The Financial Conduct Authority plans to regulate specific technology products that banks use to process payments and require testing. That and more in our global payments roundup.

The Financial Conduct Authority (FCA) has fined Metro Bank £16.7 million for failures in its anti-money laundering systems.

Metro Bank has been hit with a £16.7m fine for its failure to monitor potential money laundering activities. The Financial ...

From June 2016 to December 2020, Metro Bank lacked adequate systems to monitor transactions for money laundering risks.

The FCA has signalled that it is ready to take a hard line against challenger banks for financial crime failings.

The U.K. Financial Conduct Authority (FCA) has fined Metro Bank 16.6 million pounds (U.S. $21 million) for an alleged failure ...

London’s main stock index slid to its lowest closing price for three months this afternoon amid a global sell-off. Top mining ...

Britain's Financial Conduct Authority (FCA) has fined Metro Bank 16 million pounds ($20.51 million), for failings in its anti ...

Wall Street analysts are signalling that the post-election surge in stocks could soon sputter after lifting the major gauges ...

Further to the announcements on 29 February 2024 and 11 October 2024, Metro Bank announces that following receipt of regulatory approval, Marc Page will be appointed as an Executive Director and Chief ...

The lender, which has about three million UK customers, failed to check for money laundering on millions of transactions up ...

Major bank fined after failings that left millions of customers at risk - Junior staff raised concerns about the issue years ...