Neobanks

Neobanks Decimate Staff as They Chase Sustainable Profits

Neobanks Decimate Staff as They Chase Sustainable Profits
Neobanks Decimate Staff as They Chase Sustainable Profits
November 03, 2022  |  Banking

There’s an old business saying that holds that you can’t cut your way to profitability. Chime and its digital peers are going to put that...

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Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
October 21, 2022  |  Banking

In business, sometimes, the strategy is to be first — jumping into markets with new products and services, striving to capture consumers’ mind share, wallet...

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From Film Studios to FinTechs, Connected Economy Forces Business Model Rethinks
From Film Studios to FinTechs, Connected Economy Forces Business Model Rethinks
September 20, 2022  |  Connected Economy

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Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
September 13, 2022  |  Cybersecurity

“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster....

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EMEA Daily: Amazon Buys Cloostermans; Wise Brings SWIFT to Neobanks
EMEA Daily: Amazon Buys Cloostermans; Wise Brings SWIFT to Neobanks
September 09, 2022  |  Europe

Today in Europe, the Middle East and Africa, Amazon acquired the Belgian robotics company Cloostermans and Wise Platform launched a new solution to help banks...

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Goldman’s Ability to Absorb Losses at Marcus Unit Keeps Neobanks on Edge
Goldman’s Ability to Absorb Losses at Marcus Unit Keeps Neobanks on Edge
June 28, 2022  |  Banking

There’s an old saying in the newspaper business: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Money Mobility Holds Key to Helping FinTechs Win, Keep Digital-First Consumers
Money Mobility Holds Key to Helping FinTechs Win, Keep Digital-First Consumers
March 10, 2022  |  Payments Innovation

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Series C Brings $100M to Indian Neobank Niyo
Series C Brings $100M to Indian Neobank Niyo
February 24, 2022  |  Investments

Indian consumer neobank Niyo has raised $100 million in a Series C round, the company announced in a news release Thursday (Feb. 24). Get the...

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