challenger banks

Lawmakers Raise FinTech Concerns Post Robinhood Debacle

Lawmakers Raise FinTech Concerns Post Robinhood Debacle
Lawmakers Raise FinTech Concerns Post Robinhood Debacle
December 21, 2018  |  Bank Regulation

A bipartisan group of U.S. senators has expressed concerns that FinTech startup Robinhood is not being transparent about its cash management service. After announcing a checking...

READ MORE >
Square Takes Another Shot At A Banking License
Square Takes Another Shot At A Banking License
December 19, 2018  |  Banking

San Francisco-based FinTech company Square, known for its white card readers, has once again decided to become a banking establishment, according to a report in...

READ MORE >
Judo Capital Taps VERMEG For Reporting Compliance
Judo Capital Taps VERMEG For Reporting Compliance
December 17, 2018  |  B2B Payments

Australian challenger bank Judo Capital has chosen VERMEG, a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements...

READ MORE >
Robinhood Retreats From Checking, Savings Products
Robinhood Retreats From Checking, Savings Products
December 16, 2018  |  Bank Regulation

Robinhood, the FinTech that garnered a lot of attention last week after announcing a checking and savings product with 3 percent interest, has retreated from...

READ MORE >
Tide Secures 1 Percent Of UK SMB Banking Sector
Tide Secures 1 Percent Of UK SMB Banking Sector
December 11, 2018  |  B2B Payments

A new blog post from U.K. challenger bank Tide claims the company has officially secured 1 percent of the small business banking industry, signaling continued...

READ MORE >
Credit Suisse Backs Aussie Challenger Bank Judo With $250M
Credit Suisse Backs Aussie Challenger Bank Judo With $250M
November 27, 2018  |  B2B Payments

Australia-based challenger bank Judo Capital has raised more than $250 million from Credit Suisse Australia, according to reports. Business Insider Australia said Monday (November 26)...

READ MORE >
Tandem Partners With Stripe On New Auto Save Feature
Tandem Partners With Stripe On New Auto Save Feature
November 14, 2018  |  Banking

Tandem Bank, the U.K. mobile bank, announced on Wednesday (Nov. 14) a new automatic savings service that will be powered by global payments platform Stripe....

READ MORE >
Bank Top Lines At Risk Amid FinTech Boon?
Bank Top Lines At Risk Amid FinTech Boon?
October 29, 2018  |  B2B Payments

FinTech and new FI players are grabbing a large slice of the banking revenue pie across the globe, says Accenture. In at least one market, though...

READ MORE >