FCA outlines new measures for banks to tackle money laundering via the Post Office
The NECC estimates “hundreds of millions” of pounds are laundered annually using cash deposits at the Post Office.
The NECC estimates “hundreds of millions” of pounds are laundered annually using cash deposits at the Post Office.
The Post Office calls it the largest investment in ATMs in ten years.
The pilot scheme starts with the Scottish town of Durness.
Western Union’s business platform is part of the deal.
A mobile bank with branch services.
The UK’s Post Office has entered the banking market as a new industry-wide agreement with the nation’s banks comes into effect. From today (24 January), 99% of UK personal bank customers and over 75% of business customers can do their day-to-day banking at the Post Office – described as the “biggest expansion in face-to-face banking […]
India’s state-run post office the Department of Posts is planning to launch core banking services in the Indian capital city Delhi, as part of a major drive to become a banking services provider in the country.