Tagged: banking challenger

UK-based Digital Bank Revolut Introduces Open Banking Feature to Allow Users to View Bank Accounts from External Providers from Company’s App

Leading UK-based digital bank Revolut has introduced a new Open Banking feature, which will allow users to view their bank accounts from other financial service providers from within the banking challenger’s app. Revolut partnered with financial API developer TrueLayer to allow all of its retail… Read More

Austrlia’s Digital Banks Xinja, Judo Bank, 86 400 Attracting Millions in Savings After Launching High Interest Rate Accounts

Australia-based digital banks Xinja, Judo Bank and 86 400 have been attracting millions of dollars worth of savings from the nation’s banking clients after the introduction of their high interest rate accounts. Traditional industry players like ANZ, Westpac, NAB and Commonwealth Bank have reportedly lost… Read More

Banking Challenger App Niyah Launches Services in the UK for Nation’s Islamic Community

Niyah, a banking challenger app, has officially launched its services in the United Kingdom for the country’s Islamic community. The company claims it’s “the first Fintech Islamic banking app and ethical financial marketplace platform” to offer services in the UK. The Niyah app is Shariah-compliant,… Read More

UK-based Digital Bank Vive Acquires Banking License from Bank of England

Vive, a newly established UK-based digital bank, has reportedly acquired a banking license with certain restrictions from the Bank of England (BoE). The new digital bank aims to provide personal loans and a fixed-rate savings account. It will be launching with an Open Banking-based funds… Read More

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