In brief: N26 sanctioned for AML controls failure
German financial watchdog BaFin has publicly blamed online bank N26 for weak anti-money laundering controls and fined it €4.25 million.
ADN'ews by Galitt is a content platform dedicated to innovation in financial services and payment.
German financial watchdog BaFin has publicly blamed online bank N26 for weak anti-money laundering controls and fined it €4.25 million.
Four years after its introduction in 2018, the European Commission regrets that the adoption of instant payments is too slow. It has therefore ju...
FACTS The British FinTech Chetwood Financial launched in 2016 and, until recently, focused on consumer lending offers. They have just been ...