Britain's financial regulator has fined digital bank Monzo 21 million pounds ($28.57 million) for inadequate protection ...

The digital bank has been fined £21m by the City regulator for anti-fraud failures.

Monzo has been fined £21m by the Financial Conduct Authority (FCA) for its failures regarding anti-financial crime measures.

The FCA said Monzo’s financial crime systems and controls ‘failed to keep pace’ with its rapid growth in customers numbers in ...

Britain's financial regulator has fined digital bank Monzo 21 million pounds ($28.57 million) for failings in its ...

The UK financial regulator has fined Monzo £21mn for repeatedly breaching rules against opening accounts for “high-risk customers” after the digital bank took on clients that provided “obviously ...

Monzo has been fined £21m by the FCA after allowing fraudsters to open accounts using implausible addresses including ...

FCA mentioned that Monzo's address verification controls were inadequate, as they failed to verify all beneficial owners and ...

Britain’s digital bank Monzo has been fined £21 million (€25 million) for failing to prevent financial crime, after it ...

Britain's financial regulator has fined digital bank Monzo £21m for inadequate protection against financial crime, which ...

Monzo Bank has been fined £21million for 'inadequate anti-financial crime systems' spanning a period between October 2018 and ...