London-based FinTech company Monzo has pulled back its application for a U.S. banking license, according to a Monday (Oct. 4) report from CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
An independent investigation set up by the Competition and Markets Authority (CMA) found that the Open Banking Implementation Entity (OBIE) has had poor governance and didn’t stop bullying and intimidation of staff, Reuters writes. Get the Full Story Complete the form to unlock this article...
British bank Virgin Money UK Plc is closing almost one-fifth of its branches in the next few months to ramp up its digital and mobile presence, according to a Bloomberg report Thursday (Sept. 30). Get the Full Story Complete the form to unlock this article...
The U.K.-based digital bank Starling plans to offer its Banking as a Service across Europe, including France, Germany, the Netherlands and Spain, in the first half of 2022, according to a Crowdfund Insider report on Wednesday (Sept. 29). Get the Full Story Complete the form...
What started six years ago as a pre-paid debit card making it easy for customers to use their debit card anywhere in the world, in whichever currency they like, has evolved into a billion-dollar challenger bank that is now worth more than 53-year-old NatWest, one...
London-based FinTech company Monzo, in an effort to simplify the bill-paying and household budgeting process, has made it possible for account holders to make card payments from their various “pots,” or digital piggy banks, according to a Tuesday (Sept. 21) blog post on the company’s...
U.K.-based financial super app Revolut will be debuting commission-free stock trading for U.S. customers soon, according to a CNBC report Tuesday (Sept. 21), after it obtained a broker-dealer license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
PayPal is launching a super app that offers consumers an all-in-one platform to manage personal finances, including early-access direct deposit, high-yield savings, shopping tools, bill payments, rewards and more. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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