Articles with tag like: banking license

Found 21 results in 738 milliseconds.

eClear becomes payment institution

News | Mobile Payments | 04 May 2021

German Federal Financial Supervisory Authority (BaFin) has given the tax technology specialist eClear permission to operate as a payment service across the EU for cross-border ecommerce.

banking license, payment processing, cross-border ecommerce, cross-border payments

Northmill Bank raises USD 30 mln in funding

News | Online & Mobile Banking | 11 Feb 2021

Sweden-based challenger Northmill Bank has raised around USD 30 million in new funding.

Northmill Bank, fuding, Sweden, incumbent banks, banking license, digital banking

Australia-based neobank Xinja to shut down

News | Online & Mobile Banking | 17 Dec 2020

Australia-based neobank Xinja has announced it will be closing customer accounts, refunding customer savings, and will be returning its banking license. 

Xinja, neobank, Australia, bank closure, banking license, COVID-19, capital, banking, digital bank

Revolut to apply for local bank charter in the US

News | Online & Mobile Banking | 13 Oct 2020

UK-based Revolut has revealed its intentions of applying for a banking license in California, seeking to become a regulated bank.

Revolut, UK, US, banking license, bank charter, digital banking, bank charter, brick and mortar bank, California Division of Financial Institutions

Société Générale to acquire challenger bank Shine

News | E-invoicing, SCF & E-procurement | 01 Jul 2020

Société Générale has announced acquiring France-based startup Shine for around EUR 100 million in an all-cash deal.

Société Générale, Freelancer, challenger bank, banks, Shine, France, startups, Daphni, Kima Ventures, XAnge, freelancers, debit cards, cards, invoices, banking license

Oxbury, ClearBank partner to provide banking solutions to British farmers

News | E-invoicing, SCF & E-procurement | 01 Jul 2020

UK-based fintech Oxbury has selected ClearBank’s cloud-based banking platform to gain full access to the UK payment schemes.

Oxbury, ClearBank, banking, banking license, cloud banking platform, fintech, payments, lending, Barclays, HSBC, Lloyds, Royal Bank of Scotland, farm business, Oxbury Bank Platform, API, OxP, Oxbury Farm Credit

Apian raises EUR 11.5 mln in Series A funding

News | Online & Mobile Banking | 06 May 2020

Switzerland-based challenger bank, Alpian, has closed a Series A funding round worth EUR 11.5 million. 

Switzerland, fintech, startup, Apian, challenger bank, banking license, Swiss Financial Market Supervisory Authority, FINMA, digital, disruptive technology

Falcon Private Bank could lose Swiss banking license

News | Payments General | 29 Apr 2020

Switzerland-based Falcon Private Bank has announced that it may lose its Swiss banking license following its connection to the 1MDB scandal.

Falcon Private Bank, Switzerland, banking license, 1MDB, Financial Market Supervisory Authority, money laundering, transactions , Singapore, Hong Kong

Grab, Razer, AirAsia, Axiata, and CIMB consider digital banking licensing in Malaysia

News | Online & Mobile Banking | 27 Jan 2020

Grab, Razer, AirAsia, Axiata and CIMB have expressed the intentions of apply for digital banking licences in Malaysia, according to Reuters.

Grab, Razer, AirAsia, Axiata, CIMB, digital banking, banking license

UK-based digital bank Vive acquires banking license from Bank of England

News | Online & Mobile Banking | 24 Jan 2020

Vive, a newly established UK-based digital bank, has reportedly acquired a banking license with certain restrictions from the Bank of England (BoE).

digital bank, Vive, banking, Bank of England, banking license, payments, app

Ant Financial applies for digital banking license in Singapore

News | Online & Mobile Banking | 03 Jan 2020

China-based Ant Financial, an affiliate of ecommerce giant Alibaba Group, has joined the race for a digital banking license in Singapore, Business Standard reports.

Ant Financial, Singapore, China, digital banking, ecommerce, banking license, Monetary Authority of Singapore

Razer to apply for digital banking license in Singapore

News | Online & Mobile Banking | 03 Jan 2020

Gaming company Razer has announced it is leading a consortium of companies applying for an online bank license in Singapore, Reuters reports.

Razer, gaming, online banking, fintech, banking license, Singapore

Tencent builds virtual bank after receiving Hong Kong license

News | Online & Mobile Banking | 12 Nov 2019

Tencent has announced opening a blockchain-based virtual bank after the Hong Kong Securities and Futures Commission approved a new license.

Tencent, Hong Kong, blockchain, Hong Kong Securities and Futures Commission, Commerce Bank of China, ICBC, SFC, virtual bank, digital bank, online banking, banking license

Bitwala allows Bitcoin bank accounts in 31 European countries

News | Cryptocurrencies | 05 Sep 2019

Bitwala has launched a new app, which will enable users to open a German bank account with an integrated Bitcoin wallet, via their smartphones.

Bitwala, launch, Bitcoin, bank accounts, Europe, cryptocurrency, digital assets, trading fee, fintech, banking license, crypto assets

Payseras vision: a world where electronic payments have no boundaries – interview with Kostas Noreika

Interviews | Interviews | 04 Jul 2019

One of Paysera’s founders and main shareholders, Kostas Noreika, talks about the company’s journey so far and how it strives to innovate B2B electronic payments

Paysera, Kostas Noreika, ecommerce, electronic payment, e-money license, transfers, IBAN, accounts, transfers, European Economic Area, online payments, banking license, fintech, mobile app, bill splitting, savings, debit card, banks, financial institutions

Revolut gets European banking license via Lithuania

News | Payments General | 13 Dec 2018

Revolut, the UK-based financial technology startup, has obtained a European banking license, with plans to launch checking and savings accounts as well as retail and business lending.

Revolut, banking license, Europe, Lithuania, business lending, Bank of Lithuania

Revolut rolls out direct debits in Europe

News | Online Payments | 15 Mar 2018

Revolut has added direct debits in EUR with the aim to make it easier to pay for utilities and subscription services.

Revolut, direct debit, Europe, fintech, startup, MasterCard, banking license

AYA Bank, MPU, JCB introduce corporate credit card in Myanmar

News | Cards | 14 Nov 2017

Ayeyarwady Bank (AYA Bank), Myanmar Payment Union (MPU), and JCB International have launched the AYA Universal Corporate MPU-JCB Co-Branded Card in Myanmar.

AYA Bank, MPU, JCB, corporate, credit card, Myanmar, credit, banking license

Revolut applies for European banking license

News | Online & Mobile Banking | 08 Nov 2017

Revolut has announced it has applied for a European banking license, as it bids to join a growing number of digital-only banks looking to win customers.

Revolut, banking license, mobile banking, digital banking

Cashplus announces plan to become a bank

News | Online & Mobile Banking | 02 Nov 2017

Cashplus has announced that it intends to submit a banking licence application as part of the plan to become a bank.

CASHplus, bank, challenger bank, online banking, UK, banking license