#clearbank-europe

#clearbank-europe

Thread Bank operates primarily through a partnership-driven embedded banking approach to expand its distribution and reach new clients, reflecting the evolving competitive landscape of community banks.

Hundreds of thousands of young people in this country don't know they have a CTF, let alone how to access it. Some will have a couple of thousand pounds sat there that would really help them as they begin adult life.

The National Monetary Council of Brazil has published a resolution that issues a blanket ban on prediction market contracts related to non-financial underlying events. Resolution No. 5,298, issued on April 24, established that derivative contracts related to real sporting events, virtual online gaming events, or real or virtual events of a political, electoral, social, cultural, or entertainment nature are prohibited in the country.

It's obviously welcome to see savings rates go up. Albeit from a low enough base. Several new providers such as Moco, Monzo, and Bankinter are all now quite active in the savings space in Ireland, so this is perhaps a response to increased competition.

Launching a fund used to be a real test of endurance, with timelines often stretching across many months. The process demanded patience that many ambitious founders found difficult to sustain.

Hardworking Americans shouldn't have to wait days to access their own money or pay extra just to move it. The current system is outdated. PACE Act modernizes our system to deliver faster payments, lower costs.

The FCA's enforcement action targeted unregistered peer-to-peer crypto traders, emphasizing that these operations are illegal and pose significant financial crime risks. Steve Smart stated, 'We will use our powers and work with partners to disrupt them.'

The fintech giant has unveiled a new strategic direction for Revolut Pay, announcing plans to make its one-tap checkout work seamlessly across all agentic commerce platforms in the UK and the European Economic Area (EEA). At the heart of the move is Revolut Pay's compatibility with Google's Agent Payments Protocol (AP2), positioning the company early in a fast-moving mix of payments and artificial intelligence.

Launching our UK bank has been a long-term strategic priority for Revolut and marks a significant moment in our journey. The UK is our home market and central to our growth. We look forward to introducing a full suite of banking services to our millions of UK customers, bringing the same innovative experience we already provide across the rest of Europe.

The problem Finperks is solving is structural. The prepaid market is large and growing but operationally fragmented: a bank that wants to offer brand-funded cashback to retain customers, or an HR platform looking to distribute Germany's €50-per-month tax-free employee benefit known as the Sachbezug, currently has to navigate multiple providers across multiple functions.

The new entity, Revolut Bank UK Ltd, will gradually begin rolling out current accounts to customers, starting with a limited group before expanding to the company's 13 million UK users over the coming weeks. The approval allows Revolut to move out of the "mobilisation" phase of its banking licence, the period during which a company prepares operational systems and governance before offering full banking services.