Digital-first challenger bank Tandem Bank announced on Wednesday it has appointed Noam Zeigerson as its new Chief Data Officer to strengthen AI technology on its banking platform. According to Tandem, Zeigerson has more than 18 years of experience in data and analytics, as well as… Read More
Turnkey open banking platform provider, Token.io Limited, announced on Monday it has formed a partnership with digital-first challenger bank Tandem Bank to achieve PSD2 compliance and leverage open banking opportunities. According to Token.io, Tandem is now looking to look beyond core compliance, developing innovative new services… Read More
UK Challenger bank Tandem Bank just added a new savings account feature powered by Autosavings. The new account pays 0.5% interest and helps anyone save little, while giving customers the flexibility to save how they want, when they want, rounding up purchases to the nearest pound… Read More
Less than a month after revealing it has topped 500,000 in customers, digital-first challenger bank Tandem Bank announced in total customers have spent over £100 million on their credit cards and has paid £500,000 in cashback to its customers. Tandem reported since launching in February 2018, the… Read More
Earlier this week, the Financial Conduct Authority (FCA) announced a plan to “fix a dysfunctional market” when it comes to overdraft fees. In 2017, banks generated over £2.4 billion from overdrafts alone, with around 30% from unarranged overdrafts. These fees typically came from individuals who… Read More
UK challenger bank Tandem announced on Friday that it has invited their existing app users to join its Autosavings Beta testing community to help test its new Autosavings proposition. According to Tandem, users will be able to feedback suggestions for improvement, report bugs and discuss their… Read More
UK challenger bank Tandem announced on Wednesday it has teamed up with global payments platform Stripe to launch its new Auto Savings service, which will allow customers to set up rules that automatically move money from their current accounts with other providers to a savings account… Read More
As one would expect, yesterday’s Autumn Budget announcement delivered something for everyone. With Brexit getting closer, the UK Government is in “all-hands” mode seeking to boost the economy in preparation for the European divorce. Chancellor of the Exchequer Philip Hammond stated: “We are at a… Read More
It’s been an exciting week for UK fintecher Tandem. The platform launched its second credit product, Journey Credit Card, introduced auto-saving rules and the ability block card purchases in real time sans a formal cancelation process. Tandem has said that it is planning a growing range of in-app features that offer… Read More
Last week UK fintecher Tandem launched its second credit product, Journey Credit Card. Now, in addition to the digital banking platform’s recent auto-saving rules, customers may block their card’s purchases in real time without having to go through a formal cancelation process. Tandem said that this new… Read More
UK challenger bank Tandem announced on Thursday the launch of its new second credit product, which is called the Journey Card, available through an application through the bank’s website. According to Tandem, the Journey Card is considered a way for those who haven’t had credit before to build… Read More
UK challenger bank Tandem has added a new feature to its mainly digital banking platform. Tandem has introduced “intelligent auto-savings rules” to help users set aside their spare change to improve their savings habit. According to Tandem, savings are swept from their existing current accounts,… Read More
The UK Competition and Markets Authority (CMA), in collaboration with the Financial Conduct Authority (FCA), published a report this week that chastised banks for their poor service and lack of transparency. As part of an ongoing initiative to improve financial services for both consumers and… Read More
UK-based challenger bank Tandem announced on Thursday the launch of its new app feature that tells users when their payments have gone up. According to Tandem, the feature uses AI to track spending and lets app users know if the amount they’re being charged has increased. Tandem… Read More
Just two months after surpassing 100,000 customers, UK-based challenger bank Tandem has successfully attracted 250,000 customers to its platform. Not only is the fintech celebrating the number of users, it is also reportedly planning to launch its very own mortgage market. According to Financial Reporter, Tandem… Read More
Tandem now counts 100,000 Brits using the bank to spend, save, and manage their money with its competitive cashback card. According to the platform, Tandem has seen tens of thousands of app downloads, product applications, and eager savers signing up. CEO Ricky Knox’s ambition is… Read More
Challenger bank Tandem has added a new feature for its account aggregating app that allows users to confirm whether they are spending overseas or engaging in other potentially fraudulent activity. The “Fraud Conversation” is a new notification feature that sends a push notification when it… Read More
On Wednesday, challenger bank Tandem announced the launch of three fixed saver accounts. The bank reported that the launch of the accounts gives “savvy savers” the chance to put money aside in their own virtual treasure chest. The debut of the fixed saver accounts comes less than… Read More
Just two months after the finalization of its purchase of Harrods Bank, UK challenger bank Tandem has acquired money management app Pariti. Founded in 2014, Pariti is described as a free mobile app that connects to users’ different banking accounts and credit cards to provide… Read More
On Tuesday, digital challenger bank Tandem announced the launch of its first product in the UK, the travel cashback credit card, which is described as a credit card that allows users to make money whilst spending abroad. The bank revealed that the cashback card is part… Read More
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