Tagged: specialist bank

August 22, 2023 @ 7:12 am By Omar Faridi  |  

It can be beneficial to support new businesses through a dedicated pre-regulated service and operating account, through to a fully licensed bank. This approach can provide cost-effective “access to Faster Payments (FPS) – offering all the advantages of the UK’s faster payments infrastructure to its… Read More

July 31, 2023 @ 11:52 am By Omar Faridi  |  

The Board of Vanquis Banking Group plc, a specialist bank, is pleased to announce the acquisition of the money-saving fintech Snoop Limited. Snoop provides its customers with personalized insights “to help them better understand and manage their finances.” The Snoop app uses AI and open… Read More

August 20, 2022 @ 3:09 pm By Omar Faridi  |  

The property sector across the United Kingdom is set for a £3 billion “boost” as specialist bank GB Bank officially launches “after receiving its full UK banking license.” The banking license “allows Middlesbrough-headquartered GB Bank to start driving its ambitious plans forward.” It has committed… Read More