Tagged: digital banking

September 17, 2025 @ 1:17 am By Omar Faridi  |  

Malayan Banking Berhad (Maybank), which claims to be one of the nation’s largest banks, has made significant strides across physical expansion, financial performance, and technological partnerships. These developments underscore Maybank’s commitment to enhancing accessibility, sustaining growth, and embracing digital transformation amid evolving market demands. These… Read More

September 14, 2025 @ 5:33 pm By Omar Faridi  |  

Nubank (NYSE: NU) is reportedly millions of customers across Latin America. Recently, the company’s Chief Technology Officer, Eric Young, shared his vision for leveraging artificial intelligence to fuel Nubank’s global expansion and improve financial services. During a recent discussion, Young outlined how AI is not… Read More

September 11, 2025 @ 5:37 pm By Omar Faridi  |  

Fintech Dave Inc. (Nasdaq: DAVE), a US based neobank, continues to focus on the fintech sector with its advancements in AI-driven financial services, shareholder initiatives, and steady financial performance. As mentioned in the update from neobanking platform Dave, the company announced the full implementation of… Read More

September 11, 2025 @ 9:01 am By Omar Faridi  |  

Sygnum, a global digital asset banking group, has integrated crypto exchange Bybit into its Sygnum Protect off-exchange custody platform. This integration enables traders to leverage Bybit’s product range and liquidity while “holding their assets at Sygnum Bank off-balance sheet with institutional-grade security.” Bybit institutional customers… Read More

September 8, 2025 @ 1:22 am By Omar Faridi  |  

Digital bank Revolut has appointed Frédéric Oudéa, former CEO of Societe Generale, as chairman of its newly established Western Europe operation. This new hire underscores Fintech Revolut’s push to challenge traditional brick-and-mortar banks across the region, leveraging Oudéa’s experience in global banking to steer its… Read More

September 5, 2025 @ 9:21 am By Omar Faridi  |  

Digital bank Revolut is making moves to solidify its position as a global financial services provider while strategically delaying its transition to a publicly traded company. In a series of recent announcements, the company unveiled a share buyback program, deepened its partnership with Google Cloud,… Read More

August 20, 2025 @ 5:37 pm By Omar Faridi  |  

Nu Mexico, part of Nubank (NYSE: NU), registered an increase of over 50% in its customer base in the last 12 months, and is claiming to be the third largest financial institution in “terms of credit cards issued and the sixth largest in terms of… Read More

August 12, 2025 @ 4:12 am By Omar Faridi  |  

Sygnum, a global digital asset banking group, announces a variety of custody, trading, and lending solutions for layer-one cryptocurrency, SUI, broadening access for professional and institutional clients to the Sui ecosystem. Sygnum’s regulated product portfolio and bank-grade infrastructure provides Sui with “a gateway to tap… Read More

August 6, 2025 @ 3:46 pm By Omar Faridi  |  

In a new development for the digital banking industry, the Federal Deposit Insurance Corporation (FDIC) has issued new guidance that embraces the use of pre-filled customer data for Customer Identification Program (CIP) requirements, marking a shift in regulatory policy. This change, reportedly influenced by advocacy… Read More

August 4, 2025 @ 3:42 am By Omar Faridi  |  

CaixaBank is leveraging artificial intelligence and advanced digital solutions to foster innovation and expand its global reach. Recent initiatives—its AI-driven transformation and the launch of HolaBank Connecta—highlight the bank’s commitment to integrating technology with customer-centric services, positioning it as a key player in Spain’s economic… Read More

August 3, 2025 @ 9:53 pm By Omar Faridi  |  

Nubank (NYSE: NU) continues to enhance banking and telecommunications with innovative updates tailored to its high-income Ultravioleta customers and broader user base. In a series of announcements, Nubank has introduced enhancements to its travel eSIM benefit, relaunched its NuCoin rewards program, and expanded its NuCel… Read More

July 30, 2025 @ 3:33 am By Omar Faridi  |  

Atom Bank, an app-based bank in the UK, continues to reshape the financial sector with its customer-focused approach, new products, and ongoing commitment to sustainability. Founded in 2014 in Durham, England, Atom has made strides in reshaping banking through its digital-only model, eliminating physical branches… Read More

July 28, 2025 @ 9:08 pm By Omar Faridi  |  

Australians reportedly made $160 billion worth of payments with their mobile wallets last year, as they continue to embrace the convenience of digital banking. The Australian Banking Association’s 2025 ‘Bank on It’ report reveals digital payments continue to surge with “over four billion mobile wallet… Read More

July 22, 2025 @ 1:33 am By Omar Faridi  |  

Digital bank Revolut is making significant strides in its European growth strategy, marked by the establishment of a new Western Europe headquarters in Paris, a major recruitment drive, the appointment of an experienced CEO, and the launch of branded ATMs in Spain. These developments underscore… Read More

July 7, 2025 @ 12:37 pm By Omar Faridi  |  

UK’s Starling Bank has announced a series of updates. Starling is a licensed digital bank offering a full stack of banking services augmented by a marketplace feature. While boosting its marketing team alongside a brand relaunch, Starling has introduced an AI-powered banking tool, and robust… Read More

June 30, 2025 @ 11:37 pm By Omar Faridi  |  

Tuum, the core banking platform, has announced a strategic partnership with maib in Romania, where Moldova’s largest bank looks at establishing its digital banking presence with asset-light retail-only offering. Tuum’s SaaS core banking platform will serve “as the foundation for maib’s greenfield operations in Romania.”… Read More

June 29, 2025 @ 11:26 pm By Omar Faridi  |  

UK’s Starling Bank is reportedly exploring a bold move to expand its footprint into the United States by acquiring a US-based lender. This step marks a significant milestone in the bank’s plans to grow beyond its domestic market and establish a presence in one of… Read More

June 29, 2025 @ 7:49 pm By Omar Faridi  |  

Spendbase, a spend management platform that helps businesses save on software and cloud costs, is launching a new suite of financial tools that take spend control to the next level: Digital Banking and Virtual Cards. With this release, Spendbase moves “beyond expense optimization and into… Read More

June 28, 2025 @ 8:37 pm By Omar Faridi  |  

CaixaBank has completed its first triple-tranche debt issuance in U.S. dollars in the American market, marking the bank’s fourth visit to the U.S. capital markets. The first tranche was a 11-year senior non-preferred bond “amounting to USD 1 billion, with an early redemption option in… Read More

June 28, 2025 @ 2:44 am By Omar Faridi  |  

In Frankfurt, BBVA officially launched its new digital bank in Germany. It combines technology, through one of the most widely-used financial apps in the world, with a new value proposition: an “interest-bearing checking account paying three percent for the first 12 months, and a debit… Read More