Tagged: digital platforms

Stuart Sopp, CEO at Digital Bank Current, Explains Why It’s Critical to Assist Low Wage Earners, Especially During COVID-19

Stuart Sopp, founder and CEO at digital bank Current, has previously noted that the COVID-19 outbreak has shown how his company serves employees whose roles are considered essential during the global pandemic. In June 2020, Sopp had confirmed that Current would remain focused on spending,… Read More

Indonesian Fintech Investor, BRI Ventures’ CEO Says Digital Tech Investments Now Focused on Sustainable Growth Initiatives

Digital technology startups need venture capital or some other type of reliable funding to grow and expand their operations. Several foreign investors have been supporting Indonesian startups which are a critical part of the trillion-dollar economy. Investors have been investing in selected qualified Indonesian start-ups,… Read More

Welcome Technologies to Use Green Dot’s Banking as a Service (BaaS) Platform to offer New Digital Bank Accounts to Hispanic Immigrants

Welcome Technologies has launched a new bank account through a partnership with Green Dot [NYSE: GDOT]. The new bank accounts and Visa card, PODERcard, are mainly for the unbanked immigrant US Hispanic population. Welcome Technologies is using Green Dot’s Banking as a Service (BaaS) platform… Read More

Fintech Adoption in Latin and South America Is on the Rise, with Mexico and Brazil Leading the Charge

Although Latin America (LatAm) may have introduced Fintech services after they had been established in more advanced economies like the US and in Europe, the region is growing fast because of the launch of several financial technology initiatives. While it may be difficult to accurately… Read More

The French Competition Authority has Released a Consultation Paper, Seeking Feedback on Fintech, Blockchain, and Digital Asset Regulations

The French competition authority (ADC) has launched a public consultation on the Fintech industry in the country. The ADC is looking for feedback on the potential role of large digital platforms in the payments sector. It’s also seeking input regarding  new payment service providers and… Read More

UK’s ITI Capital Launches Digital Wealth Management Solution to Help Investors Better Manage Finances Following COVID-19 Outbreak

UK-based financial services firm, ITI Capital, has introduced a digital wealth management solution for investors, which should help them better manage their finances, following the COVID-19 outbreak. ITI Capital said that its wealth management platform will provide detailed insights to users about their finances and… Read More

Digital Banking: OCBC in Singapore Prepares for Increased Demand for Virtual Payment Services and Online Portals

The Oversea-Chinese Banking Corporation, Limited (OCBC) Bank (SGX: O39), a multinational banking and financial services corporation, has revealed that it’s planning to change its branch network strategy, following the COVID-19 outbreak. OCBC, which is notably Singapore’s second-largest bank, claimed during its virtual annual general meeting… Read More

Australian Digital Bank UBank Updates its Product Offering, Based on Customer Feedback

Australian digital bank UBank has made significant changes to its bank account products. UBank, which is owned by the National Australia Bank (one of the four largest financial institutions in Australia), confirmed on May 11, 2020 that it will be simplifying its digital product offerings,… Read More

Japan to Ease Investment Rules to Make it Easier for Banks to Invest in Fintech Firms

Japan is reportedly planning to ease its investment rules and requirements, in order to make it more convenient for banks to invest in Fintech companies. The country is hoping that more relaxed investment guidelines will promote the local lending industry. The lenient policies should help… Read More

Digital Banking: Senior Citizens in Singapore are Increasingly Using Online-only Banks Due to COVID-19 Outbreak

An increasing number of consumers are now staying indoors and working from their homes, due to the deadly and highly contagious Coronavirus (COVID-19) outbreak. There’s reportedly been a steady growth in digital wealth and online banking solutions and services are increasingly being used, even by… Read More

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