Tagged: mobile banking

April 9, 2021 @ 7:46 am By Omar Faridi  |  

UK-based mobile banking platform Atom Bank has revealed that its £40 million raise is being led by Toscafund Asset Management LLP and BBVA. As the bank aims to reach profitability, the £40 million raise includes “an offer to participate for qualifying shareholders in new ‘A’… Read More

March 30, 2021 @ 12:08 pm By Samantha Hurst  |  

    Digital-only bank platform N26 announced on Tuesday it has launched its CASH26 app feature in Greece. According to N26, CASH26 allows users to deposit and withdraw cash from their N26 accounts at partner stores throughout Europe through their mobile devices. “The app will display… Read More

March 30, 2021 @ 8:10 am By Samantha Hurst  |  

  Pan-African fintech MFS Africa announced on Monday it now reaches more than 320 million mobile money wallets and notably enables a range of banks, telcos, money transfer operators, and other financial institutions in Africa through a single integration point.  Founded in 2010, MFS Africa describes itself… Read More

March 4, 2021 @ 10:29 am By Omar Faridi  |  

Monzo, a UK based digital bank that recently raised £50 million as part of a Series G extension,  recently explained that it basically offers a mobile banking platform that “puts you in control of your money.” While clarifying whether Monzo is, by definition or legally… Read More

February 15, 2021 @ 7:12 am By Samantha Hurst  |  

  BBVA USA announced it recently launched BBVA Insights in its online banking and mobile banking app. According to BBVA USA, BBVA Insights is powered by MX, a fintech innovator who helps organizations deliver data-driven money experiences, and offers the MoneyMap with Pulse feature. “By leveraging MX’s… Read More

February 10, 2021 @ 8:23 am By Omar Faridi  |  

The team at Juniper Research, an analyst house focused on digital technology market research and related Fintech trends, technology data, market sizing, and consulting, notes that e-commerce and financial services have become a key part of many consumers’ lives in a post-COVID world. The Juniper… Read More

February 9, 2021 @ 12:24 pm By Samantha Hurst  |  

    XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday its plan to launch a direct deposit program to all of its Today cardholders. According to XTM, the Today program has been adopted and rolled out to thousands… Read More

January 27, 2021 @ 10:00 pm By Omar Faridi  |  

CIMB Bank Berhad and CIMB Islamic Bank Berhad have introduced CIMB CNY Go Digital for SMEs. This new product should help Asian businesses that are still facing challenges due to the COVID-19 pandemic, including those companies that are struggling to offer certain services because of… Read More

January 6, 2021 @ 9:49 am By Samantha Hurst  |  

Green Dot Corp. (NYSE: GDOT), a fintech and registered bank holding company, announced on Wednesday the launch of its new banking product. GO2bank. According to Green Dot, Go2Bank is designed to help the two in three Americans living paycheck to paycheck stretch their money further… Read More

December 15, 2020 @ 2:05 pm By Samantha Hurst  |  

  U.S. digital bank Radius Bank announced on Tuesday the recent launch of its enhanced online business banking platform and mobile app for small business clients. According to Radius Bank, The overhauled user experience was the result of the bank’s continued partnership with fintech startup… Read More

December 14, 2020 @ 3:32 pm By Samantha Hurst  |  

DoorDash (NYSE: DASH) announced on Monday it has teamed up with global fintech Payfare to launch the DasherDirect platform. According to the duo, DasherDirect is a banking solution for DoorDash delivery drivers (aka Dashers) offering a business prepaid Visa card and mobile banking app. The platform also offers… Read More

December 13, 2020 @ 10:10 pm By Samantha Hurst  |  

Aeldra, a U.S.-based fintech, recently announced it has launched its mobile banking app. Launched earlier this year, Aeldra is on a mission to provide access to global financial opportunities to customers all over the world. “Through a single App, customers will be able to seamlessly… Read More

December 9, 2020 @ 9:20 am By Samantha Hurst  |  

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it has completed its 2.0 Fintech Platform after a year of development. According to XTM,  the enhanced platform and mobile app have every feature you would expect in a neo… Read More

November 12, 2020 @ 10:41 am By Samantha Hurst  |  

  U.S. fintech Galileo announced on Thursday it has teamed up with Dave, a mobile banking app, to power digital banking accounts. According to the duo, Dave selected Galileo’s  API platform as the “technical backbone” to deliver its Dave Banking product. Dave Banking offers customers… Read More

October 20, 2020 @ 3:47 pm By Samantha Hurst  |  

  Insha, a Germany-based online banking startup, announced on Tuesday it secured €2.5 million in seed funding from payments provider, Param. Founded in 2018, Insha states it offers an innovative and fully digital account based on the principles and does not engage in interest-based transactions… Read More

October 11, 2020 @ 12:07 pm By Omar Faridi  |  

Over two-thirds or 68% of Indian consumers are currently using digital or mobile banking platforms to settle transactions, according to a new report. The use of online banking services and contactless payments has increased significantly due to the COVID-19 crisis – which had led to… Read More

October 5, 2020 @ 11:31 pm By Omar Faridi  |  

AsiaMoney Magazine has selected Qatar’s Commercial Bank as the nation’s “Best Digital Bank” for 2020. Commercial Bank’s management noted: “Spearheading the digital innovation scene in the country, and more particularly in the financial and banking sector, Commercial Bank never ceases to launch state-of-the-art banking services… Read More

September 29, 2020 @ 2:01 pm By Samantha Hurst  |  

Online lending exchange LendingTree (NASDAQ: TREE) announced on Tuesday the launch of a series of new features for My LendingTree users to help consumers better manage their financial lives. The launch of the latest features comes six months after LendingTree launched a free identity monitoring… Read More

September 9, 2020 @ 6:44 pm By Omar Faridi  |  

Vaduvur Bharghavan, CEO and president of Fintech firm Ondot, a card app platform, has pointed out that the Apple Card was the first to set the expectation for what should be offered by an all-digital payment card. He added that the Apple Card really set… Read More

September 6, 2020 @ 1:51 pm By Omar Faridi  |  

Blockchain-based decentralized identity authentication services (DID) could potentially replace public certificates that are used for financial services, which may include those for mobile banking. This particular use case was recently commercialized for the very first time by South Korea’s Shinhan Bank. As mentioned in a… Read More