Tagged: digital banking

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

June 23, 2025 @ 5:00 pm By Tony Zerucha  |  

A comprehensive new study by DECTA reveals that the vast majority of digital banking users are reluctantly maintaining multiple financial apps due to feature gaps in their primary platform, with 91% stating they would consolidate to a single app if it met all their needs…. Read More

June 20, 2025 @ 4:31 pm By Omar Faridi  |  

LendingClub (NYSE: LC) has announced the launch of LevelUp Checking, the latest in its growing set of digital-first financial solutions. LendingClub is a chartered digital banks that started its existence as an online lender. Credit continues to make up an important part of its operations. LevelUp… Read More

June 16, 2025 @ 2:49 pm By Omar Faridi  |  

Nubank (NYSE: NU) continues to redefine digital banking in Latin America, marking its 12th anniversary with innovations and solidifying its position as Brazil’s most favored financial institution. With over 118 million customers across Brazil, Mexico, and Colombia, Nubank’s recent updates—Automated Pix with Smart Bill Search,… Read More

June 10, 2025 @ 9:46 pm By Omar Faridi  |  

Backbase, the global enabler of AI-powered banking technology, announces that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia’s first Islamic digital-only bank centered on faith and lifestyle alignment. This milestone represents a transformative “leap in Bank Muamalat’s journey to redefine Islamic banking,… Read More

June 10, 2025 @ 7:35 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded finance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities. The capability will streamline “inbound money movement and enhance funding agility across the Real-Time… Read More

June 8, 2025 @ 10:47 pm By Omar Faridi  |  

UK’s digital bank Monzo, known for its vibrant coral cards and user-friendly app, has cemented its position as a major fintech with a solid financial performance for the fiscal year ending March 31, 2025. The bank reported a 48% revenue increase, reaching £1.2 billion ($1.35… Read More

June 8, 2025 @ 10:12 pm By Omar Faridi  |  

UK’s Starling Bank has reported steady financial performance, strategic leadership enhancements, and plans for international expansion, while continuing to support female entrepreneurship and urging customers to optimize their savings. These developments underscore Starling’s commitment to innovation, diversity, and customer-centric growth. In its latest financial update,… Read More

June 3, 2025 @ 8:23 am By Omar Faridi  |  

Bluevine, which claims to be one of the largest digital banking platforms for small businesses in the U.S., announced the launch of Invoicing and Payment Links. These features allow Bluevine customers “to create and share professional invoices and payment links within minutes.” Small businesses can… Read More

June 2, 2025 @ 3:39 am By Omar Faridi  |  

CaixaBank research highlights that the growth of services sustains the dynamism of the economy in 2025. CaixaBank’s research service indicates that the “number of sectors in the expansion phase is increasing in the first months of the year, supported by the moderation of inflation, the… Read More

June 2, 2025 @ 2:35 am By Omar Faridi  |  

New research from digital-bank, Ubank, has revealed that rising rents have reshaped the housing landscape, narrowing the gap between renting and owning to create “a window of opportunity for young Australians to step onto the property ladder in 2025.” The research conducted by Cotality found… Read More

May 26, 2025 @ 10:44 am By Omar Faridi  |  

Digital bank Nubank (NYSE: NU) has recently undergone significant changes in its executive leadership team while reporting mixed financial results for the first quarter of 2025. The Sao Paulo-based fintech firm, known for revolutionizing banking in Brazil and expanding into Mexico and Colombia, announced the… Read More