In today’s top digital-first banking news, Carol Nelson will head up American expansion for Monzo as its first female chief executive, while Figure is launching a special purpose acquisition company (SPAC) to raise $250 million. Plus, Opportunity Financial (OppFi) has entered into an agreement with...
In today’s top digital-first banking news, BNY Mellon is introducing a new division focused on advancing the growth of bitcoin, crypto and other digital assets, while Sweden’s Northmill Bank has carried out a capital round. Plus, Corporate Spending Innovations (CSI) has collaborated with Bank of the West...
Stockholm-based Northmill Bank has pulled in 250 million in Swedish krona (about $30 million). The financial technology company (FinTech) said in a press release that “the new capital will be used for continued geographical expansion and to accelerate the development of new products.” Get the...
Going global isn’t as easy as setting up an eCommerce site and waiting for the orders to come in. It requires compliant and complex banking relationships. As Monneo Managing Director Lilia Metodieva told PYMNTS, virtual IBANs can facilitate the secure global movement of money.
The digital-first economy doesn’t have a monopoly on digital-first phrasing. For example, ask the cable or network programming engineer about “multichannel,” and he or she will have a very different answer than a retailer. Ask someone in the public transportation business about hyperlinks, and the...
In today’s top digital-first banking news, Klarna is now offering consumer banking accounts in Germany, while PSCU will offer a new installment payments offering in the near future. Plus, Nymbus has raised $53 million in a Series C funding round. Get the Full Story Complete...
Payments and shopping platform Klarna, known for its buy now, pay later (BNPL) option, is now offering consumer bank accounts in Germany as it moves closer to becoming an all-in-one app for its users. Get the Full Story Complete the form to unlock this article...
It’s hard to find an executive in the financial service and commerce business who isn’t convinced that the digital-first economy is here to stay. But what isn’t so clear as the new year rolls out is that the digital-first economy has become the main competitive...
In today’s top digital-first banking news, the central bank of China is planning another test run of its digital currency, while Goldman Sachs has hired two executives to leadership positions. Plus, WEX has come to a multi-year deal for its fleet card offering with NASPO...
