Tagged: virtual banking

August 26, 2023 @ 4:11 pm By Omar Faridi  |  

Digital bank N26 announced the integration of popular local payment service iDEAL to its 100% digital banking experience in the Netherlands. Available to the first N26 customers in the Netherlands from today, the new integration will be gradually “rolled out in the market and will… Read More

August 7, 2023 @ 4:26 pm By Omar Faridi  |  

First Federal Savings & Loan of San Rafael has partnered with digital banking provider, Bankjoy in order “to deliver an intuitive and feature-rich online and mobile banking experience for account holders.” Through the partnership, First Federal’s account holders will be “able to easily manage their… Read More

July 26, 2023 @ 7:43 am By Omar Faridi  |  

Digital bank N26 announced the appointment of Carina Kozole as Chief Risk Officer and Managing Director of N26 AG. She will begin in her new role later this year, and will “assume responsibility for risk management at the digital bank.” Carina reportedly brings “with her… Read More

July 23, 2023 @ 4:42 pm By Omar Faridi  |  

Bankjoy, an end-to-end digital banking provider, announced its partnership with Plaid, the open finance provider powering the digital financial ecosystem. Institutions on the Bankjoy platform will now be able “to offer their customers API access to Plaid’s network of more than 8,000 fintech apps and… Read More

July 13, 2023 @ 9:34 pm By Omar Faridi  |  

Emirates NBD, a banking group in the MENA region and Turkey, has launched an enhanced and upgraded version of its WhatsApp banking service, “providing customers with a convenient, secure and reliable digital banking experience like never before.” Emirates NBD WhatsApp banking “allows customers to seamlessly… Read More

July 12, 2023 @ 1:25 pm By Omar Faridi  |  

EBANX, a global fintech specializing in payments for rising markets, and Nubank, one of the world’s largest digital financial services platforms, announced a partnership to offer a new alternative payment method for international purchases, NuPay, a payment method developed by Nubank (NYSE: NU). The partnership… Read More

July 6, 2023 @ 11:17 pm By Omar Faridi  |  

Tandem, which claims to be the UK’s greener digital bank, has secured £20 million in Tier 2 capital from Quilam Capital – a growth investor with expertise in the speciality finance sector. The investment by Quilam further “re-enforces the growth trajectory of Tandem as the… Read More

July 6, 2023 @ 7:49 am By Omar Faridi  |  

Digital bank Revolut recently revealed that it has expanded its financial services in Germany by offering personal loans. As noted in the update from Revolut, existing clients may now apply for loans, which can range anywhere between €1,000 and €50,000 via the platform’s Fintech app… Read More

July 3, 2023 @ 10:37 am By Omar Faridi  |  

Revolut, the global financial super app with more than 30 million customers worldwide, has launched its services in New Zealand, “delivering Kiwis a first of its kind digital money experience.” For the first time ever, New Zealand residents will “get access to Revolut’s seamless, safe… Read More

June 26, 2023 @ 8:08 am By Omar Faridi  |  

Temenos (SIX: TEMN) recently announced that Puerto-Rico headquartered Segura Bank has selected Temenos “to power the launch of a new digital bank in the cloud for mid to high earners in Latin America.” Segura Bank will run Temenos’ banking platform “on Microsoft Azure to develop… Read More

June 18, 2023 @ 12:33 pm By Omar Faridi  |  

WeLab Bank, which claims to be the most innovative bank in Hong Kong, announced the expansion of its wealth management services with the launch of their new Featured Fund Platform. WeLab Bank ventured into wealth management business last year, “pioneering a personalized and intelligent investment… Read More

June 14, 2023 @ 11:23 pm By Omar Faridi  |  

Grasshopper, the client-first digital bank built for the business and innovation economy, today announced a partnership with Numerated, an innovative provider of digital business lending solutions, “to integrate a financial spreading tool for the bank’s credit team to automate the process of aggregating and analyzing… Read More

June 12, 2023 @ 6:51 am By Omar Faridi  |  

Mitek (NASDAQ: MITK), whose mission is to make digital access faster and more secure, has named experienced banking veteran Kerry Cantley Vice President of Digital Banking Strategy. Cantley brings “a distinguished 30-year career in the financial services industry to Mitek.” Most recently, she “was Senior… Read More

June 6, 2023 @ 7:19 am By Omar Faridi  |  

Digital bank Zopa has announced the appointment of Pippa Lambert to its Board, pending regulatory approval. A senior leader “with 25 years of experience at high growth, listed companies, Pippa will Chair Zopa’s Remuneration Committee and oversee the bank’s people agenda including culture, rewards and… Read More

June 2, 2023 @ 9:39 am By Omar Faridi  |  

Revolut, the global financial super app, has reportedly surpassed 30 million retail customers worldwide, and is now “processing over 400 million transactions a month.” While these figures are significant, Revolut has been unable to secure a banking license in the UK (where its headquarters are… Read More

May 25, 2023 @ 10:00 pm By Omar Faridi  |  

D360 Bank, Saudi Arabia’s innovative new digital bank is pleased to announce its partnership with Thunes, a global cross-border payment infrastructure platform. This collaboration will “empower D360 Bank’s customers in Saudi Arabia to make fast and cost-effective B2B business payments and international remittances worldwide.” Additionally,… Read More

May 21, 2023 @ 10:41 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is “a provider of digital transformation solutions for banking and lending.” As part of the… Read More

May 16, 2023 @ 9:40 am By Omar Faridi  |  

The digital bank N26 announced the launch of its new N26 Instant Savings account in Spain, offering eligible customers “with a Spanish IBAN 2.26% AER (2,26% NIR) on deposits with no conditions of permanence, no minimum deposit amounts required, no additional fees, and no need… Read More

May 14, 2023 @ 9:59 pm By Omar Faridi  |  

PayNearby, which claims to be one of India’s leading branchless banking and digital networks, launched PayNearby Mall—a meta commerce platform to enable easy availability of good and services, in an assisted mode at the last mile. This will soon be “integrated with the Open Network… Read More

May 8, 2023 @ 7:19 pm By Omar Faridi  |  

PT Bank Maybank Indonesia, Tbk. (Maybank Indonesia or the Bank) announced its Consolidated Financial Results ended 31 March 2023, “with Profit before Tax (PBT) increased by 33.3% to Rp750 billion from Rp562 billion last year.” This was “derived from improved earning on its assets composition… Read More