Tagged: mobile banking

Digital Transformation: 68% of Singapore Consumers Prefer All-Digital Channels when Engaging with their Bank during Financial Hardship

During the past year, firms have been focused on accelerating their digital transformation strategies in order to maintain operations in a post-COVID environment. Their investments in digital technology have been essential to retaining business and clients. Companies now require the tools to conduct business remotely,… Read More

Digital Banking: Switzerland’s PostFinance Partners Swissquote to Launch Virtual Bank App Yuh, Will be Available May 11

PostFinance, the financial services division of Swiss Post, has teamed up with Swissquote in order to launch a digital banking app, called Yuh. The Fintech app will be available to the public on May 11, 2021. PostFinance and Swissquote had first announced plans to work… Read More

Fintech Monese, which Offers Mobile App Alternative to Banking, Joins UK’s Late-Stage Growth Program, Future Fifty 9.0

Earlier this week, Monese revealed that they have joined Future Fifty 9.0 which is the UK’s leading late-stage growth program. The Monese team noted in a blog post: “We’re excited to announce we’ve been chosen as one of the UK’s leading late-stage tech companies and… Read More

UK based Mobile Banking Provider Atom Bank Secures £40M via Round led by BBVA, Toscafund Asset Mgmt

UK-based mobile banking platform Atom Bank has revealed that its £40 million raise is being led by Toscafund Asset Management LLP and BBVA. As the bank aims to reach profitability, the £40 million raise includes “an offer to participate for qualifying shareholders in new ‘A’… Read More

N26 Launches CASH26 App Feature in Greece

    Digital-only bank platform N26 announced on Tuesday it has launched its CASH26 app feature in Greece. According to N26, CASH26 allows users to deposit and withdraw cash from their N26 accounts at partner stores throughout Europe through their mobile devices. “The app will display… Read More

Milestone: MFS Africa Now Reaches More Than 320 Million Mobile Money Wallets; Covers 60% of Mobile Wallets in Sub-Saharan Africa

  Pan-African fintech MFS Africa announced on Monday it now reaches more than 320 million mobile money wallets and notably enables a range of banks, telcos, money transfer operators, and other financial institutions in Africa through a single integration point.  Founded in 2010, MFS Africa describes itself… Read More

UK’s Banking Challenger Monzo Explains how it’s Rolling Out its Financial Services to US Customers

Monzo, a UK based digital bank that recently raised £50 million as part of a Series G extension,  recently explained that it basically offers a mobile banking platform that “puts you in control of your money.” While clarifying whether Monzo is, by definition or legally… Read More

BBVA USA Launches BBVA Insights to Online Banking & Mobile Banking App

  BBVA USA announced it recently launched BBVA Insights in its online banking and mobile banking app. According to BBVA USA, BBVA Insights is powered by MX, a fintech innovator who helps organizations deliver data-driven money experiences, and offers the MoneyMap with Pulse feature. “By leveraging MX’s… Read More

Digital Commerce: Majority of Online Shoppers in the UK Use Smartphones to Settle Transactions, Juniper Research Reveals

The team at Juniper Research, an analyst house focused on digital technology market research and related Fintech trends, technology data, market sizing, and consulting, notes that e-commerce and financial services have become a key part of many consumers’ lives in a post-COVID world. The Juniper… Read More

XTM Announces Plans to Launch Direct Deposit For Today Cardholders

    XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday its plan to launch a direct deposit program to all of its Today cardholders. According to XTM, the Today program has been adopted and rolled out to thousands… Read More

Digital Banking Solution Provider CIMB Launches New Platform for Asian SMEs to Streamline Operations

CIMB Bank Berhad and CIMB Islamic Bank Berhad have introduced CIMB CNY Go Digital for SMEs. This new product should help Asian businesses that are still facing challenges due to the COVID-19 pandemic, including those companies that are struggling to offer certain services because of… Read More

Green Dot Unveils Mobile Banking Service to Help Americans Living Paycheck to Paycheck

Green Dot Corp. (NYSE: GDOT), a fintech and registered bank holding company, announced on Wednesday the launch of its new banking product. GO2bank. According to Green Dot, Go2Bank is designed to help the two in three Americans living paycheck to paycheck stretch their money further… Read More

Radius Bank Forms Partnership With Narmi to Launch Enhanced Online Banking & Mobile App Experience for Small Business Clients

  U.S. digital bank Radius Bank announced on Tuesday the recent launch of its enhanced online business banking platform and mobile app for small business clients. According to Radius Bank, The overhauled user experience was the result of the bank’s continued partnership with fintech startup… Read More

DoorDash Joins Forces With Payfare to Launch DasherDirect Visa Card & Mobile Banking App

DoorDash (NYSE: DASH) announced on Monday it has teamed up with global fintech Payfare to launch the DasherDirect platform. According to the duo, DasherDirect is a banking solution for DoorDash delivery drivers (aka Dashers) offering a business prepaid Visa card and mobile banking app. The platform also offers… Read More

U.S. Fintech Aeldra Launches Global Banking Mobile App

Aeldra, a U.S.-based fintech, recently announced it has launched its mobile banking app. Launched earlier this year, Aeldra is on a mission to provide access to global financial opportunities to customers all over the world. “Through a single App, customers will be able to seamlessly… Read More

XTM Announces Competition of 2.0 Fintech Platform

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it has completed its 2.0 Fintech Platform after a year of development. According to XTM,  the enhanced platform and mobile app have every feature you would expect in a neo… Read More

Galileo Joins Forces With Mobile Banking App Dave to Power Digital Accounts

  U.S. fintech Galileo announced on Thursday it has teamed up with Dave, a mobile banking app, to power digital banking accounts. According to the duo, Dave selected Galileo’s  API platform as the “technical backbone” to deliver its Dave Banking product. Dave Banking offers customers… Read More

German Digital Bank Insha Attracts €2.5 Million in Seed Funding From Payment Provider Param

  Insha, a Germany-based online banking startup, announced on Tuesday it secured €2.5 million in seed funding from payments provider, Param. Founded in 2018, Insha states it offers an innovative and fully digital account based on the principles and does not engage in interest-based transactions… Read More

Two-Thirds or 68% of Indian Consumers are Now Using Digital or Mobile Banking Platforms to Settle Transactions, Instead of Cash: Report

Over two-thirds or 68% of Indian consumers are currently using digital or mobile banking platforms to settle transactions, according to a new report. The use of online banking services and contactless payments has increased significantly due to the COVID-19 crisis – which had led to… Read More

Qatar Commercial Bank Receives “Best” Digital Banking Platform Award, Also Recognized for its Mobile App

AsiaMoney Magazine has selected Qatar’s Commercial Bank as the nation’s “Best Digital Bank” for 2020. Commercial Bank’s management noted: “Spearheading the digital innovation scene in the country, and more particularly in the financial and banking sector, Commercial Bank never ceases to launch state-of-the-art banking services… Read More

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