New subscription-only bank Aion is launching in Belgium, and it wants customers to be able to get the most out of their money, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Many banks are embracing digital-first technologies to stay competitive, leveraging tools...
Banking Circle is now licensed to do banking in Luxembourg after the Commission de Surveillance du Secteur Financier (CSSF) granted the license. The company has been making a name for itself in financial work over the last several years. Now, it can give access to real-time payments for...
After a reporting error that caused the exit of its chief executive and chairman in 2019, Metro Bank has announced that it is scaling back its expansion efforts and moving away from lending for mortgages, according to a report by the Financial Times. Get the...
The London-based FinTech B-Social raised £7.8 million in seed funding as it prepares to rebrand as Kroo and become a full-fledged bank, reports said on Wednesday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Billions of dollars in earnings. Billions of dollars in the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
In banking, in the jockeying and jousting for consumers’ attention (and deposits, of course), will it be a case of anarchy in the U.K.? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Dubbed “challenger banks” for shaking up the status quo of banking as we’ve always known it, digital banks with awesome apps are the FinTech alternative to more staid financial institutions whose roots go deep, but may also seem a bit dazed by the pace of...
Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years. Get the Full...
