challenger banks

Post-Takeover, SMB Bank Penta Secures Latest Funding

Post-Takeover, SMB Bank Penta Secures Latest Funding
Post-Takeover, SMB Bank Penta Secures Latest Funding
August 07, 2019  |  Investments

About two years since launching its small business bank account service, challenger bank Penta announced new funding. Reports in Bloomberg this week said Germany-based Penta...

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Tide, Starling Ramp Up Rivalry Over SMB Customers
Tide, Starling Ramp Up Rivalry Over SMB Customers
August 06, 2019  |  B2B Payments

The rivalry between U.K. challenger banks Tide and Starling continues to heat up as Tide signs on its 100,000th small business customer. Reports in The...

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Brazil’s Nubank On The Universal Pain Points Of Small Business Banking
Brazil’s Nubank On The Universal Pain Points Of Small Business Banking
July 30, 2019  |  B2B Payments

The U.K. may be the world’s hotbed for challenger banks, but it’s not the only market witnessing a surge in bank competition and industry evolution...

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Starling Bank Launches Multi-owner Accounts For Larger SMBs
Starling Bank Launches Multi-owner Accounts For Larger SMBs
July 25, 2019  |  B2B Payments

U.K. challenger bank Starling Bank has introduced a new feature to let multiple business owners access a single account. A press release Wednesday (July 24)...

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Why N26 Is Keeping Fraud Top Of Mind In The US Market
Why N26 Is Keeping Fraud Top Of Mind In The US Market
July 25, 2019  |  Cybersecurity

Meeting a consumer’s banking needs requires FIs to think locally — but when it comes to fighting fraud, it pays to think globally. That’s why...

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UK Challenger FI Wyelands Questioned Over Trade Financing
UK Challenger FI Wyelands Questioned Over Trade Financing
July 24, 2019  |  B2B Payments

The Financial Times is investigating U.K. challenger bank Wyelands over its trade financing operations, the latest case to call the financing product into question. The...

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Inside N26’s Fraud Protection Strategy
Inside N26’s Fraud Protection Strategy
July 24, 2019  |  Cybersecurity

Fraudsters are muscling their way into new territories when it comes to how they approach consumers for their personal information. As such, both banks and...

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City Of London Group Preps UK Banking License For Recognise
City Of London Group Preps UK Banking License For Recognise
July 16, 2019  |  B2B Payments

The U.K. is seeing no signs that its influx of challenger banks will slow down. Another industry player, City of London Group, is slated to...

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