffin Granted Full UK Banking License:Regulatory Approval:Banking-as-a-Service (BaaS) provider Griffin has received approval from the UK’s financial regulators, the Financial Conduct Authority...

FCA greenlights Klarna for payment and credit services in the UK

The Financial Conduct Authority (FCA) authorizes Klarna to regulate payment and credit services in the UK. The authorization covers Klarna's credit products (Term...

FCA places embattled Metro Bank on financial crime watchlist as rescue deal continues

Metro Bank's Situation: The bank is on the Financial Conduct Authority's (FCA) financial crime watchlist, confirmed on June 6. Reasons for Listing: The FCA's action...

Dutch paytech Mollie receives UK payment institution licence from the FCA

Dutch paytech firm Mollie receives a UK payment institution license from the FCA. Mollie plans to operate as a dual-licensed financial services group,...

UK’s FCA places partner onboarding restrictions on embedded payments platform Modulr

Modulr, a London-based electronic money institution (EMI), has been subjected to partner onboarding restrictions by the Financial Conduct Authority (FCA). As an EMI,...

UK’s Financial Conduct Authority to step up protections for cash access

The UK's Financial Conduct Authority (FCA) is introducing new protections for cash deposit and withdrawal services in response to a parliamentary request. FactsThe FCA...

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