FCA Fines Starling Bank £29M for Financial Crime Failings
Hey FinTech Fanatic!
Starling Bank has been hit with a £28.9 million fine by the Financial Conduct Authority (FCA) for serious failings in its financial crime systems. Despite its explosive growth—surging from 43,000 customers in 2017 to 3.6 million in 2023—Starling’s controls on financial