Tag: Financial House

Cyber Intimidation: FinTelegram Receives Threat Message Demanding Removal Of The Kingdom Bank Coverage

DDOS and Online Attacks tamir -
Editorial note: Following publication, a representative of The Kingdom Bank contacted FinTelegram and denied that The Kingdom Bank, its...

Rail Atlas Case: The Kingdom Bank – Offshore Banking, EU Payment Rails, KYC Outsourcing and the iGaming Risk Profile

Compliance Reg Techer -
FinTelegram’s Rail Atlas reviews The Kingdom Bank’s offshore banking and payment infrastructure. Our operational review found EU-facing onboarding from Austria and Italy, KYC via Plato/GoodFintech, instant-transfer routing via Banky, and ordinary bank-transfer instructions through Speedy AG in Poland with The Kingdom Bank Corporation as account owner. The wider Zubari-linked network, including Financial House under FCA restrictions, raises significant compliance questions.

PXP Financial and MoneyNetInt cooperate for cross-border payments

EMI Ben -
Regulated by the FCA with reference No 504318, PXP Financial Limited as an Authorized Payment Institution was originally founded as Kalixa Accept Limited by Austria's Bwin. Following the acquisition of Bwin by public-listed GVC Holdings PLC, Kalixa was sold to Senjo Group for €29 million in late 2019 and renamed PXP Financial. The company recently announced its cooperation with FCA-regulated MoneyNetInt Group. Senjo Group was one of the largest - and, according to the Financial Times (FT), most opaque - partners of the collapsed Wirecard.