Tech Nation launches Fintech Pledge to support UK fintech industry
Barclays, Lloyds Banking Group, HSBC, NatWest Group, and Santander are the early signatories of the Fintech Pledge
Industry News
Indian public sector banks introduce doorstep banking services
10 Sep 20Financial services under the doorstep banking service will be offered from next month
TD Bank fined $122m for violating overdraft rules
21 Aug 20The fine includes $97m as reimbursement for 1.42 million customers and $25m as civil penalty
UK’s HM Treasury launches review for strengthening fintech sector
21 Jul 20The review is expected to help in determining priority areas for industry, policy makers, and also regulators to…
Spain: EIB Group and Santander provide almost €760m for SMEs affected by COVID-19
14 Jul 20The EIB is providing this loan as part of its initial package of emergency measures to support European…
MAS’ blockchain payments network Project Ubin ready for commercialisation
13 Jul 20The prototype can be integrated with other blockchain-based platforms for end-to-end digitalisation across several industries
American Express, Discover, Mastercard, Visa to launch Click to Pay globally
09 Jul 20The new solution is aimed at making the online checkout simple and secure for consumers across web and…
EC takes three member states to court over non-implementation of AML rules
06 Jul 20The European Commission has referred the three countries to the Court of Justice of the European Union, seeking…
ASIC sues CBA and subsidiary over conflicted remuneration payment
23 Jun 20ASIC has alleged that over AUD22m ($15.2m) in conflicted remuneration was paid for the distribution of Commonwealth Essential…
FCA announces proposals to further support consumer credit customers
22 Jun 20For customers yet to request a payment freeze or an arranged interest-free overdraft of up to £500, the…
