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PRA censures Wyelands Bank Plc for breaching large exposure limits and failings in its governance, controls and risk management

04/04/2023 No Comments

The Prudential Regulation Authority (PRA) has censured Wyelands Bank Plc (Wyelands) for wide-ranging significant regulatory failings between 21 December 2016 and 28 May 2020, which spanned breaches relating to large exposure limits, capital reporting, governance and risk controls and PRA Own Initiative Requirements (OIREQs) and poor retention of WhatsApp messages.

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Orange Bank and Mambu expand partnership to France 

04/04/2023 No Comments
Orange Bank today announced it will migrate to Mambu’s cloud banking platform at its head office in France based on the successful launch of Orange ...
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Volante Technologies and HCLTech join forces to accelerate cloud payments modernization for financial institutions 

04/04/2023 No Comments
Volante Technologies, the leading global provider of cloud payments and financial messaging solutions, today announced a strategic alliance with HCLTech, a leading global technology company. Together, ...
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ClearBank nearly triples YoY income to £58m in 2022 after achieving monthly UK profitability

04/04/2023 No Comments
ClearBank Ltd., enabler of bank accounts, real-time clearing, and Embedded Banking for financial institutions, today presents the results from its 2022 Annual Report revealing the ...
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