Tagged: digital banking

January 13, 2026 @ 8:04 am By Omar Faridi  |  

In a move set to further bolster growth in the United Kingdom’s financial advisory landscape, digital bank OakNorth has recently extended a £4 million revolving credit facility (RCF) to Verso Wealth Management. This funding aims to fuel Verso’s ambitious strategy of acquiring independent financial adviser… Read More

January 13, 2026 @ 3:40 am By Omar Faridi  |  

Banco Santander (NYSE: SAN) has finalized the sale of a 49% stake in its Polish subsidiary, Santander Bank Polska S.A., to Austria’s Erste Group Bank AG. The transaction, announced last year and completed on January 9, 2026, also includes a 50% stake in Santander Towarzystwo… Read More

January 12, 2026 @ 10:37 am By Omar Faridi  |  

Digital banking provider Chime (NASDAQ: CHYM) has unveiled significant updates that underscore its commitment to leveraging technology and talent for better financial services. Chime has reportedly been focused on the integration of artificial intelligence in order to transform member experiences. And, last month, it announced… Read More

January 8, 2026 @ 12:27 am By Omar Faridi  |  

Digital bank Revolut is reportedly engaged in discussions to purchase FUPS, a local digital banking platform in Turkey, as a strategic move to introduce its financial services to the Turkish market. Sources close to the matter (cited by Bloomberg) indicate that the potential deal would… Read More

January 2, 2026 @ 12:21 am By Omar Faridi  |  

In an era where financial tools are becoming increasingly integral to daily life, industry professionals are urging the banking sector to reassess its digital infrastructure to curb economic abuse. A recent study from Northumbria University emphasizes how outdated or poorly designed banking systems can inadvertently… Read More

December 30, 2025 @ 5:26 pm By Omar Faridi  |  

Hong Kong’s digital banking service provider, Mox Bank, has solidified its position as a fintech powerhouse in 2025, now serving 750,000 customers—representing an impressive 12% of the city’s bankable population. As shared by CEO Barbaros Uygun, the year has been defined by robust expansion across… Read More

December 30, 2025 @ 5:15 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has entered into an agreement with the Fibonacci Group to acquire Cabel Industry, an Italian tech company that provides specialized core banking and IT managed services to mid-size financial institutions. The acquisition will enhance the managed services portfolio of Accenture Financial Advanced… Read More

December 21, 2025 @ 3:45 pm By Omar Faridi  |  

Digital bank Revolut was involved in a number of key activities this week, spanning partnerships, internal disputes, and strategic expansions in financial services. The Fintech company had reportedly engaged in recent preliminary discussions with Blackstone, the global asset manager, about a potential collaboration in wealth… Read More

December 17, 2025 @ 5:26 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, has provided a $60.7m note-on-note facility to returning customer and New York-based lending platform, S3 Capital. Established back in 2013 by Joshua Crane and Robert Schwartz after they claimed to have recognized a significant lack of institutional quality, middle… Read More

December 16, 2025 @ 8:23 am By Omar Faridi  |  

Sygnum, a global digital asset banking group, announces it has launched its collaboration with BNY (NYSE: BK), a global financial services company, as one of its USD settlement providers. The collab, which is reportedly one the first with a European digital asset bank in this… Read More

December 15, 2025 @ 7:50 am By Omar Faridi  |  

Bank of Ireland reportedly invested more than €370m in its Retail Ireland division over its current 3 year strategic cycle (2023 – 2025). The investment spans the following key areas : fraud protection, technology and telephony, mortgage services, App investment, payments and CRM. Bank of… Read More

December 12, 2025 @ 5:11 pm By Omar Faridi  |  

Nubank (NYSE: NU) is marking an important milestone in Colombia: it now claims to serve around 4 million customers, which is roughly said to be the equivalent of 1 in every 1o adults in the South American nation. The overall result now reinforces the role… Read More

December 11, 2025 @ 9:26 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, has recently announced the launch of its Subscription Manager tool, centralizing all of Nubank clients’ recurring charges in a single place. Internal Nubank data collected from Oct 2024 to Oct… Read More

December 5, 2025 @ 3:07 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, announces its intention to obtain a banking license in Brazil. The inclusion of a banking institution within the conglomerate complies with the provisions of Joint Resolution No. 17, which has… Read More

December 1, 2025 @ 2:34 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the largest digital financial services platforms in the world, announced the hiring of the Dex Labs team. dex Labs is known for developing an AI-enabled data engineering and cloud infrastructure platform that brings together data collection, transformation,… Read More

November 28, 2025 @ 3:14 pm By Omar Faridi  |  

Backbase, the enabler of AI-powered banking, announces a strategic partnership with Unblu, a key player in conversational engagement for financial institutions. Together, they’re solving a pressing challenge: transforming digital banking from a self-service utility into a more “human-connected” user experience. The partnership addresses a fundamental… Read More

November 26, 2025 @ 4:57 pm By Omar Faridi  |  

iFood and Nubank (NYSE: NU) are announcing a partnership in order to offer certain benefits to customers who pay with the Nubank credit card or via NuPay on the iFood app. Beginning on Nov 18, users will be able to take advantage of the offer… Read More

November 23, 2025 @ 4:45 pm By Omar Faridi  |  

CaixaBank Wealth Management has reached the milestone of 10,000 clients in its Advisory Desk (10,856 as of the end of August 2025), its specialized service that offers tailored solutions for direct investments in stocks, bonds, and ETFs. The figure increased by 25% during the past… Read More

November 21, 2025 @ 6:22 am By Omar Faridi  |  

UK’s digital bank OakNorth announced recently that it has now provided a $30m note-on-note revolving credit facility to Module Five Capital, the New York-based real estate lending platform. Established back in 2020 by Max Gejerman, Yehuda Krauss, and Nisson Hyman, Module Five Capital is a… Read More

November 15, 2025 @ 11:45 am By Tony Zerucha  |  

Extend, an artificial intelligence-powered spend and expense management platform, and PNC Bank have announced new modern payment capabilities for PNC’s commercial clients. By enrolling their existing PNC Bank commercial cards, businesses can access Extend’s mobile and web platform—unlocking a full suite of digital tools to control,… Read More