Sections
challenger banks
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1.7KB2B PaymentsB2B Neobank Qonto Gets $115M In Series C Round
Qonto, a French startup Neobank that caters to B2B clients, has raised $115 million in a Series C funding round led by...
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4.2KDigital BankingGoogle Pay Co-founders’ Indian Neobank Has Raised $13.2M
Two co-founders of Google Pay in India have raised $13.2 million in a Seed funding round for its neo-bank epiFi, led by...
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2.2KRegulationPSD2 And The Turkish Banking Opportunity
FinTechs see PSD2 as an opportunity to get a leg up with legacy banks. That will be tough in Turkey, where banks...
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2.5KAlternative FinancesAfter The Disruption: Alt-Banking Goes Straight, Chases Bad Guys
As alt-banking matures and FinTechs mushroom, challenger banks are losing their cool “disruptor cred” and blending into the banking landscape. Not as...
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2.7KDigital BankingDeep Dive: How The Challenger Bank Technology Gap Is Helping Fraudsters
Fraudsters are approaching their less-than-ethical business models with healthy work ethics. Headlines are filled with reports of service outages and data breaches,...
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1.2KToday In DataHow Used Cars And Sales Taxes Are Building The Digital Future
Can digital technology really take the hassle out of used car sales – and compete with dealerships and lots? Is there a...
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5.3KDigital BankingInside N26’s Strategy To Win US Customers
Challenger banks with a couple of operating years behind them are beginning to get a taste of the problems they handed to...
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3.6KInvestmentsThe Venture Investing Road Less Traveled: Funding Enablers, Not Challengers
High-flying tech unicorns have been brought to earth. Venture capital dollars chase Neobanks and alternative credit companies. Commerce Ventures Founder Dan Rosen tells...
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6.5KPayments InnovationDoes ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?
Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and...
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5.2KToday In DataHow ‘Ghosts’ And Visuals Build Better Commerce Ecosystems
“Ghost” kitchens are changing the food delivery game as shopping embraces better visual technology. Challenger banks have a hard, but increasingly clear,...
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6.0KBankingThe Challenges Challenger Banks Must Overcome To Compete
Challenger banks — financial firms offering something much like banking services, and looking to compete with old-school banks — are a new...
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4.3KBankingBuilding A Challenger Bank That Actually Challenges Traditional Banking
There are several reasons why consumers might complain about the services provided by their traditional banks. Perhaps the worst, HM Bradley CEO...
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4.3KB2B PaymentsChina B2B FinTech Nabs The Venture Capital Spotlight
U.K. challenger banks Tide and Starling Bank ramped up their competition once again as the two rivals each announced new funding. Yet,...
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4.7KBankingUK Challenger Banks Struggle To Compete
Challenger banks in the U.K. are having a hard time competing with the country’s big four financial institutions. While challengers such as...
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10.3KVISAVisa Powers Revolut’s Global Expansion Into 24 New Markets
“There is nothing new under the sun.” Human beings have been saying the above, or some variation on it, for approximately three...
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2.9KDigital BankingHow Challenger Banks Are Giving Legacy Players Key Opportunities
Challenger banks are pushing traditional banks to reboot their customer experience. In the latest Digital Banking Tracker, Jamie Warder, head of digital...
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4.7KBankingDigital Banking And Branches Not An Either/Or Proposition
Banks are not just competing for customer engagement and retention — they are also vying for funding and resources as they overhaul...
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3.9KB2B PaymentsRevolut Taps Xero For SMB Expense Offering
Challenger bank Revolut is launching a new product for its small business customers. The U.K. company announced in a blog post on...
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2.5KSizzle/FizzleAre Chinese Tech Stocks Set For Fizzle?
A trade war tariff reprieve does not a sustainable rally make, at least not for Chinese tech stocks. However, the news Thursday...
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4.1KDigital BankingChallenger Banks Raise Record Funds To Take On Traditional FIs
Digital challenger banks are hoarding money to take on traditional banking competitors and have raised a total of $2 billion from eager...
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4.3KSecurity & FraudWhy N26 Is Keeping Fraud Top Of Mind In The US Market
Meeting a consumer’s banking needs requires FIs to think locally — but when it comes to fighting fraud, it pays to think...
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6.5KSecurity & FraudInside N26’s Fraud Protection Strategy
Fraudsters are muscling their way into new territories when it comes to how they approach consumers for their personal information. As such,...
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3.2KB2B PaymentsA New Divide In Business Banking?
The 2008 global financial crisis forced traditional banks to pull back from small businesses (SMBs) considered too risky and unprofitable to finance,...
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3.6KBankingFor FI Account Openings, Serving The ‘Segment Of One’
A disconnect looms in financial services, one that can doom relationships between financial institutions (FIs) and customers from the beginning. Studies have...
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UK Challenger Banks Stumble On Stress Tests
Stress tests haven’t been kind to so-called challenger banks in the U.K., according to a Financial Times report. It stated that the...
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2.4KBankingLights Out For Loot?
