The London-based FinTech B-Social raised £7.8 million in seed funding as it prepares to rebrand as Kroo and become a full-fledged bank, reports said on Wednesday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In banking, in the jockeying and jousting for consumers’ attention (and deposits, of course), will it be a case of anarchy in the U.K.? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Dubbed “challenger banks” for shaking up the status quo of banking as we’ve always known it, digital banks with awesome apps are the FinTech alternative to more staid financial institutions whose roots go deep, but may also seem a bit dazed by the pace of...
Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years. Get the Full...
Axiata Group, a Malaysian telecom firm, has been in talks with as many as 11 different partners to bid for a digital banking license in the country, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...
The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
British digital bank Monzo, expanding fast, wants to hire up to 500 people and (hopefully) reach 5.5 million users this year. The bank is also preparing to try charging customers again to turn a profit. Get the Full Story Complete the form to unlock this...
Instant payments, digital commerce and banking across mobile devices are all gaining ground no matter where you look, geographically speaking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
To bring digital transformation to banks, and to help them bring their assets to the “digital-first” consumer, look to the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
