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ECB sanctions Bank of Cyprus for transferring liquidity to subsidiaries without approval

11/03/2022 No Comments

The European Central Bank (ECB) has imposed an administrative penalty of €575,000 on Bank of Cyprus Public Company Ltd (Bank of Cyprus) after it transferred liquidity to its operating subsidiaries without seeking prior approval from the supervisor.

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Thought Machine raises $200m in Series C funding to bring world’s banks to the cloud

29/11/2021 No Comments
Founded in 2014 by former Google engineer Paul Taylor, Thought Machine provides modern, cloud native core banking technology to some of the largest and most ...
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Klarna launches the Money Talks card game to encourage open conversations around money

11/11/2021 No Comments
Klarna, the leading global banking, payments and shopping service, has launched the Money Talks card game to spark genuine and meaningful conversations around spending, saving ...
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Klarna acquires PriceRunner to strengthen banking offer for its 90m global consumers

02/11/2021 No Comments
Klarna, a leading global retail bank today announces it has signed an agreement to acquire PriceRunner. PriceRunner will bring new features in the form of ...
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