Banking

Banking
Starling Bank Attains Unicorn Status With Latest $373 Million Share Sale
March 07, 2021

Britain’s Starling Bank is scheduled to announce Monday (March 8, 2021) that it has raised about $373 million from investors led by Fidelity Management & Research, Sky News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
UAE’s Neobank Debuts Country’s First Digital Banking Platform
March 07, 2021

YAP, the first independent digital banking platform in the United Arab Emirates, has launched as of Sunday (March 7), Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Bank Jago To Offer Some Banking Services Early
March 05, 2021

Bank Jago plans to start offering some banking services in mobile apps ahead of its rollout of full-fledged products, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Today In Digital-First Banking: Plaid Rolls Out Income Verification Tool; Revolut Grows To Additional European...
March 04, 2021

In today’s top news in digital-first banking, Plaid is introducing Plaid Income in an effort to streamline the income verification process, while Revolut Bank has rolled out services to 10 more European nations. Plus, Hippo Enterprises Inc. plans to go public by merging with a...

Banking
Plaid Launches New Tool To Streamline Income Verification
March 04, 2021

FinTech startup Plaid is introducing Plaid Income, a product intended to streamline the income verification process, making it easier for consumers to get loans, rent apartments and more, according to a company blog post. Get the Full Story Complete the form to unlock this article...

Banking
Revolut Expands Its Digital-Only Banking To 10 More European Countries
March 04, 2021

Banking industry upstart Revolut Bank said Thursday (March 4) that it has rolled its services out to 10 more European countries. The London-based company said customers in those countries can now benefit from its “European specialised banking license” that includes “a deposit-guarantee scheme,” Revolut said...

Banking
Today In Digital-First Banking: PNC Signs Onto TCH’s CHIPS Network; UK’s FCA Increases Caps On...
March 03, 2021

In today’s top news in digital-first banking, PNC Bank has joined The Clearing House’s CHIPS network, while the U.K.’s Financial Conduct Authority (FCA) is increasing the limits on contactless payments. Plus, Xendit has raised $64.6 million in a Series B funding round. Get the Full Story Complete...

Banking
Germany’s BaFin Pulls The Plug On Greensill Bank
March 03, 2021

Operations were frozen at Greensill Bank after Germany’s Federal Financial Supervisory Authority (BaFin) filed a criminal complaint against the financial startup, the Financial Times reported on Wednesday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Five Star Mobile Banking Apps Give Banks A False Sense of Security
March 03, 2021

The digital shift has spurred a mass epiphany about physical bank branches. 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...