EU banking watchdog warns about white-labelling risks

The European Banking Authority (EBA) is warning about fraud risks from the growing practice of 'white labelling', where a financial institution provides services, such as payment cards or loans, under a partner's brand.

By Sara Lewis, in Brussels

The European Banking Authority (EBA) is warning about fraud risks from the growing practice of 'white labelling', where a financial institution provides services, such as payment cards or loans, under a partner's brand.