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UK digital banking surge fuelled by Brexit and pandemic

News | Online & Mobile Banking | 02 Oct 2020

Digital banking has experienced an unprecedented surge since Brexit and the pandemic, according to deVere Group staff cited by FinTech Magazine.

UK, digital banking, Brexit, pandemic, online banking, surge, deVere Group, cashless banking, post-Brexit, climate change, pandemic, challenger bank apps, digital banking apps, currency changes, money transfer, deposits, disruption

Open Banking reaches 2 mln UK-based users

News | Online & Mobile Banking | 28 Sep 2020

The Open Banking Implementation Entity (OBIE) has reported that after six months since the 1 million user milestone has been reached, the UK user base increased to 2 million.

Open Banking, UK, United Kingdom, Open Banking Implementation Entity, OBIE, disruption, COVID-19, fintech, ecosystem, lockdown, online banking apps, open banking adoption, CMA9, banks, Starling Bank, Monzo, money management apps, account aggregation, use cases, NatWest, Nutmeg, bank transfers, Open Banking payments, sort codes, account numbers

TymeBank, the first digital-only bank in South Africa

Voice of the Industry | Expert Opinion | 10 Sep 2019

A new approach to banking required stringent compliance, the ability to juggle stakeholders and a robust and flexible technology platform

TymeBank, bank, digital-only bank, South African bank, banking technology, disruption, BPC, case study