U.K. regulators said Monzo didn't properly vet new customers, while Vocalink was dinged for risk management lapses. Also, ...

Britain's financial regulator has fined digital bank Monzo 21 million pounds ($28.57 million) for inadequate protection ...

The Financial Conduct Authority shut down more than 1,600 websites in 2024 as part of a major crackdown on unauthorised financial services and online fraud. The regulator also had over 50 apps removed ...

Britain's Financial Conduct Authority has fined the online bank Monzo the equivalent of more than $28 million for failing to ...

More than half of people who have acted on financial advice they came across on social media said they ended up losing money, ...

On 2 July 2025, the FCA finally issued its long-awaited next steps document (CP25/18: Tackling non-financial misconduct in financial services) on the proposed new guidance on non-financial misconduct ...

Ziglu, a digital banking and crypto platform, has reportedly entered special administration, signaling severe financial ...

The FCA said Monzo’s financial crime systems and controls ‘failed to keep pace’ with its rapid growth in customers numbers in ...

Monzo Bank has been fined £21million for 'inadequate anti-financial crime systems' spanning a period between October 2018 and ...

The University of Birmingham is one of the six institutions to receive an award in the Financial Conduct Authority’s ...

Britain's financial regulator has fined digital bank Monzo 21 million pounds ($28.57 million) for failings in its ...