Revolut faced orders to fix ‘deficiencies’ in product launches in Europe Fintech Revolut faced a regulatory slap-down from the European Central Bank last year as restrictions were placed on its operations in the continent. Europe’s most valuable fintech company had its permission to release new products across the 27 countries covered in the European Economic Area temporarily suspended last summer. The bank was instructed to rectify “deficiencies” [...]
‘Dual squeeze’: FCA approvals for e-money licences plummet Fintech The number of successful applicants for e-money licences has plummeted in the last few years raising further questions over a slow down in market growth. Fresh figures – revealed in a Freedom of Information request by financial regulation consultancy Pathlight Associates – showed just 35 applicants were able to bag an electric money institution (EMI) [...]
Revolut eyes trading and wealth push amid hiring spree Fintech Revolut has laid out its initial blue-print for major expansion in its trading operations after the fintech giant bagged its full-fat UK banking licence earlier this month. The $75bn digital banking juggernaut has kicked off a hiring spree at its Canary Wharf headquarters as well as other financial hubs across the globe. The fintech has [...]
Europe’s second largest neobank joins rush for US banking licence January 7, 2026 Europe’s second biggest digital bank has become the latest fintech aiming to capitalise on President Donald Trump’s deregulation agenda after filing for a US banking licence. Bunq has set its sights on the US after lodging an application for a national charter to operate as a bank with a US Treasury Bureau. The Dutch challenger [...]
BBC charter review opens with trust broken and money running out December 16, 2025 The government has fired the starting gun on a charter review that will determine how the BBC is governed, funded, and held to account. Culture secretary Lisa Nandy on Tuesday launched the formal review of the BBC’s Royal Charter, setting out a broad consultation on trust and long-term funding as audience behaviour continues to shift [...]
The Debate: Should the BBC licence fee be scrapped? November 12, 2025 The BBC is facing an 'existential crisis' according to some. But is it time to scrap the licence fee altogether?
BBC has no right to taxpayer money if it cannot prove impartiality November 11, 2025 Unless the BBC can prove, definitely, that it is unbiased, it has no right to taxpayer money, writes Oliver Dean.