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Author: Analyst PayRate42

n a recent LinkedIn post, N26 co-founder Valentin Stalf called for urgent and systemic reform of Germany’s outdated pension system. His message is clear: simply tweaking the retirement age or adjusting contributions won’t address the fundamental problem. What’s needed...
The UK’s Financial Conduct Authority (FCA) has intensified its offensive against financial fraud by shutting down over 1,600 illegal and scam-related websites in the past year. As Finextra reports, this crackdown is part of a broader strategy to tackle...

Malta’s Crypto Licensing Model Sparks MiCA Regulator Alarm: Regulatory Arbitrage in the EU?

Malta, once dubbed the “Blockchain Island,” is under renewed scrutiny after the European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA)...

Wise Fined $4.2 Million for AML Deficiencies — Part of a Larger Regulatory Pattern Targeting Fintechs

Wise, the global money transfer platform formerly known as TransferWise, has been fined $4.2 million by the Conference of State Bank Supervisors (CSBS) for anti-money laundering (AML) compliance failures....

Bank of England Fines Vocalink for Compliance Failures: A Wake-Up Call for Critical Payment Infrastructure

Vocalink, the Mastercard-owned entity responsible for powering the UK’s real-time payments infrastructure, has been fined £1.89 million by the Bank of England for failing to meet regulatory requirements...

Ripple Taps BNY Mellon for Stablecoin Custody: Institutional Trust Meets Crypto Ambition

Ripple has selected BNY Mellon as its custody provider for the upcoming Ripple stablecoin, further signaling its intention to enter the tokenized payments race with institutional credibility...

Monzo’s £21M AML Fine: The Systemic Failures Behind the Penalty

Monzo’s £21 million fine from the Financial Conduct Authority (FCA) wasn’t just a penalty — it was a public statement. According to the BBC’s reporting and...

Ziglu Enters Administration: A Cautionary Tale of Fintech Overreach

Ziglu, a UK-based crypto and digital banking platform once viewed as a rising challenger in the neobank space, has officially entered administration. As reported...

Circle and OKX Scrap USDC Conversion Fees: A Signal of Stablecoin Wars or a Strategic Bluff?

Circle and OKX have announced they will offer zero-fee conversions between USDC and U.S. dollars for verified institutional customers on OKX's platform. The move, reported by Cointelegraph, is being framed as a push toward...

UK Fraud in 2025: The Arms Race Between Criminal Innovation and Corporate Resilience

In 2025, UK businesses are facing an escalating wave of financial crime — from AI-powered identity fraud to surging SIM swap attacks. And while...

Stitch Acquires Efficacy Payments: Strategic Consolidation in African Fintech

Stitch, one of South Africa’s leading API-first fintech platforms, has announced the acquisition of Efficacy Payments, a local player in embedded payments infrastructure. As reported...

Revolut Opens Remittances to China via Alipay — A Strategic Move or Regulatory Risk?

Revolut has announced that it will now allow its users to send money directly to Chinese bank accounts via Alipay, one of China’s most widely used...

US Treasury Sanctions Alleged North Korean IT Operative for Crypto Fraud

The United States Treasury has imposed new sanctions on a North Korean national accused of using false identities to gain employment at U.S. firms...

Singapore Sends a Message: MAS Slaps Nine Financial Institutions with $21.5M in AML Fines

In one of the most comprehensive enforcement actions in its regulatory history, the Monetary Authority of Singapore (MAS) has imposed fines totaling SGD 27.45 million (approximately USD...

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