When businesses get sold, the deals can happen for a variety of reasons. The buyers can be strategic, looking for technology or...
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3.5KRegulationHong Kong Issues More Online Banking Licenses
The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi...
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3.2KInvestmentsMasthaven Gets £60M Equity Investment From Värde Partners
Masthaven, the U.K. specialist bank, and Värde Partners, a global alternative investment firm, announced Wednesday (April 24) the completion of the strategic...
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9.4KDigital BankingChase On Gen Z, Mobile Banking — 10 Years In
With more consumers than ever interested in fulfilling all their financial needs on mobile, both legacy banks and FinTech firms are focusing...
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6.2KDigital BankingHow Wells Fargo Uses AI, Biometrics To Fight Money Laundering
With fraud attempts continually on the rise around the world, financial institutions have their work cut out for them. They must remain...
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12.3KDigital BankingHow Wells Fargo Uses AI, Biometrics To Fight Money Laundering
Digital banking customers of today aren’t looking for the bank with the newest features — they’re looking for the bank that can...
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6.1KB2B PaymentsStarling Debuts New Business Lending Strategy
U.K. challenger Starling Bank is moving forward with plans to introduce business lending services, reports in Specialist Banking said this week, with the...
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7.3KInvestmentsChime Valued At $1.5B After Capital Raise
Chime, the challenger bank based in the U.S., now has a valuation of $1.5 billion after raising $200 million in venture funding....
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3.8KAuthenticationA Brazilian Challenger Bank’s Smartphone-First Approach To Onboarding And Authentication
Frustrations with traditional Brazilian bank incumbents have given rise to new digital challenger offerings that are more in sync with the digital...
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29.4KAuthenticationBoosting Access To Financial Services In Brazil
As fraudsters get more brazen and inventive in the digital information ecosystem, many companies are realizing they can’t thwart these bad actors...
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7.4KDigital BankingDeep Dive: How Challenger Banks Navigate Licensing Obstacles
Many challenger banks pursue charters to establish themselves as trustworthy institutions and compete directly with legacy FIs. Yet, pursuing charters can be...
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8.6KB2B PaymentsControversy Hits RBS’ $1B Fund To Boost Bank Competition
The U.K. government’s mandate that the Royal Bank of Scotland (RBS) allocate about $1 billion for a fund intended to give a...
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6.9KB2B PaymentsChallenging The Truths Of Small Business Banking
The small business (SMB) banking sector continues to endure seismic disruption from many angles. In the U.K., regulators are cracking down on...
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7.1KDigital BankingHow Argentina’s Wilobank Brings Financial Services To Unbanked Populations
In Latin America, where roughly 70 percent of the population is unbanked due to traditional banks’ stringent KYC requirements, digital-only challenger banks...
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9.9KDigital BankingDigital Challengers Are Closing Argentina’s Banking Gap
Challengers. Neobanks. Upstart institutions. Alternative banks. These newcomers to the financial services landscape go by many names, and have gained popularity, especially...
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5.2KB2B PaymentsUK’s Newest Challenger Bank Diaspora Eyes Trade Finance
Yet another challenger bank is slated to launch in the U.K. Diaspora, based in London, has trade finance at the center of...
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4.9KB2B PaymentsSMB Challenger Banks A Hot Spot With VCs
The U.K. challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small...
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4.1KFintech InvestmentsEuropeans Trust Mobile Banks Over Traditional FIs
Millions of customers across Europe are placing their money with challenger banks over traditional financial institutions. According to The New York Times,...
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3.8KInvestmentsMoney Transfer Co Monese Raises $60M For Global Expansion
Monese, the U.K. bank challenger, announced on Wednesday (Sept. 6) that it has secured $60 million in venture funding. According to a...
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5.7KB2B PaymentsBanks, FinTech Firms Ready To Compete For RBS Funds
Royal Bank of Scotland (RBS), which has been ordered to dole out more than $1 billion to industry competitors, is ready to receive...
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6.0KDigital BankingMonzo Extends Its Bank Accounts To UK Residents Aged 16, 17
Monzo, the digital bank, announced Monday (Aug. 6) that it is making its bank accounts open to anyone in the U.K. between...
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5.8KB2B PaymentsClearBank Agrees To Open Account For Crypto Exchange
U.K. bank ClearBank has reportedly agreed to open up an account for a cryptocurrency exchange, according to unnamed sources, as reported by...
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4.5KEuropeLendix Notches $37M Amid European Expansion
After raising $37 million in a funding round backed by investors such as Idinvest and Allianz, French lending platform Lendix is eyeing...
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5.1KStartupsTencent And Allianz Invest $160M Into Mobile Banking Startup
As it builds a retail bank from the ground up, N26 has notched $160 million in a Series C funding round led by...
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11.4KDigital BankingNEW DATA: Why 100% Of Mid-Sized FIs Fail To Climb The Innovation Curve
Mid-sized financial institutions looking to stay competitive could learn a thing or two from both their larger and smaller counterparts. Because when...
