German Regulator Fines Nexi €30,000 Over AML Failings
German paytech Nexi has been fined for falling short of its legal anti-money laundering (AML) …
BaFin Takes First MiCA Enforcement Action
Germany’s financial supervisory authority (BaFin) has taken its first enforcement action under the EU’s Markets …
Daily Dash: BaFin Fines Ratepay Over AML Compliance Failures
The German Federal Financial Supervisory Authority (BaFin) has fined payment institution Ratepay €25,000 for breaches …
EU Lawmaker Raises Concerns Over Rising Card Fees
The European Commission has been urged to address the issue of commercial cards, used increasingly …
Daily Dash: BaFin Flags Virtual IBANs As Money Laundering Risk
Germany’s Federal Financial Supervisory Authority (BaFin) has joined the European Banking Authority and the Banca …
BaFin Cracks Down On Payone Over Capital And AML Inefficiencies
The German Financial Supervisory Authority (BaFin) has ordered Payone to increase its capital reserves and …
German Banks Tell ECB: 'There Is A Need For Improvement' Over Digital Euro
The German Banking Industry Committee has set out what it feels are essential requirements for …
Daily Dash: BaFin Fines Islamic Bank €600,000 Over AML Deficiencies
Germany’s Federal Financial Supervisory Authority (BaFin) has levied a €600,000 fine on KT Bank for …
Daily Dash: Brussels-Backed EPI Scores With E-Commerce Trial
The European Payments Initiative (EPI) and Germany’s Volksbanken Raiffeisenbanken cooperative financial network have announced the successful …