Tagged: digital accounts

June 11, 2023 @ 6:17 pm By Omar Faridi  |  

Just one month after its public launch in Mexico on May 4th, one million people already have Cuenta Nu – which is the local digital account and second financial product of Nu Mexico, Nubank’s (NYSE: NU) subsidiary in the country. The rapid growth of the… Read More

November 16, 2022 @ 11:05 am By Omar Faridi  |  

IDScan.net announced a collaboration with Jack Henry (Nasdaq: JKHY), a financial technology provider, to provide identity validation for digital account creation “via the Jack Henry OpenAnywhereTM platform.” Through its collaboration with IDScan.net, Jack Henry says that it “offers the frictionless, mobile onboarding experience overwhelmingly preferred… Read More

November 15, 2022 @ 3:49 pm By Omar Faridi  |  

The Association of Military Banks of America (AMBA), the nation’s “only” military bank trade association, in partnership with MOCA Financial, a key player in advanced digital accounts and payment processing, launched The Patriot Card, a debit card designed to provide our Veterans “a safe, flexible,… Read More

October 20, 2022 @ 6:07 pm By Omar Faridi  |  

ZSuite Tech, a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts for commercial clients, announced Manasquan Bank successfully deployed ZEscrow, the industry’s “first” completely digital commercial escrow solution, and ZRent, an automated rent and… Read More

April 20, 2021 @ 3:20 pm By Samantha Hurst  |  

  MANTL, a U.S.-based digital account opening solution for banks and credit unions, announced on Tuesday it raised $40 million through its Series B funding round, which was led by Alphabet’s independent growth fund, CapitalG, with participation from D1 Capital Partners, BoxGroup and existing investors Point72… Read More

March 27, 2021 @ 3:34 pm By Omar Faridi  |  

Tax preparation service provider H&R Block had been working with external banking platforms, however, the company is now planning to offer digital financial services to middle-income US households. The Kansas City headquartered company has been focused on supporting its clients by helping them deposit their… Read More

November 12, 2020 @ 10:41 am By Samantha Hurst  |  

  U.S. fintech Galileo announced on Thursday it has teamed up with Dave, a mobile banking app, to power digital banking accounts. According to the duo, Dave selected Galileo’s  API platform as the “technical backbone” to deliver its Dave Banking product. Dave Banking offers customers… Read More

August 21, 2020 @ 4:54 pm By Omar Faridi  |  

Salman Ali, the chief operating officer at Virtual Remittance Gateway, notes that Pakistan has a population of more than 218 million (one of the highest in the world). He points out that 60% of the nation’s population are adults, however, only 23% of residents have… Read More