Tagged: 11:fs

Digital Banking: US based Current Says it Helped Consumers Save Over $100 Million in Overdraft Fees

Current, one of the leading digital banks in the US, has noted that 2020 was “certainly not the year anyone was expecting,” however, for all the tribulations (not to mention “being in the epicenter of a pandemic” – above all), the company is quite proud… Read More

63% of European Consumers Abandoned their Financial Applications due to Difficult Onboarding Process: Survey

Signicat, the trusted digital identity firm, has shared new research which reveals that 63% of European consumers have abandoned financial applications during the past year. Signicat’s survey was carried out in May and June 2020 which was during the Europe-wide COVID-19 lockdowns or restrictions. The… Read More

VC Funding for Fintechs Is Down, but Large Banks are “Quietly” Investing in Financial Tech Startups: Report

Venture capital funding for Fintech firms is down, however, large banks are “quietly” investing in startups, according to a report published by S&P Global Market Intelligence. VC funding available for Fintech companies may have declined due to the COVID-19 pandemic, however, established European banks are… Read More

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