Lithuania Fines Revolut €3.5m For AML Failings
The Bank of Lithuania has fined Revolut €3.5m after a scheduled inspection uncovered breaches of …
Kotak Mahindra Bank Cleared To Onboard Customers Again Following Enforcement Action
One of India’s largest banks may resume normal operations again following the lifting of a …
Daily Dash: Troubled E-Money Firm Nvayo Enters Special Administration
Nvayo Limited, an e-money institution regulated by the UK’s Financial Conduct Authority, has entered special …
Daily Dash: Luxembourg Reprimands Citibank Over Compliance Failures
Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier, has issued a reprimand to …
Wise To Pay $2.5m To Settle 'Illegal Remittance' Allegations In US
Remittance firm Wise has settled with the Consumer Financial Protection Bureau over allegations that it …
Revolut And mPay Ordered To Refund Consumers In Poland Over Unfair Fee Changes
The president of Poland’s Office of Competition and Consumer Protection (UOKiK) has issued new decisions …
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 …
Google To Appeal $12m Fine In Indonesia For Anti-Competitive Payments Practices
Tech giant Google has told Vixio that it will appeal against an antitrust fine in …
Block Hit By Second Fine In US Due To 'Weak' Fraud Controls
A second US regulator has fined Block, operator of Cash App, for failing to protect …