digital first banking

Unit Debuts Turnkey Solution for Businesses to Issue Virtual Cards, Live Bank Accounts
Unit Debuts Turnkey Solution for Businesses to Issue Virtual Cards, Live Bank Accounts
January 20, 2022  |  Digital-First Banking

Unit, a Banking-as-a-Service platform empowering companies to embed financial services into products, announced Thursday (Jan. 20) that it has debuted a new way to issue...

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Revolut Intros Savings Vault with 0.7% Interest to Advance Consumers’ Goals
Revolut Intros Savings Vault with 0.7% Interest to Advance Consumers’ Goals
January 17, 2022  |  Digital-First Banking

London challenger bank Revolut is launching Savings Vault to provide Revolut Metal customers with a savings product that offers a 0.7% interest rate to help...

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FIS: 2021 was the Year of Perseverance
FIS: 2021 was the Year of Perseverance
January 13, 2022  |  Opinion

Financial institutions stepped up to the challenges of 2021, says Kelly Beatty, executive vice president and head of payments at FIS, meeting changing cardholder demands...

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Banks Rush to Crypto to Keep Deposits From Leaving Customer Accounts
Banks Rush to Crypto to Keep Deposits From Leaving Customer Accounts
January 12, 2022  |  Connected Economy

Although many consumers and finance pros still view cryptocurrency as little more than a speculative tool, that perception is gradually losing ground as crypto becomes...

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Revolut Bank Granted Full EU Banking License Amid Criticisms of Unfair Competition
Revolut Bank Granted Full EU Banking License Amid Criticisms of Unfair Competition
December 20, 2021  |  Digital-First Banking

Revolut Bank, part of the U.K. FinTech unicorn Revolut, has been granted a full banking license by the European Central Bank (ECB), the Bank of...

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Virgin Money Emphasizes Online Presence with 20% Branch Closure
Virgin Money Emphasizes Online Presence with 20% Branch Closure
September 30, 2021  |  Digital-First Banking

British bank Virgin Money UK Plc is closing almost one-fifth of its branches in the next few months to ramp up its digital and mobile...

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Inside Revolut: 5 Banking and Payments Products Linked To UK’s Most Valuable FinTech
Inside Revolut: 5 Banking and Payments Products Linked To UK’s Most Valuable FinTech
September 29, 2021  |  Digital-First Banking

What started six years ago as a pre-paid debit card making it easy for customers to use their debit card anywhere in the world, in...

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Banking As A Service Provides B2B Solutions For Businesses Of All Sizes
Banking As A Service Provides B2B Solutions For Businesses Of All Sizes
September 10, 2021  |  B2B Payments

The global market for Banking as a Service (BaaS) has quickly become a $1 trillion industry, but new projections suggest this uptrend will continue —...

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Plaid CTO: Banks, FinTechs Must Turn ‘Transaction Data Mosaic’ Into Cohesive Service Offering
Plaid CTO: Banks, FinTechs Must Turn ‘Transaction Data Mosaic’ Into Cohesive Service Offering
September 02, 2021  |  Digital-First Banking

The FinTech startup Plaid says that getting a clear picture of a consumer’s transaction data is critical to improving their access to better financial products....

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