The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime failings related to its financial sanctions screening. It also said Starling repeatedly breached a requirement not to open accounts for high-risk customers.
Starling Bank
Anne Boden, the founder of Starling Bank, is to step down from her role as CEO, effective from 30 June, transitioning to a non-executive role on the board. John Mountain, the current COO, will assume interim CEO responsibilities, steering the digital bank into its forthcoming growth phase.
The Competition and Markets Authority (CMA) has released the annual surveys of the UK's banks showing how well customers are being looked after. The surveys are independently conducted by Ipsos MORI (for personal accounts) and BVA BDRC (for business accounts) using a sample of thousands of individua
UK banks have made initial claims worth £352mn from the government to cover losses on one of its flagship state-backed Covid-19 loan schemes, after recording default rates as high as 25%.
Starling Bank has reported a pre-tax profit of £32.1 million in its first full year of profitability. £32.1m pre-tax profit for the financial year ending 31 March 2022 comes after a pre-tax loss of £31.5m for the previous period to 31 March 2021. Revenue for the same period to 31 M
Scotland's most inspiring entrepreneurs have been recognised at the Great British Entrepreneur Awards 2021: The Finals. In partnership with Starling Bank, the ceremony was held at Grosvenor House and saw 159 businesspeople recognised for their achievements, including 17 from across Scotland.
Founders, innovators and entrepreneurs from across Scotland have been recognised as the best in the business as the Great British Entrepreneur Awards 2021 finalists are announced. Despite a year of disruption, 93 Scotland & Northern Ireland-based business leaders have been shortlisted out of an
Business founders across Scotland have until midnight on Friday (11 June) to put themselves forward for this year's Great British Entrepreneur Awards. The Great British Entrepreneur Awards, in partnership with Starling Bank, acknowledges and champions the hard work and inspiring stories of entrepren
Aberdeen-based accountancy firm Infinity Partnership has announced an official partnership with Starling Bank, the mobile business banking services provider. Infinity Partnership, a five-time winner at the British Accountancy Awards, will now be offering its network of clients flexible and streamlin
Challenger lender Starling Bank has provided £31 million of Coronavirus Business Interruption Loan Scheme (CBILS) funding to Scottish businesses throughout the coronavirus lockdown. A geographic breakdown of the bank's funding figures have revealed that £31.3 million of finance from
First Direct, Starling Bank and Monzo have come out on top in the latest current account satisfaction survey carried out by Which? - while Scottish lenders Clydesdale, RBS and Bank of Scotland were in the bottom five.