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UK's ClearBank Reports that European Fintech Firms Consider Banks to be Key Partners in Ensuring Regulatory Compliance - Vimarsana News

UK's ClearBank Reports that European Fintech Firms Consider Banks to be Key Partners in Ensuring Regulatory Compliance

May 1, 2021 @ 3:56 pm By Omar Faridi ClearBank, the UK’s first “new clearing bank” in over 250 years which aims to bring open competition and transparency to the nation’s financial services sector, has published a report covering the working relationships between banks and Fintechs. The report is titled, How Well are Fintechs Served by Banks? (the State of Agency Banking Across Europe). As noted by ClearBank, the new report is based on an independent survey of 100 Fintech firms across the Netherlands, Lithuania, Sweden, Switzerland and the United Kingdom. According to the report, the...