challenger banks

NEW DATA: The Innovations Credit Union Members Need To Stick, Not Switch
NEW DATA: The Innovations Credit Union Members Need To Stick, Not Switch
March 12, 2020  |  Credit Unions

Credit unions (CU) members have a reputation of being loyal to their financial institution (FI) — and not without reason. CU members, by and large,...

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US Challenger SMB Bank NorthOne Lands VC
US Challenger SMB Bank NorthOne Lands VC
March 10, 2020  |  B2B Payments

A new challenger bank in the U.S., NorthOne, has raised $21 million in a Series A funding round, according to a release.  While fairly common...

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Challenger Bank Aion Launches In Belgium With Subscription Model
Challenger Bank Aion Launches In Belgium With Subscription Model
February 28, 2020  |  Banking

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...

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What Open Banking Means For China, Challenger Banks And SMBs
What Open Banking Means For China, Challenger Banks And SMBs
February 27, 2020  |  B2B Payments

Small businesses continue to embrace digital banking. At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB)...

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RBS Fund Takes Back £50M From Metro Bank
RBS Fund Takes Back £50M From Metro Bank
February 26, 2020  |  B2B Payments

After Metro Bank recently pulled back from plans to expand and decided to move away from lending for mortgages, the bank said it will return £50...

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Challenger Bank Battle In Full Swing In UK
Challenger Bank Battle In Full Swing In UK
February 25, 2020  |  Banking

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.? We’re...

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Digital Banking Apps Vs The Establishment
Digital Banking Apps Vs The Establishment
February 25, 2020  |  Banking

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...

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NCR: How FIs Can Triumph Over the Challenger Bank Challenge
NCR: How FIs Can Triumph Over the Challenger Bank Challenge
February 21, 2020  |  Banking

For traditional financial institutions (FIs), especially smaller FIs and credit unions (CUs), the age of disruption is here. Digital banks are poised to lure consumers...

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The Week In Payments: China, China, Challenger Banks And Bitcoin
The Week In Payments: China, China, Challenger Banks And Bitcoin
January 31, 2020  |  Commentary

If there were a theme in the big headlines this week in payments, financial services and commerce, it would have been movement. That theme was...

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