Tag: bank of england
Revolut UK bank licence expected to be blocked by Bank of...
UK fintech Revolut has been dealt a major blow in its plans to establish itself as a traditional bank having withdrawn its licence application...
Bank of England assembles new team to accelerate CBDC plans
The Bank of England is looking to further its plans to release a potential Central Bank Digital Currency (CBDC) by forming a team to...
PRA censors Wyelands Bank over ‘wide range of breaches’
The Bank of England has announced that Wyelands Bank has been censured by the Prudential Regulation Authority (PRA) over a four-year period of regulatory...
Digesting the Digits – SEC charges a host of celebrities and...
Number crunching is a key component of the payment industry, with digits being scattered across the sector’s key stories.
Each week, Payment Expert digests these...
Six central banks step in to grow purchasing power of US...
An alliance between six central banks is being formed in an effort to increase the flow of the US dollar through the global financial...
Digital Pound can “enhance UK financial infrastructures”
The UK is exploring its next step in becoming a global hub for digital payment innovation with the official launch of a consultation into...
Report: 2030 likely to see the introduction of ‘Britcoin’ as digital...
According to a report by the Telegraph, a statement is expected by both the Bank of England and HM Treasury next week, in which...
UK’s top banks create joint firm to drive financial inclusion
Nine of the UK's biggest banks have initiated a joint scheme to introduce shared banking hubs in parts of the country through Cash Access...
Bank of England reveals King Charles III banknotes
The Bank of England has revealed what the new banknotes bearing the likeness of King Charles will look like.
Notes are expected to enter circulation...
Crypto regulation calls intensify from Bank of England after FTX collapse
Bank of England Deputy Governor, Sir Jon Cunliffe, has called for the introduction of regulatory guidelines surrounding crypto to avoid another collapse similar to...
