Tagged: digital banking

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

May 24, 2025 @ 1:46 pm By Omar Faridi  |  

areeba, a global enabler of payment infrastructure, has partnered with Foo, a provider of digital banking and fintech solutions, to introduce a fully integrated – program for digital services. This bundled offering enables banks and fintechs to “build their own secure and scalable card programs… Read More

May 9, 2025 @ 1:09 pm By Omar Faridi  |  

Nubank (NYSE: NU) announces the launch of tap-to-pay Pix, a new feature that integrates NFC technology into the app to simplify in-person payments. The solution reportedly offers customers an “agile way to use Pix, eliminating the need to scan QR codes.” To use it, clients… Read More

May 8, 2025 @ 7:28 am By Omar Faridi  |  

N26 announced its entry into the European telecommunications market with the launch of N26 SIM. The launch is the latest move by the digital banking provider as it continues to reimagine traditional business models “through digital innovation.” N26 SIM was specifically designed for customers “who… Read More

May 8, 2025 @ 7:06 am By Omar Faridi  |  

Digital bank Revolut has recently announced key partnerships that underscore its commitment to enhancing user experience, security, and innovation in the financial services sector. By teaming up with Fourthline for identity verification and Lightspark for Bitcoin transactions, Revolut is positioning itself as a Fintech focused… Read More

May 7, 2025 @ 11:19 pm By Omar Faridi  |  

Galileo Financial Technologies, SoFi Technologies, Inc.’s Technology Platform (NASDAQ: SOFI), announced a partnership with Mercantil Banco, S.A. to enable a new phase of digital banking. By leveraging Galileo’s Cyberbank Digital platform, Mercantil Banco will accelerate “product innovation, elevate customer experiences, and introduce a suite of… Read More

April 27, 2025 @ 5:40 pm By Michael Wong  |  

Ant Bank (Hong Kong), the digital banking arm of Ant International, has received a $100 million capital infusion from its parent company as it seeks to scale up its services and broaden its role in Hong Kong’s digital financial ecosystem. The funding, according to an… Read More

April 27, 2025 @ 5:35 pm By Omar Faridi  |  

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for financial institutions in the U.S., announced that Illinois-based NuMark Credit Union has chosen Alkami’s Digital Banking Platform to enhance its online and mobile banking experience for retail and business members. This partnership underscores… Read More

April 27, 2025 @ 7:27 am By Omar Faridi  |  

Apiture, a provider of digital banking solutions, today announced that Ouray, Colo.-based Citizens State Bank (CSB), a locally owned community bank, has selected the Apiture Digital Banking Platform “to power digital banking for its consumer and business customers.” Founded in 1913, CSB remains dedicated to… Read More

April 22, 2025 @ 1:45 pm By Omar Faridi  |  

motusbank, the digital-only bank launched by Meridian Credit Union in Q2 2019, will shut down by early 2026. Meridian, which is reportedly Ontario’s largest credit union, and Coast Capital Savings jointly announced that they will absorb motusbank’s accounts and assets, pending regulatory approval. This closure… Read More

April 19, 2025 @ 5:11 pm By Omar Faridi  |  

Allica Bank, the UK banking institution built for established SME businesses, recently shared its 2024 Annual Report, revealing a near doubling in profits of £29.9 million in 2024 (FY23 £16.1m). The growth has been attributed primarily to significant investment in its digital infrastructure, leading to… Read More

April 18, 2025 @ 8:09 am By Omar Faridi  |  

Engine by Starling, the Software-as-a-Service (SaaS) business born from UK’s Starling Bank, has established its overseas subsidiary in the United States as a platform from which it will strategiclaly expand operations in the North American market. Engine by Starling Services US LLC, reportedly registered in… Read More

April 18, 2025 @ 12:22 am By Omar Faridi  |  

Plumery, a digital banking experience platform for customer-centric banking, today announces a strategic partnership with Darien Technology, a consulting and technology firm specializing in financial services across South America and Spain. The partnership is focused on empowering banks and other financial institutions to “modernize their… Read More

April 15, 2025 @ 11:40 am By Omar Faridi  |  

Brazil’s digital bank Nubank (NYSE: NU), continues to redefine banking with a series of  initiatives unveiled this month. From debt renegotiation campaigns to marketing and new financial products in Brazil and Mexico, Nubank is doubling down on its mission to simplify finance, promote inclusion, and… Read More

April 11, 2025 @ 7:40 am By Omar Faridi  |  

CaixaBank’s Corporate & Investment Banking (CIB) division has reportedly formalized over 2,000 transactions in 2024 through its three business areas: Corporate Banking, International Banking and Institutional Banking. In total, it channeled more than “39.5 billion euros of investment, a 20% increase on the previous year.”… Read More

April 7, 2025 @ 11:00 pm By Omar Faridi  |  

Digital bank Revolut has reportedly achieved significant milestones that underscore its steady growth and strategic vision. Revolut has surpassed one million retail customers in Switzerland, cementing its position as a digital banking solution in the European country. Revolut is also setting its sights on a… Read More

April 7, 2025 @ 10:03 pm By Omar Faridi  |  

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for financial institutions in the U.S., unveiled key updates focused on enhancing its digital sales and services platform. The Alkami Digital Sales & Service Platform will allow financial institutions to onboard, engage, and “grow… Read More

April 1, 2025 @ 11:15 am By Omar Faridi  |  

Braazil’s digital bank Nubank (NYSE: NU) continues to streamline financial services in Latin America with a series of impactful updates. From various investment options to enhanced user features and strategic leadership appointments, Nubank is focused on solidifying its position as an innvoative fintech across Brazil,… Read More

March 28, 2025 @ 12:58 pm By Omar Faridi  |  

In an uncertain economic environment in which overall consumer financial health,1 total deposits, annual household income and total investments are declining, retail bank customer satisfaction is on the rise. This, according to an update from JDPower. According to the J.D. Power 2025 U.S. Retail Banking… Read More

March 20, 2025 @ 8:07 am By Omar Faridi  |  

In a restructuring move, Santander UK, the United Kingdom based division of the Spain’s Banco Santander (NYSE: SAN), announced that it will close 95 of its 444 U.K. branches, representing roughly one-fifth of its physical network. The bank has posted a list of the impacted branches… Read More