Tag: metro bank
Metro Bank fined £16.6m for ‘gap’ in defence against criminals
The Financial Conduct Authority (FCA) has fined Metro Bank £16.6m for failing to properly monitor over 60 million transactions for money laundering risks.This fine originates...
Meta expands fraud prevention programme after NatWest and Metro Bank pilot
Calls for big tech and social media firms to join the fight against fraud seem to have been responded to, at least in one...
Capco announces UK Managing Partner amid growth phase
Capco, the global management and technology consultancy, has appointed Paul Riseborough as Managing Partner for Capco’s operations in the UK.In addition to becoming the...
More bank closures hit UK high street as Barclays cuts back
Barclays has become the latest UK bank to close the doors on some of its high-street branches, following shutdowns at Lloyds cutbacks at Metro...
Metro Bank reviewing opening hours and cutting jobs
Metro Bank is going through a challenging period, and tough times require tough measures, as reports suggest that the bank is making some significant...
Digesting the Digits – PA manifesto looks to solve £485m payments...
Number crunching is a key component of the payment industry, with digits scattered across the sector’s key stories. Each week, Payment Expert digests these digits...
Metro Bank eyes return to growth after securing £325M investment
Seeking to secure its future and close a period of uncertainty, Metro Bank has announced a reported £325m in extra funding from investors.It comes after...
Metro Bank hit with £5m penalty for regulatory reporting failings
A fine of £5,376,000 has been issued against Metro Bank by the Prudential Regulation Authority (PRA) for regulatory shortcomings across two key reporting areas.The...
Metro Bank founder Anthony Thomson joins Zip
Anthony Thomson, founder of Metro Bank and Atom Bank, has joined Buy Now, Pay Later (BNPL) provider Zip as Chair of the UK Board,...
Ezbob launches SaaS platform to meet consumer demand for instant services
Ezbob has launched a new modular SaaS platform to address ‘key trends’ in the fintech space, including an increased consumer demand for instant services...
