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

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

This is the 10th financial crime control failings-related fine imposed by the FCA in the last four years, and follows a ...

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

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

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

Monzo has been hit with a £21m fine from the Financial Conduct Authority after 'repeatedly' opening accounts for risky ...

British online bank Monzo has been fined over £21 million by the Financial Conduct Authority (FCA) after they allowed ...

Monzo Bank has been fined £21m for lax anti-financial crime controls and allowing tens of thousands of high-risk customers to ...

The bank failed to maintain adequate anti-financial crime systems and controls from October 2018 to August 2020.