challenger banks

Tapping Into The Goldmine Of Freelancers’ Financial Data

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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Coconut Adds PrePay Solutions Tech For Freelancer Banking
Coconut Adds PrePay Solutions Tech For Freelancer Banking
February 08, 2018  |  B2B Payments

U.K. challenger bank Coconut, which launched only weeks ago to provide banking services for freelancers, has landed a new partner. Reports Wednesday (Feb. 7) said...

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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

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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BFC Bank Loops Into UK’s Faster Payments
BFC Bank Loops Into UK’s Faster Payments
January 30, 2018  |  B2B Payments

The U.K.’s Faster Payments Scheme has another participant. BFC Bank, a challenger bank with plans to launch later this year, recently announced it had joined...

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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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Small Firms Say Banks Haven’t Changed Since Financial Crisis
Small Firms Say Banks Haven’t Changed Since Financial Crisis
December 20, 2017  |  B2B Payments

Nearly a quarter of U.K. small businesses (SMBs) believe banks have changed their ways since the global financial crisis, according to a new survey by...

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