Tagged: digital banking

February 19, 2026 @ 2:12 am By Omar Faridi  |  

Italy’s banking group, Intesa Sanpaolo, has made significant strides in both technological advancements and efforts to ensure financial stability. The institution announced an enhanced partnership with BI-REX to propel Industry 4.0 advancements, alongside a successful €1.25 billion bond issuance that underscores its robust market position…. Read More

February 18, 2026 @ 8:05 am By Omar Faridi  |  

UK private equity firm Hypha has completed the acquisition of Pass, a fast-growing education technology company headquartered in Harrogate, North Yorkshire. The move was enabled by a £5 million loan from digital bank OakNorth, highlighting the increasing role of specialist financing in fueling sector consolidation… Read More

February 17, 2026 @ 12:44 am By Omar Faridi  |  

The United Kingdom has long grappled with a productivity shortfall compared to its G7 peers, such as France and Germany. A recent analysis from UK’s Starling Bank suggests that small and medium-sized enterprises (SMEs) hold the key to bridging this divide. By embracing advanced financial… Read More

February 14, 2026 @ 4:55 pm By Omar Faridi  |  

Backbase, a Fintech firm focused on enabling artificial intelligence-enhanced banking platforms, has unveiled a collaboration with VASS, a consultancy specializing in digital overhauls. This partnership, revealed recently this month, is designed to expedite the modernization of wealth management and corporate banking services, particularly in regions… Read More

February 7, 2026 @ 2:47 pm By Omar Faridi  |  

Digital bank bunq has indicated that the United Kingdom saw a significant uptick in shared financial transactions last year, reaching a total of £1.16 billion. According to insights from bunq, this figure, equivalent to approximately €1.34 billion, marks a 27.2% growth compared to the £909… Read More

February 7, 2026 @ 2:46 pm By Omar Faridi  |  

Starling Bank is now marketing its proprietary banking software to financial institutions in the United States. This initiative seeks to leverage the persistent reliance of many U.S. banks on aging infrastructure, allowing Starling to generate new revenue streams while addressing modernization needs in the US… Read More

February 6, 2026 @ 11:58 am By Tony Zerucha  |  

This week, LedgerLink announced expanded platform support for AI agent (A2A) banking, enabling regional and community banks to serve AI agents and AI-led organizations building on blockchain networks. Banks are the missing gateway between Web3 and broad commercial adoption. LedgerLink enables banks to provide compliant… Read More

February 6, 2026 @ 11:17 am By Omar Faridi  |  

Fintech services provider Alkami Technology Inc. (Nasdaq: ALKT) has initiated a strategic review that could lead to a sale of the company. Based in Plano, Texas, Alkami provides cloud-based digital banking platforms designed primarily for banks and credit unions, enabling them to offer modern online… Read More

February 1, 2026 @ 10:23 am By Omar Faridi  |  

SoFi Technologies (NASDAQ: SOFI) announced fourth-quarter results for 2025 on January 30, 2026, with profitability surging thanks to steady loan activity and accelerated expansion in its fee-based operations. The San Francisco-based firm, which began as a student loan refinancing platform in 2011 and has since… Read More

January 28, 2026 @ 11:31 pm By Omar Faridi  |  

Wio Bank, a digital banking platform based in the UAE, has entered into a strategic alliance with Pine Labs, an international fintech company specializing in payment solutions. This collaboration aims to overhaul merchant acquiring systems by introducing cloud-based technology that eliminates outdated dependencies. Announced recently… Read More

January 26, 2026 @ 12:43 am By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) has completed the acquisition of WealthOS, a technology platform specializing in pensions and wealth management solutions. This deal underscores the banking provider’s ongoing commitment to enhancing its digital offerings in an increasingly competitive financial landscape. WealthOS, known for its cloud-based tools that… Read More

January 22, 2026 @ 2:17 pm By Omar Faridi  |  

Brazil’s central bank has ordered the extrajudicial liquidation of Will Financeira SA Crédito, Financiamento e Investimento, commonly known as Will Bank, a digital banking fintech previously under the control of the now-defunct Banco Master SA. This move marks a significant escalation in the repercussions stemming… Read More

January 21, 2026 @ 11:40 am By Omar Faridi  |  

Jet Bank has joined forces with fintech solutions provider Backbase to roll out the nation’s inaugural digital-only banking institution. This venture promises to transform how Albanians handle their finances, emphasizing a streamlined, app-driven approach that prioritizes ease, security, and transparency. The partnership has enabled a… Read More

January 16, 2026 @ 7:08 pm By Omar Faridi  |  

Hong Kong-based WeLab has reportedly closed a $220 million Series D funding round, marking the biggest capital raise for a digital banking group in the region this year. This milestone underscores growing investor enthusiasm for financial technologies amid evolving economic landscapes. Founded in 2013, WeLab… Read More

January 13, 2026 @ 8:04 am By Omar Faridi  |  

In a move set to further bolster growth in the United Kingdom’s financial advisory landscape, digital bank OakNorth has recently extended a £4 million revolving credit facility (RCF) to Verso Wealth Management. This funding aims to fuel Verso’s ambitious strategy of acquiring independent financial adviser… Read More

January 13, 2026 @ 3:40 am By Omar Faridi  |  

Banco Santander (NYSE: SAN) has finalized the sale of a 49% stake in its Polish subsidiary, Santander Bank Polska S.A., to Austria’s Erste Group Bank AG. The transaction, announced last year and completed on January 9, 2026, also includes a 50% stake in Santander Towarzystwo… Read More

January 12, 2026 @ 10:37 am By Omar Faridi  |  

Digital banking provider Chime (NASDAQ: CHYM) has unveiled significant updates that underscore its commitment to leveraging technology and talent for better financial services. Chime has reportedly been focused on the integration of artificial intelligence in order to transform member experiences. And, last month, it announced… Read More

January 8, 2026 @ 12:27 am By Omar Faridi  |  

Digital bank Revolut is reportedly engaged in discussions to purchase FUPS, a local digital banking platform in Turkey, as a strategic move to introduce its financial services to the Turkish market. Sources close to the matter (cited by Bloomberg) indicate that the potential deal would… Read More

January 2, 2026 @ 12:21 am By Omar Faridi  |  

In an era where financial tools are becoming increasingly integral to daily life, industry professionals are urging the banking sector to reassess its digital infrastructure to curb economic abuse. A recent study from Northumbria University emphasizes how outdated or poorly designed banking systems can inadvertently… Read More

December 30, 2025 @ 5:26 pm By Omar Faridi  |  

Hong Kong’s digital banking service provider, Mox Bank, has solidified its position as a fintech powerhouse in 2025, now serving 750,000 customers—representing an impressive 12% of the city’s bankable population. As shared by CEO Barbaros Uygun, the year has been defined by robust expansion across… Read More