Tagged: digital banking

June 23, 2025 @ 5:00 pm By Tony Zerucha  |  

A comprehensive new study by DECTA reveals that the vast majority of digital banking users are reluctantly maintaining multiple financial apps due to feature gaps in their primary platform, with 91% stating they would consolidate to a single app if it met all their needs…. Read More

June 20, 2025 @ 4:31 pm By Omar Faridi  |  

LendingClub (NYSE: LC) has announced the launch of LevelUp Checking, the latest in its growing set of digital-first financial solutions. LendingClub is a chartered digital banks that started its existence as an online lender. Credit continues to make up an important part of its operations. LevelUp… Read More

June 16, 2025 @ 2:49 pm By Omar Faridi  |  

Nubank (NYSE: NU) continues to redefine digital banking in Latin America, marking its 12th anniversary with innovations and solidifying its position as Brazil’s most favored financial institution. With over 118 million customers across Brazil, Mexico, and Colombia, Nubank’s recent updates—Automated Pix with Smart Bill Search,… Read More

June 10, 2025 @ 9:46 pm By Omar Faridi  |  

Backbase, the global enabler of AI-powered banking technology, announces that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia’s first Islamic digital-only bank centered on faith and lifestyle alignment. This milestone represents a transformative “leap in Bank Muamalat’s journey to redefine Islamic banking,… Read More

June 10, 2025 @ 7:35 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded finance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities. The capability will streamline “inbound money movement and enhance funding agility across the Real-Time… Read More

June 8, 2025 @ 10:47 pm By Omar Faridi  |  

UK’s digital bank Monzo, known for its vibrant coral cards and user-friendly app, has cemented its position as a major fintech with a solid financial performance for the fiscal year ending March 31, 2025. The bank reported a 48% revenue increase, reaching £1.2 billion ($1.35… Read More

June 8, 2025 @ 10:12 pm By Omar Faridi  |  

UK’s Starling Bank has reported steady financial performance, strategic leadership enhancements, and plans for international expansion, while continuing to support female entrepreneurship and urging customers to optimize their savings. These developments underscore Starling’s commitment to innovation, diversity, and customer-centric growth. In its latest financial update,… Read More

June 3, 2025 @ 8:23 am By Omar Faridi  |  

Bluevine, which claims to be one of the largest digital banking platforms for small businesses in the U.S., announced the launch of Invoicing and Payment Links. These features allow Bluevine customers “to create and share professional invoices and payment links within minutes.” Small businesses can… Read More

June 2, 2025 @ 3:39 am By Omar Faridi  |  

CaixaBank research highlights that the growth of services sustains the dynamism of the economy in 2025. CaixaBank’s research service indicates that the “number of sectors in the expansion phase is increasing in the first months of the year, supported by the moderation of inflation, the… Read More

June 2, 2025 @ 2:35 am By Omar Faridi  |  

New research from digital-bank, Ubank, has revealed that rising rents have reshaped the housing landscape, narrowing the gap between renting and owning to create “a window of opportunity for young Australians to step onto the property ladder in 2025.” The research conducted by Cotality found… Read More

May 26, 2025 @ 10:44 am By Omar Faridi  |  

Digital bank Nubank (NYSE: NU) has recently undergone significant changes in its executive leadership team while reporting mixed financial results for the first quarter of 2025. The Sao Paulo-based fintech firm, known for revolutionizing banking in Brazil and expanding into Mexico and Colombia, announced the… Read More

May 24, 2025 @ 1:46 pm By Omar Faridi  |  

areeba, a global enabler of payment infrastructure, has partnered with Foo, a provider of digital banking and fintech solutions, to introduce a fully integrated – program for digital services. This bundled offering enables banks and fintechs to “build their own secure and scalable card programs… Read More

May 9, 2025 @ 1:09 pm By Omar Faridi  |  

Nubank (NYSE: NU) announces the launch of tap-to-pay Pix, a new feature that integrates NFC technology into the app to simplify in-person payments. The solution reportedly offers customers an “agile way to use Pix, eliminating the need to scan QR codes.” To use it, clients… Read More

May 8, 2025 @ 7:28 am By Omar Faridi  |  

N26 announced its entry into the European telecommunications market with the launch of N26 SIM. The launch is the latest move by the digital banking provider as it continues to reimagine traditional business models “through digital innovation.” N26 SIM was specifically designed for customers “who… Read More

May 8, 2025 @ 7:06 am By Omar Faridi  |  

Digital bank Revolut has recently announced key partnerships that underscore its commitment to enhancing user experience, security, and innovation in the financial services sector. By teaming up with Fourthline for identity verification and Lightspark for Bitcoin transactions, Revolut is positioning itself as a Fintech focused… Read More

May 7, 2025 @ 11:19 pm By Omar Faridi  |  

Galileo Financial Technologies, SoFi Technologies, Inc.’s Technology Platform (NASDAQ: SOFI), announced a partnership with Mercantil Banco, S.A. to enable a new phase of digital banking. By leveraging Galileo’s Cyberbank Digital platform, Mercantil Banco will accelerate “product innovation, elevate customer experiences, and introduce a suite of… Read More

April 27, 2025 @ 5:40 pm By Michael Wong  |  

Ant Bank (Hong Kong), the digital banking arm of Ant International, has received a $100 million capital infusion from its parent company as it seeks to scale up its services and broaden its role in Hong Kong’s digital financial ecosystem. The funding, according to an… Read More

April 27, 2025 @ 5:35 pm By Omar Faridi  |  

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for financial institutions in the U.S., announced that Illinois-based NuMark Credit Union has chosen Alkami’s Digital Banking Platform to enhance its online and mobile banking experience for retail and business members. This partnership underscores… Read More

April 27, 2025 @ 7:27 am By Omar Faridi  |  

Apiture, a provider of digital banking solutions, today announced that Ouray, Colo.-based Citizens State Bank (CSB), a locally owned community bank, has selected the Apiture Digital Banking Platform “to power digital banking for its consumer and business customers.” Founded in 1913, CSB remains dedicated to… Read More

April 22, 2025 @ 1:45 pm By Omar Faridi  |  

motusbank, the digital-only bank launched by Meridian Credit Union in Q2 2019, will shut down by early 2026. Meridian, which is reportedly Ontario’s largest credit union, and Coast Capital Savings jointly announced that they will absorb motusbank’s accounts and assets, pending regulatory approval. This closure… Read More