Sections
digital bank
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2.3KB2B PaymentsUK Banks Turn To Trust As FinTech Competitive Foil
With challenger banking revving up in the U.K. market, High Street challenger banks are looking for ways to continue to set themselves...
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7.9KFintech InvestmentsMonzo’s Valuation Now At £2 Billion
Monzo, a London-based digital bank, has raised £113m in new funding as of this week, bringing the firm’s total valuation to £2...
- 4.6KBanking
Monzo Bank Valuation To Reach £2bn With US Investment
U.K. digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest...
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3.7KDigital BankingStandard Chartered Expands Africa Digital Bank Initiative
Standard Chartered announced Thursday (Jan. 31) that it has kicked off the second phase of its initiative to roll out a digital-only...
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5.6KDigital BankingChime’s Expanding Banking Services Menu
When Chime’s Co-founders Chris Britt (CEO) and Ryan King (CTO) first set out to start a web bank, it was with one...
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4.3KInvestmentsRBS Buys 25 Pct Stake In FinTech Loot, Preps For Online Bank
Royal Bank of Scotland (RBS), which is gearing up to launch a new digital bank, has acquired a 25 percent stake in...
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7.1KBank RegulationRobinhood Retreats From Checking, Savings Products
Robinhood, the FinTech that garnered a lot of attention last week after announcing a checking and savings product with 3 percent interest,...
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5.6KBankingRevolut Gets Banking License By European Central Bank
Revolut, the U.K. digital bank, announced Thursday (Dec. 13) that it received approval for a banking license in Europe by the European...
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3.9KBankingFCA Awards P2P Lender Zopa First UK Banking License
British peer-to-peer lender Zopa announced that it has been awarded a U.K. banking license, with restrictions, from the Financial Conduct Authority (FCA)....
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4.3KBankingGoldman Reassigns Online Bank Marcus To Wealth Unit
Goldman Sachs is moving its Marcus business line into its wealth-management unit. According to an internal memo seen by Bloomberg, the firm’s...
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2.9KBankingThrough Marcus, Goldman Taps UK Retail Banking/Savings Market
Goldman Sachs Group has launched its consumer bank, Marcus, in the United Kingdom, the latest salvo of the company’s push into retail...
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5.5KBankingCitigroup’s Jud Linville To Leave As Part Of Executive Reshuffling
Citigroup announced Monday (Aug. 13) that Jud Linville, CEO of global cards and consumer services, will leave the bank as part of...
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5.2KDigital BankingMonzo Extends Its Bank Accounts To UK Residents Aged 16, 17
Monzo, the digital bank, announced Monday (Aug. 6) that it is making its bank accounts open to anyone in the U.K. between...
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5.2KDigital BankingCitizens Debuts Digital Bank
Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank. Citizens Access safely and securely offers Member FDIC-insured online savings and...
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10.7KMerchant InnovationSantander Online Banking Debuts In UK
Santander Online, the Spanish banking giant and lender, is gearing up to launch a digital bank in the U.K. that is a...
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4.0KPayment MethodsPaytm Tops 100M Downloads
India-based digital payments company Paytm announced Wednesday (Dec. 27) that it had surpassed the 100 million downloads mark on the Google Play Store. In...
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4.7KBankingPaytm Says On Track To Be World’s Biggest Digital Bank
India-based Paytm Payments Bank not only wants to become the world’s largest digital bank, but also to evolve into a financial services...
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3.0KBankingOregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce
Portland, Oregon-based online bank Simple reduced its workforce by nearly 10 percent earlier this week, marking its second round of layoffs in...
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5.6KPartnerships / AcquisitionsStartup Tandem Acquires Harrods Bank
Startup bank Tandem has acquired Harrods Bank, officially achieving its goals of moving into the U.K. banking market. Finextra reports the deal comes...
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4.7KDigital BankingBank Leumi Launches Digital Bank Pepper For Mobile Phone Customers
Bank Leumi has launched Pepper, a digital banking venture that will initially offer current individual accounts and later move into securities and mortgages,...
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3.1KBankingIndia’s YES BANK Debuts Phone-/Internet-Free Mobile Banking
YES BANK, the fifth largest private bank in India, announced Wednesday (May 24) the launch of SIMsePay, a feature that lets any...
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7.2KBankingGoldman Says Brazilian FinTech Will Disrupt Traditional Banks
Brazil is seeing a boom in financial technology, which, according to a new Goldman Sachs report, will chip away at the market...
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7.2KBankingTangerine Bank Offers Credit Lines To Become Canada’s Everyday Bank
Tangerine Bank, the digital lender owned by Bank of Nova Scotia, announced it will be offering credit lines in an effort to increase...
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4.6KMobile CommerceMonzo Announces Banking Restrictions Have Been Lifted
Monzo, an upstart bank in the U.K., announced Wednesday (April 5) that its banking restrictions have been lifted, which means Monzo is...
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3.0KDigital BankingN26 Hits Milestone: 300,000 Customers Using App-Only Bank
N26, the app-only bank found in Europe, announced Wednesday (March 15) it has 300,000 users across Europe. According to a report in...
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7.1KDigital BankingNew Digital Bank Launches To … Encourage Saving
PurePoint Financial, a new division of MUFG Union Bank, N.A., announced the inception of its new hybrid digital bank aimed at committed...
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3.9KInnovationInnovation Project 2017 Conversation Starters: Betting Big …. On Banking Redux
The bank is an institution that has survived centuries. But nothing survives that long in immutable form. Consider the musty vaults housing...
