Tagged: mobile banking

May 23, 2020 @ 1:39 pm By Omar Faridi  |  

Via Varejo, the largest retail company in Brazil, has confirmed that it will be acquiring AirFox, a US-based Fintech firm. The amount involved in the transaction has not been disclosed. AirFox will maintain its Boston head offices and will also operate as a Fintech “innovation… Read More

May 15, 2020 @ 9:24 am By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Friday it has joined forces with Nordic banking group Nordea to enable multiple banking for mobile app customers According to Tink, the integration will deliver a personalized financial overview for the… Read More

May 7, 2020 @ 9:56 am By Omar Faridi  |  

German Fintech Finleap‘s proprietary platform, Finleap Connect, has introduced a white-label mobile banking app that businesses can quickly launch with their own company name and  branding. Finleap’s virtual banking app allows users to maintain an all-digital account, which may be used to conduct e-commerce transactions… Read More

May 4, 2020 @ 7:30 pm By Omar Faridi  |  

  Governments throughout the world have been asking people to stay at home, as the world struggles to cope with the highly contagious Coronavirus. Countries across the globe have enforced nationwide lockdowns in order to prevent the further spread of COVID-19. Many people are now… Read More

April 6, 2020 @ 8:15 am By Samantha Hurst  |  

UK-based digital banking group Starling Bank announced on Monday the launch of its mobile cheque deposit services. Starling Bank reported that customers may now “capture” an image of the cheque and its mobile app will “read the details” to place the funds into the account…. Read More

March 27, 2020 @ 6:06 pm By Omar Faridi  |  

National Bank of Oman (NBO), one of the largest financial institutions in the country and its first local bank, aims to raise awareness regarding the importance of practicing safe banking during the coronavirus (COVID-19) outbreak. The NBO has taken several measures to ensure its clients… Read More

March 6, 2020 @ 3:19 pm By Omar Faridi  |  

Digital banks are establishing new financial industry standards when it comes to better usability, and are introducing handy features such as card management and personal money management. For digital bank users, this will come as no surprise. A recent study published by the consulting company… Read More

March 6, 2020 @ 8:19 am By Samantha Hurst  |  

Empower, a U.S.-based mobile banking app, announced on Thursday it secured $20 million through its Series A funding round. Participants of the round included new investors Icon Ventures, Defy Ventures, and David Velez, Founder and CEO of Nubank, one of the most valuable financial technology startups… Read More

March 5, 2020 @ 8:58 am By Samantha Hurst  |  

Xinja Bank, an Australia-based neobank, announced on Thursday it is hitting the “pause” button of opening new Stash Savings Accounts in order to maintain current rates for existing customers. Xinja reported that Stash is a savings account linked to your Bank Account (transaction account) designed… Read More

February 12, 2020 @ 11:49 pm By Omar Faridi  |  

Norway-based DNB, the European nation’s largest bank, is reportedly expanding its account aggregation tool. The bank will be adding the option of making account-to-account payments from any bank supported by its mobile banking app. DNB first launched its account aggregation tool in October 2019 using… Read More

February 3, 2020 @ 11:30 am By Samantha Hurst  |  

Remitly, a U.S.-based online money transfer service, announced on Monday it has launched a new mobile banking service called Passbook by Remitly specifically for the immigrant community. According to Remitly, the service offers an app-based account that charges no monthly fees, ATM fees, overdraft charges or… Read More

January 26, 2020 @ 11:08 pm By Samantha Hurst  |  

Baanx, a mobile digital banking app, payments engine, and cryptocurrency platform, is set to close its equity crowdfunding campaign on Seedrs with nearly £650,000 secured. The campaign, which has attracted more than 500 Seedrs investors, launched last month with a mission to raise £600,000. As… Read More

January 22, 2020 @ 9:54 am By Samantha Hurst  |  

Digital banking group Monese announced on Wednesday two million customers have officially signed up for its services. Monese reported that in 2019, customer growth tripled with more than 9,000 users now joining its platform every day. At this current growth rate, Monese is on track… Read More

January 21, 2020 @ 7:35 am By Samantha Hurst  |  

India-based banking group Icici Bank announced on the launch of its Cardless Cash Withdrawal feature from ATMs. The bank reported this service enables customers to withdraw cash from more than 15,000 ATMs of the bank by simply raising a request on iMobile, Icici Bank’s mobile… Read More

January 13, 2020 @ 2:26 pm By Samantha Hurst  |  

Goldman Sachs (NYSE: GS) has launched a mobile app for its digital banking service, Marcus.  The fact that such a prominent entrant into the digital bank sector has existed minus an App has long been a shortcoming of the Fintech. Goldman Sachs spokeswoman, Kristen Greco,… Read More

January 7, 2020 @ 3:56 pm By Samantha Hurst  |  

BankMobile, a no-fee, mobile, online and tablet bank, announced on Tuesday it is launching more enhancements to its digital banking platform. BankMobile reported that it will offer a two-day paycheck advance, savings account with a rate that is equal or higher than that is offered… Read More

January 6, 2020 @ 9:31 am By Samantha Hurst  |  

Baanx, a mobile digital banking app, payments engine, and cryptocurrency platform, has successfully secured its initial £600,000 equity crowdfunding target on Seedrs. The funding round was launched last month and has so far attracted nearly 350 Seedrs investors. As previously reported, Baanx was founded in… Read More

December 2, 2019 @ 7:11 am By Samantha Hurst  |  

Baanx, a mobile digital banking app, payments engine, and cryptocurrency platform, has launched an equity crowdfunding campaign on Seedrs to raise £600,000 in funding. Launched in 2018, the company reported that it is looking for real change in the Digital Banking and Cryptocurrency sector. “In short,… Read More

November 26, 2019 @ 7:36 am By Omar Faridi  |  

Following its successful launch in France, Orange Bank is further expanding its global operations with the introduction of a new branch in Spain. The financial institution aims to solidify its multi-service, diversification strategy by providing new mobile-based banking services. Launched on November 25, 2015 in… Read More

November 26, 2019 @ 12:36 am By Omar Faridi  |  

Bank ABC revealed on November 24 that it has introduced “ila” Bank, as the institution prepares to enter the digital, mobile-only banking sector, beginning with the Middle Eastern country of Bahrain. The initiative’s roadmap involves promoting the new platform across the Middle East and North… Read More