challenger banks

Competition Begins To Boil For Challenger Banks

Competition Begins To Boil For Challenger Banks
Competition Begins To Boil For Challenger Banks
April 20, 2017  |  B2B Payments

The U.K.’s challenger bank landscape is spreading since regulators have welcomed new competition into the retail banking space. Market entrants are looking to disrupt across...

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Virgin Money Plans SME Banking Entrance
Virgin Money Plans SME Banking Entrance
March 02, 2017  |  B2B Payments

Virgin Money, a U.K. challenger bank, will begin to look towards small businesses to gain new customers. Reports in the Financial Times Wednesday (Mar. 1) said...

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Worldpay Founder To Launch Banking-as-a-Service Disruptor
Worldpay Founder To Launch Banking-as-a-Service Disruptor
March 01, 2017  |  B2B Payments

The U.K. banking industry has seen a slew of new market entrants in the form of “challenger banks,” but one of the latest to enter...

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Financial Advisors Launch Private UK Bank For SMEs
Financial Advisors Launch Private UK Bank For SMEs
January 24, 2017  |  B2B Payments

The financial advisors at deVere Group are launching their own private bank in the U.K. aimed at SMEs and international clientele. The company said Monday...

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SME Bank Switching Effort May Backfire, Says Critic
SME Bank Switching Effort May Backfire, Says Critic
August 09, 2016  |  B2B Payments

Plans by the U.K. Competition and Markets Authority (CMA) to boost banking competition by facilitating bank switching for small and medium-sized enterprises could backfire, according...

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New UK Challenger Bank Hints At Corporate Strategy
New UK Challenger Bank Hints At Corporate Strategy
August 04, 2016  |  B2B Payments

Several so-called “challenger banks” have popped up in the U.K. in recent years, with smaller financial institutions looking to promote competition in a banking industry...

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