Bank of Ireland’s UK arm hit with £3.8m fine for fraud failures Banking The Bank of Ireland’s UK arm has been slapped with a hefty fine after failing to hit the deadline by over a year to implement an anti-fraud service. The lender was hit with a £3.7m fine from the Payments Systems Regulator (PSR) for missing the deadline by 14 months for a “vital” service that would [...]
Find new restaurant openings in London with our new website Life&Style London’s restaurant scene is unlike anywhere else in the country, with a constant ebb and flow of business opening and closing. Keeping up with the newest restaurants can feel like a full time job even for those who work in the business. So we at City PM have developed a new website, NewOpenings.London, that aims [...]
UK fintech Plum follows Klarna in securing e-money licence Fintech Smart money app Plum has managed to secure an e-money licence from the City watchdog, City PM can reveal, even as the volume of application approvals slumps. Plum, which was founded by the former head of banking at Wise, Victor Trokoudes, in 2016, has received authorisation to operate as an Electronic Money Institution (EMI) from the Financial [...]
CMA targets Apple and Google’s market dominance to strengthen UK app market July 23, 2025 The UK’s competition watchdog has proposed a sweeping shake-up of the mobile app economy, with plans to designate Apple and Google as having “strategic market status” (SMS) – a move that could open the door to new rivals, lower development costs, and broadly loosen the tech giants’ tight grip on the mobile ecosystem. In a [...]
