Tagged: online banking

Lloyds Bank & Halifax Customers Now Able to Experience New Open Banking Feature on Mobile Banking App

Lloyds Bank announced last week that it and Halifax customers are now able to see their personal current accounts from different banks through the Lloyds Bank mobile banking app. According to Lloyds Bank, the new open bank feature now enables customers to safely and securely… Read More

Canadian Credit Union Meridian Announces Plans to Launch Digital Banking Platform “motusbank”

Meridian, a Canada-based credit union, announced last week the launch of its new digital platform, motusbank. According to Meridian, motusbank has already received the official go-ahead from the Office of the Superintendent of Financial Institutions (OSFI) and will open for business this spring. Its description reads: “motusbank… Read More

Varo Money Raises Annual Percentage Yield on Savings Account

Digital-only challenger bank Varo Money announced on Tuesday it raised the Annual Percentage Yield (APY) on its FDIC-insured Varo Savings Account to 2.80% for customers whose Savings Account balance is $50,000 or less, and who have qualifying direct deposits and debit card purchases from their… Read More

Cameroon’s Afriland First Bank Selects Fintech Temenos to Enhance End-to-End Banking Experience

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Temenos (SIX: TEMN), a Switzerland-based banking software company,  announced on Thursday Cameroon-based financial services group Afriland First Bank has chosen Temenos T24 Core Banking platform to power its digital transformation journey. According to Temenos, the bank has opted for a complete IT renovation using Temenos… Read More

Sberbank Makes Investment Available to All Russians Through Newly Launched Mobile App

Russian banking firm Sberbank announced on Wednesday the launch of its new mobile banking app, Sberbank Online. According to Sberbank, the app creation allows all retail clients to receive and secure funds to make an investment in a wide range of financial tools, such as… Read More

Starling Bank Debuts First Personal Loan Products Offering Up to £5,000

Digital challenger bank Starling Bank announced on Thursday the launch of its first personal products. This news comes just after Starling Bank launched its Banking-as-a-Platform APIs to allow businesses to offer their own unique retail banking payments services, including card issuing as an API. According… Read More

Hong Kong Digital Bank Neat Secures $2 Million Investment From Dymon Asia Ventures & Portag3 Ventures

Neat, a digital bank based in Hong Kong, announced earlier this week it secured a $2 million investment from Dymon Asia Ventures and Portag3 Ventures. Founded in 2015, Neat offers two banking products, Neat Business and Neat Personal. All banking with Neat is done through its… Read More

Monzo Announces Collaboration With TransferWise to Provide International Money Transfers From Within Monzo Mobile App

On Monday, challenger bank Monzo announced it has formed a new partnership with money transfer service TransferWise to provide international money transfers from within its mobile app. According to Monzo, through the payments tab in the app, uses are able to make payments overseas to… Read More

Monzo Launches New Web Services For Emergencies

Last week, challenger bank Monzo announced the launch of its new Monzo Web feature, which allows users to access their accounts in the event of an emergency such as wallet has been stolen or a phone has been lost. The bank reported that  Monzo Web allows customers… Read More

Money Rate Releases Bi-Annual Checking Account Fees Survey

On Thursday, Money Rates announced its bi-annual checking account fee survey, which revealed that consumers are getting a rare break from checking account fees. According to Money Rates, the survey found that since the previous survey six months ago, service fees dropped and, the percentage… Read More

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