Tagged: digital banking

November 4, 2019 @ 7:32 am By Omar Faridi  |  

Subaio has launched its subscription management service at several Nordic banks, including Bulder Bank, a new challenger bank. The Subaio product provides users an overview of their subscriptions and the recurring payment schedules. The solution allows users to make changes to their subscriptions or cancel… Read More

November 4, 2019 @ 7:30 am By Omar Faridi  |  

Sydney-based Westpac, one of Australia’s first banks and first companies, is reportedly planning to introduce a new digital banking platform in order to attract younger clients that may otherwise prefer opening accounts at neo banks. Westpac’s decision to launch a new digital brand was announced… Read More

October 22, 2019 @ 11:48 am By Omar Faridi  |  

Over 650,000 companies can register to become BBVA Spain customers, via an online process that reportedly takes a few minutes to complete.  BBVA has been offering various online enrollment options for private clients. The institution is the first bank in Spain to launch an online… Read More

October 20, 2019 @ 9:18 pm By Samantha Hurst  |  

Anna Money, a UK-based fintech that specializes in SME business banking, has successfully secured £3.5 million in funding through its equity crowdfunding campaign on Seedrs. The funding round was launched last month and quickly surpasses its initial £3 million funding target. Anna stands for Absolutely… Read More

October 17, 2019 @ 10:27 pm By Samantha Hurst  |  

U.S. digital bank Radius Bank announced on Thursday it has teamed up with Credible to expand its digital marketplace. Radius Bank reported that through the partnership, consumers can source competitive rates for student loans, student loan refinancing and personal loans through the Radius platform. The… Read More

October 15, 2019 @ 3:25 pm By Samantha Hurst  |  

Digital banking platform 2gether announced on Tuesday its support for Brave and the addition of Basic Attention Token (BAT) to its list of existing tokens. 2gether reported that BAT is a utility token based on the Ethereum blockchain and acts as a medium of exchange… Read More

October 11, 2019 @ 8:56 pm By Samantha Hurst  |  

Digital-only bank platform N26 announced this week it now has more than one million customers in France. The banking group reported it launched its services in the country less than three years ago with a goal to become the first bank that the French “like… Read More

October 10, 2019 @ 7:46 am By Omar Faridi  |  

Approximately half, or 50%, of young consumers in the UK would consider opening an account with a different bank to receive a better online banking experience, according to a report by software firm Mulesoft. The tech company investigated bank account holders’ attitudes and preferences related… Read More

October 8, 2019 @ 3:04 pm By Samantha Hurst  |  

Anna Money, a UK-based fintech that specializes in SME business banking, has successfully secured its initial £3 equity crowdfunding campaign target on Seedrs. As previously reported, Anna stands for Absolutely No-Nonsense Admin. The company describes itself as a business current account for startups and small… Read More

October 3, 2019 @ 10:56 am By Omar Faridi  |  

The global digital banking market is expected to grow by $2 billion, with a compounded growth rate of 4%. The retail banking sector is projected to expand by more than 4.1%, according to a recent study. As noted in a release, the retail banking industry… Read More

September 30, 2019 @ 4:10 pm By Omar Faridi  |  

Revolut, a UK-based digital bank and Fintech unicorn, will be hiring around 3500 new staff members, as the company expands its operations into 24 new markets.  Revolut’s expansion plans involve a new global partnership with payments giant Visa Inc, the two companies revealed on September… Read More

September 30, 2019 @ 10:00 am By Samantha Hurst  |  

Anna Money, a UK-based fintech that specializes in SME business banking, is now seeking £3 million through its newly launched equity crowdfunding campaign on Seedrs. The funding round was launched just a little over six months after Anna Money received an £8.5 investment from tech investment firm,… Read More

September 23, 2019 @ 3:57 pm By Samantha Hurst  |  

Radius Bank, a U.S.-based digital bank, announced on Monday it has formed a partnership with Wallit, a rewards-based savings app for families, to teach teenagers smart money habits. Radius reported it will serve Wallit as a banking partner providing FDIC insurance. Radius Bank reported that… Read More

September 9, 2019 @ 2:33 pm By Samantha Hurst  |  

Xinja Bank, an Australia-based neobank, announced on Monday it has received its full banking license from the Australian Prudential Regulation Authority (APRA) and has launched its bank accounts.  Founded in 2017, Xinja Bank describes itself as an independent 100% digital neobank for Australians that is… Read More

August 28, 2019 @ 2:50 pm By Samantha Hurst  |  

Radius Bank, a virtual bank focused on providing clients with banking solutions to better financial health, announced on Wednesday it has formed a new partnership with NorthOne, a mobile-first, API-enabled banking platform to create small business checking accounts. Radius Bank reported the partnership is the… Read More

August 27, 2019 @ 8:26 am By Samantha Hurst  |  

Digital-only challenger bank Varo Money announced on Tuesday it is now offering No Fee Overdraft. According to Varo, the No Fee Overdraft feature allows customers to overdraft their bank account balance up to $50 with no fee and no interest when they meet certain eligibility requirements…. Read More

August 20, 2019 @ 8:59 am By Samantha Hurst  |  

BBVA announced on Tuesday it is set to offer digital customer onboarding everywhere it operates by the end of this year. According to the banking group, this digital onboarding process is based on biometric identification technologies, which is already available in Spain, will now reach other… Read More

August 15, 2019 @ 8:21 am By Samantha Hurst  |  

UK challenger bank Monzo announced on Thursday the launch of its flexible loans. The startup reported that over the past nine months it has gradually been offering loans to more and more of its customers to make sure its system was to “get it right.”… Read More

August 9, 2019 @ 9:54 pm By Samantha Hurst  |  

UK challenger bank Monzo announced on Friday it has added new interest rates for its Savings Pots. Monzo reported that it is now 1.81% (AER/Gross) on fixed Savings Pots and 1.15% (AER/Gross Variable) on Easy Access Savings Pots. “We’re making opening and managing a savings… Read More

August 6, 2019 @ 8:28 am By Samantha Hurst  |  

Digital bank Penta announced on Monday it secured €8 million through its latest investment round, which was led by HV Holtzbrinck Ventures. Founded in 2017, Penta describes itself as a digital platform for business banking that is aimed towards SMEs and startups. Its key mission… Read More