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VTB applies for UK banking licence, selects core banking system

VTB Tower, Moscow

EXCLUSIVE: Russia’s second largest banking group, VTB, is looking to launch a retail banking business in the UK, Banking Technology understands. The bank has applied for a UK banking licence, to enable it to take retail deposits.

New challenger bank, The Services Family, readies for launch in the UK

UK flag

The Services Family bank will cater for the UK military personnel, veterans and their families. Sopra Steria’s technology will underpin its operations. The digital bank is being created by The Services Family Ltd (TSFL), a financial services firm set up two years ago by two military veterans. It is going through a process of obtaining […]

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