European neobank Bunq filed for a Mexican banking license, saying it aims to serve the growing number of global citizens within, and with ties to, Mexico. With a full banking license, Bunq would be able to offer Mexican residents full-service banking, multicurrency accounts and protected...
Amsterdam-based neobank bunq has formally launched its campaign for an American banking license. The company announced Wednesday (Jan. 7) that it had filed for a de novo banking license with the Office of the Comptroller of the Currency (OCC) as it targets “digital nomads,” or...
European neobank Bunq is on the road to getting a banking license in the United States. The company filed for a broker-dealer license, part of a two-stage strategy to enter the American market, according to a Tuesday (April 15) news release. With this step, the...
Dutch neobank Bunq is reportedly launching a hiring spree as it aims to expand. The company’s chief executive told CNBC in a report posted Thursday (Sept. 13) that Bunq plans to expand its staffing levels by 72% this year, from 427 employees to 735, as it prepares to move...
August 08, 2024
The landscape of payments fraud is undergoing a shift as traditional detection methods become increasingly inadequate against sophisticated fraud schemes. Conventional rules-based systems, relying on static rules and predefined patterns, are falling short in adapting to the dynamic tactics of modern fraudsters. Enter generative artificial intelligence, a technology that promises to redefine fraud detection by […]
October 19, 2022
As European consumers look to mitigate against continent-wide inflationary pressure, many are tightening their purse strings ahead of what may be a difficult winter. Across the continent, soaring food and...
March 02, 2022
The emergence of challenger banks over the past decade has not only given consumers more choice, but it’s also fundamentally reshaped the financial ecosystem and driven incumbents to innovate. And...
May 29, 2020
Financial institutions (FIs) have been adapting their platforms and technologies to better suit the needs of more digital consumers for decades, but the coronavirus has placed new importance and pressure...
August 09, 2026
American banking regulators have reportedly turned down Dutch FinTech Bunq’s request for a banking license. The Office of the Comptroller of the Currency (OCC) denied the request Friday (Aug. 7), telling Bunq the company needed to offer more insight into its American expansion plans, Bloomberg News reported. “The OCC wants to see a plan more […]
May 15, 2026
European neobank Bunq filed for a Mexican banking license, saying it aims to serve the growing number of global citizens within, and with ties to, Mexico. With a full banking...
January 07, 2026
Amsterdam-based neobank bunq has formally launched its campaign for an American banking license. The company announced Wednesday (Jan. 7) that it had filed for a de novo banking license with...
April 15, 2025
European neobank Bunq is on the road to getting a banking license in the United States. The company filed for a broker-dealer license, part of a two-stage strategy to enter...
