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Banks dump small businesses, charities and fintech firms to save on red tape costs

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British banks are increasingly willing to scrap the accounts of charities, small businesses and fintech firms in a bid to cut the cost of regulatory compliance and anti-money laundering controls, according to a report commissioned by the Financial Conduct Authority.

From Banks dump small businesses, charities and fintech firms to save on red tape costs

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Euro area card payments double in a decade

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