challenger banks

Digital Bank-Backed Azlo Readies For Debut
Digital Bank-Backed Azlo Readies For Debut
February 15, 2018  |  Startups

Banco Bilbao Vizcaya Argentaria S.A (BBVA)-backed U.S. digital banking startup Azlo is poised to open its digital doors this week, coming out of a pilot...

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Tapping Into The Goldmine Of Freelancers’ Financial Data
Tapping Into The Goldmine Of Freelancers’ Financial Data
February 12, 2018  |  B2B Payments

The EU’s PSD2 and Open Banking in the U.K. have shone a massive spotlight on the role of API technology in banking to open up...

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States Press Regulators To Simplify FinTech Licensing
States Press Regulators To Simplify FinTech Licensing
February 06, 2018  |  Bank Regulation

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting...

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The Self-Employed’s Struggle To Not Get Left Behind By Challenger Banks
The Self-Employed’s Struggle To Not Get Left Behind By Challenger Banks
February 01, 2018  |  B2B Payments

Small businesses (SMBs) have no problem airing their grievances against big banks. Researchers from CivilisedBank released data last month that found nearly a quarter of...

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Moven To Buy US Bank, Create Joint Venture In Japan With SBI
Moven To Buy US Bank, Create Joint Venture In Japan With SBI
February 01, 2018  |  Partnerships / Acquisitions

Mobile-first bank Moven has signed a memorandum of understanding (MoU) with financial services provider SBI Group, the Japanese owner of SoftBank. According to a report...

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Another SMB Challenger Bank Hits The UK Market
Another SMB Challenger Bank Hits The UK Market
January 25, 2018  |  B2B Payments

The U.K.’s financial services market is expanding, with FinTechs — dubbed challenger banks — rivaling traditional financial institutions (FIs). This week, the industry got a bit bigger:...

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No Easy Fix For Freelancers’ FinServ Needs — Even With PSD2
No Easy Fix For Freelancers’ FinServ Needs — Even With PSD2
December 13, 2017  |  B2B Payments

A few bank scandals and research highlighting smaller companies’ frustrations with traditional financial institutions (FIs) have ushered in a wave of challenger banks in the...

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Challenger Banks Penta, Arro Debut Small Business Accounts
Challenger Banks Penta, Arro Debut Small Business Accounts
December 13, 2017  |  B2B Payments

Two challenger banks in the European Union — U.K.-based Arro and Germany-based Penta — both announced Tuesday (Dec. 12) that their small- and medium-sized business (SMB)...

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Deutsche Bank Learns To Compete Beyond Banks
Deutsche Bank Learns To Compete Beyond Banks
November 20, 2017  |  Banking

Deutsche Bank’s chief executive is concerned about more than competing with other banks. In fact, he revealed that the company spends most of its time...

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