VILNIUS, April 8 (Reuters) - Lithuania's central bank has fined Britain's most valuable start-up Revolut 3.5 million euros ($3.83 million) for failures in money-laundering prevention, the bank ...

VILNIUS (Reuters) - Lithuania's central bank has fined Britain's most valuable start-up Revolut 3.5 million euros ($3.83 million) for failures in money-laundering prevention, the bank said on Monday.

The Bank of Lithuania has fined British fintech Revolut 3.5 million euros ($3.8 million) for violating the country's anti-money-laundering requirements. The levy came after a scheduled inspection of ...

VILNIUS (Reuters) - Lithuania's central bank has fined Britain's most valuable start-up Revolut 3.5 million euros ($3.83 million) for failures in money-laundering prevention, the bank said on Monday.

Digital bank Revolut has reportedly achieved significant milestones that underscore its steady growth and strategic vision. Revolut has surpassed one million retail customers in Switzerland ...

It means that customer money must be held separately from Revolut's own assets If it was to collapse, customers would be paid out from the client money bank accounts. This process would be handled ...

Revolut has raised over 500,000 pounds ($631,000) through this campaign, and is planning to donate an additional 200,000 pounds ($252,000) by itself, the company said. Since 2022, people have sent ...

Revolut, the UK fintech firm, has been hit with a €3.5m (£3m) fine by the Bank of Lithuania due to deficiencies in its anti-money laundering controls. The neobank was criticised for "violations ...

The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global trade uncertainty is going to impact the Canadian economy. The central bank ...

Well, scientists have already proven it can be done. And now they’ve developed a new kind of transparent wood that acts like glass but with surprising advantages. Not only is it strong and ...

Bank of America is advising investors to short the S&P 500 (SPY) until two things happen. First, the Federal Reserve needs to cut interest rates significantly, and second, the U.S. and China need ...