Tagged: digital banking

April 15, 2025 @ 11:40 am By Omar Faridi  |  

Brazil’s digital bank Nubank (NYSE: NU), continues to redefine banking with a series of  initiatives unveiled this month. From debt renegotiation campaigns to marketing and new financial products in Brazil and Mexico, Nubank is doubling down on its mission to simplify finance, promote inclusion, and… Read More

April 11, 2025 @ 7:40 am By Omar Faridi  |  

CaixaBank’s Corporate & Investment Banking (CIB) division has reportedly formalized over 2,000 transactions in 2024 through its three business areas: Corporate Banking, International Banking and Institutional Banking. In total, it channeled more than “39.5 billion euros of investment, a 20% increase on the previous year.”… Read More

April 7, 2025 @ 11:00 pm By Omar Faridi  |  

Digital bank Revolut has reportedly achieved significant milestones that underscore its steady growth and strategic vision. Revolut has surpassed one million retail customers in Switzerland, cementing its position as a digital banking solution in the European country. Revolut is also setting its sights on a… Read More

April 7, 2025 @ 10:03 pm By Omar Faridi  |  

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for financial institutions in the U.S., unveiled key updates focused on enhancing its digital sales and services platform. The Alkami Digital Sales & Service Platform will allow financial institutions to onboard, engage, and “grow… Read More

April 1, 2025 @ 11:15 am By Omar Faridi  |  

Braazil’s digital bank Nubank (NYSE: NU) continues to streamline financial services in Latin America with a series of impactful updates. From various investment options to enhanced user features and strategic leadership appointments, Nubank is focused on solidifying its position as an innvoative fintech across Brazil,… Read More

March 28, 2025 @ 12:58 pm By Omar Faridi  |  

In an uncertain economic environment in which overall consumer financial health,1 total deposits, annual household income and total investments are declining, retail bank customer satisfaction is on the rise. This, according to an update from JDPower. According to the J.D. Power 2025 U.S. Retail Banking… Read More

March 20, 2025 @ 8:07 am By Omar Faridi  |  

In a restructuring move, Santander UK, the United Kingdom based division of the Spain’s Banco Santander (NYSE: SAN), announced that it will close 95 of its 444 U.K. branches, representing roughly one-fifth of its physical network. The bank has posted a list of the impacted branches… Read More

March 4, 2025 @ 7:49 pm By Tony Zerucha  |  

Q2 Holdings (NYSE:QTWO), a provider of digital transformation solutions for financial services, has released the 2025 Retail Banking Trends and Priorities report, authored by Jim Marous and published by Digital Banking Report. This report details important retail banking trends and priorities, providing a roadmap for financial institutions as they navigate… Read More

February 22, 2025 @ 6:03 pm By Omar Faridi  |  

N26 announced that new Metal customers will benefit from an ECB-linked interest rate, currently 2.75% per annum, on their Instant Savings. N26 Instant Savings reportedly comes with “no additional costs, no deposit limits, and full flexibility to withdraw funds at any time.” With an N26… Read More

February 22, 2025 @ 12:24 pm By Omar Faridi  |  

While some of the largest banking institutions continue to support office mandates (and frustrate some workers who aren’t to keen about it), global Fintech Revolut appears to be headed in the opposite direction. Revolut, the London-based Fintech, told its 10,000 workers that it was planning… Read More

February 14, 2025 @ 9:27 am By Omar Faridi  |  

Revolut, the global financial app claiming more than 50 million customers worldwide, has announced expansion of its services to Ukrainians along with a new international donation campaign for Ukraine. Starting now, Ukrainian residents will be able to open a European Revolut account and experience “an… Read More

February 2, 2025 @ 5:44 pm By Michael Wong  |  

InfiniVAN Inc., a telecommunications arm of IPS, Inc., has joined forces with Maybank Philippines Inc. in a bid to upgrade the bank’s financial services and enhance its security framework through advanced internet solutions. The collaboration follows the successful completion of the Philippine Domestic Submarine Cable… Read More

January 29, 2025 @ 7:47 am By Omar Faridi  |  

Revolut, a London-based digital banking platform, is venturing into commercial real estate lending, capitalizing on signs of a potential market resurgence, according to a report from Bloomberg. To spearhead this new initiative, Revolut has appointed Duncan Batty, formerly of M&G Investments, where he led the… Read More

January 28, 2025 @ 10:22 pm By Omar Faridi  |  

Shanghai Commercial Bank (SCB) and Planto, a digital banking solution provider headquartered in Hong Kong, have joined forces in order to leverage fintech to enhance banking experiences for SMEs operating in Hong Kong. Through this collab, SCB and Planto have developed a suite of e-banking… Read More

January 27, 2025 @ 9:50 pm By Omar Faridi  |  

Slice Bank, a Bengaluru-based small finance bank, is reportedly set to raise $250-300 million from financial investors and family offices, following its merger with North East Small Finance Bank, which received RBI approval in October of 2024. As it commences banking services rollout to select… Read More

January 27, 2025 @ 8:44 am By Omar Faridi  |  

HSBC has announced plans to shut down its international money app, Zing, just a year after it launched in the UK. Zing, which aimed to simplify international banking for UK residents, offered a multi-currency app and debit card. Users could hold and transact in over… Read More

January 26, 2025 @ 10:09 pm By Tony Zerucha  |  

This week, Alkami Technology (Nasdaq: ALKT), a cloud-based digital banking solutions provider, announced the launch of its Business Banking Digital Maturity Assessment. Built only for financial institutions, this tool was derived from a recent study that was published in partnership with Emerald Research Group and… Read More

January 24, 2025 @ 10:04 am By Omar Faridi  |  

Q2 Holdings Inc. (NYSE: QTWO), a provider of digital transformation solutions for financial services, announced a strategic partnership with Alloy, an identity and fraud prevention platform provider, to deliver a joint ongoing fraud monitoring solution for Q2 Digital Banking customers. Powered by Alloy’s centralized identity… Read More

January 22, 2025 @ 7:21 am By Omar Faridi  |  

Nu Holdings Ltd (NYSE: NU), the parent company of Nubank and Latin America’s most valuable fintech, is weighing the possibility of relocating its legal base to the United Kingdom as it eyes broader global expansion, including a potential entry into the highly competitive US markets…. Read More

January 21, 2025 @ 8:20 am By Omar Faridi  |  

Brazil’s digital banking platform Nubank (NYSE: NU) is reportedly expanding the feature that rewards holders of the digital dollar USDC to all users of Nubank Cripto in Brazil. As noted by Nubank, this latest expansion allows daily returns on a minimum balance of “10 USDC… Read More