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Battle Financial chooses Finxact as its platform for banking operations

News | Online & Mobile Banking | 11 Mar 2022

Provider of next-gen core banking platforms to the US regional banking sector Finxact has announced that Battle Financial, a Colorado-based company building Battle Bank has selected the former to be its platform for banking operations.

online banking, API, SaaS, partnership, cloud services, cloud banking, online bank

JPMorgan study: how quantum resistant blockchain network works

News | Digital Identity, Security & Online Fraud | 21 Feb 2022

Investment banking company JPMorgan Chase has announced it completed research on a quantum key distribution (QKD) blockchain network that fights against quantum computing attacks.

JP Morgan, metaverse, online bank, blockchain, cryptocurrency, bot attacks, quantum computing

Fintech Farm to launch neobanks in 8 countries

News | Online & Mobile Banking | 28 Jan 2022

UK-based startup Fintech Farm has raised over USD 7 million to launch neobanks in eight countries until 2024.

digital banking, online banking, mobile banking, mobile money, online bank

Apple Pay now available at Standard Bank

News | Mobile Payments | 13 Dec 2021

Standard Bank, one of the largest bank groups in Africa, has introduced Apple Pay as an alternative payment method for its clients in South Africa.

online bank, Apple, Apple Pay, mobile payments, contactless payments, digitalisation, digital wallet

Unit and Currencycloud partner for seamless cross-border payments

News | Online & Mobile Banking | 25 Nov 2021

US-based banking as a service platform (BaaS) Unit has announced it joined forces with Currencycloud to offer mutual clients an easy and seamless way to handle domestic and international transfers. 

BaaS, partnership, online bank, money transfer, online payments, virtual card

Ecobank Mobile App available in 33 African countries

News | Online & Mobile Banking | 24 Nov 2021

Pan-African banking conglomerate Ecobank has released a new version of its Ecobank mobile app that allows customers access to online banking 24/7.

online banking, product upgrade, online bank, online banking e-payment, cross-border payments, online payments

NAB buys digital bank 86 400 in AUD 220 mln deal

News | Online & Mobile Banking | 29 Jan 2021

National Australia Bank (NAB) has revealed it will buy out digital bank 86 400 in a bid to grow its UBank offering.

NAB, 86 400, acquisition, Australia, uBank, digital banking, online bank, merger

Cashaa to launch crypto-friendly online bank in India

News | Cryptocurrencies | 09 Oct 2020

UK-based online banking platform Cashaa has announced plans to launch a crypto-friendly online bank in India.

Cashaa, UK, India, cryptocurrency, crypto, online bank, B2B, banking, fintech, lending

Yandex agrees on USD 5.5 billion deal for Russian challenger Tinkoff Bank

News | Online & Mobile Banking | 23 Sep 2020

Russia-based fintech Yandex has agreed on a USD 5.5 bln deal to acquire online bank Tinkoff.

Yandex, Tinkoff, challenger bank, banking, online bank, digital bank, fintech, financial technology, mergers and acquisitions, acquisition, Russian Federation, Russia

Buguroo teams up with Puleng Technologies

News | Digital Identity, Security & Online Fraud | 18 Aug 2020

Buguroo and Puleng Technologies have partnered aiming to reduce the impact of online bank fraud in South Africa. 

buguroo, partnership, Puleng Technologies, SA, banking, online, online fraud, fraud, online bank, banks, South Africa, South African Banking Risk Information Centre, SABRIC, fraud, mobile bank, COVID-19, coronavirus, pandemic, account takeover, ATO, biometrics, bugFraud

Starling Bank launches USD account

News | Online & Mobile Banking | 07 Jul 2020

UK-based Starling Bank has launched a digital banking Toolkit and a US dollar account to help British entrepreneurs get back to business.

Starling Bank, banks, challenger bank, neobank, COVID-19, coronavirus, UK, digital banking, banking, digital, US, Business Toolkit, SMEs, online bank, invoices, payments , software, loans, National Insurance Contributions, transactions

Trustly teams up with Folksam to simplify insurance payments for students

News | Online Payments | 24 Apr 2020

Trustly has partnered with Folksam, a Sweden-based insurance company, to help students pay for their insurance and receive their claims payouts directly to and from their online bank account.

Trustly, payments , Folksam, insurance, Sweden, payouts, online bank, direct debit, network, online payments, merchants, PSD2

Digital bank Revolut adds "Perks" for UK Users

News | Online & Mobile Banking | 11 Mar 2020

Digital Bank Revolut has added “Perks” to all UK customers according to a company release.

Revolut, digital bank, online bank, Perks, online banking, reward system, banking platform, UK, United Kingdom

New subscription-only bank Aion launches in Belgium

News | Online & Mobile Banking | 02 Mar 2020

A new subscription-only bank Aion has launched in Belgium designed to help customers maximise their money.

Aion, digital bank, bank launch, Belgium, subscription banking, digital banking, online bank, challenger, neobank, Europe

Neobank Niyo partners with National Corporation of India for new payroll app

News | Online & Mobile Banking | 28 Feb 2020

Neobank Niyo has partnered with National Payments Corporation of India (NPCI) in order to promote greater financial inclusion.

neobank, NiYO, National Payments Corporation of India, NPCI, financial inclusion, Niyo Bharat, ERP, payroll app, payroll platform, digitalisation, India, Asia, APAC, online bank, neobank

Revolut raises USD 500 mln Series D funding round

News | Online & Mobile Banking | 25 Feb 2020

UK-based digital bank Revolut has announced it has raised USD 500 million in a Series D funding round.

Revolut, digital bank, online bank, funding round, series D funding, United Kingdom, Europe

Monzo introduces free credit scoring tool

News | Online & Mobile Banking | 25 Feb 2020

UK-based challenger Monzo has announced that its consumers will be able to see their credit score for the first time, offering the service free of charge. 

 

Monzo, credit scoring tool, product upgrade, online banking, mobile banking, United Kingdom, challenger bank, online bank, neobank

Online marketplace LendingClub to buy Radius for USD 185 mln

News | Online & Mobile Banking | 19 Feb 2020

LendingClub has agreed to buy Radius Bancorp, which includes its digital subsidiary Radius Bank, for USD 185 million in cash and stock.

LendingClub, Radius, Radius Bancorp, Radius Bank, mergers and acquisition, acquisition, Temporary Charter Bank Protection Agreement, online bank, digital bank, lending, marketplace, online marketplace, US, United States

UK bank Barclays' online banking and website are down

News | Online & Mobile Banking | 13 Feb 2020

UK-based bank Barcalys has confirmed it's experiencing issues with its website and mobile app.

Barclays, mobile banking, outage, bank, online bank, UK, United Kingdom, bank outage

German digital bank N26 pulls out of UK, blaming Brexit

News | Online & Mobile Banking | 12 Feb 2020

The Germany-based digital bank N26 is has blamed Brexit for its decision to pull out of the UK and close more than 200,000 customer accounts.

N26, Brexit, United Kingdom, bank, digital bank, challenger, Tencent, UK, online banking, online bank, challenger bank, digital banking, neobank