PYMNTS

JUNE 19, 2019

The Financial Times said on Tuesday (June 18) that RBS picked Marieke Flament, Circle ‘s CMO and European managing director, to serve as CEO of the digital bank, Mettle. lender to launch a separate digital bank, reports noted, with plans to debut the Mettle app in August. RBS is the first top U.K.

Digital Banking 122

Digital Banking Operations Lending Report 122

PYMNTS

NOVEMBER 24, 2020

The pandemic is reshaping banking. Digitization also allows CUs to compete more effectively with traditional, larger FIs that have relatively stronger capital positions to invest in new products and services. Competitive Advantages .

Digital Banking 267

Digital Banking Analytics Mobile Cards 267

PYMNTS

JANUARY 13, 2021

The user can take all those payments they can make from the Paytm app and build a hub [to] manage their life issues.”. Brazil’s Nubank has also been boosted by pandemic demand for digital banking, Co-Founder Cristina Junqueira told the Reuters conference.

Digital Banking 156

Digital Banking Conference Lending Payments 156

PYMNTS

NOVEMBER 19, 2019

The Monetary Authority of Singapore is offering as many as five digital banking permits to non-banks to boost competition. China is offering up to two licenses for a full digital bank, which can serve all customers and require S$1.5 billion) in capital and local control. billion ($1.1

Digital Banking 101

Digital Banking Capital Taxes Groups 101

PYMNTS

AUGUST 22, 2019

Banks are not just competing for customer engagement and retention — they are also vying for funding and resources as they overhaul their infrastructure and banking tools. The latest Digital Banking Tracker examines how legacy institutions stay competitive with challenger banks. Competition Can Lead to Innovation.

Digital Banking 166

Digital Banking Mobile Study Data 166

PYMNTS

FEBRUARY 21, 2020

The LendingClub announcement follows the news that mobile bank Varo received approval from U.S. regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

APRIL 12, 2019

Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. In total, more than $68 million in venture capital was announced — but that’s not counting the $130 million round for one U.K. Back Office.

Capital 139

Capital Cards Payments Fintech 139

PYMNTS

MAY 29, 2018

Citigroup said on Tuesday (May 29) that it won’t use high deposit rates to lure new customers to its digital bank – instead, it will go after its credit card customers. Citigroup’s efforts to grow its digital banking offering come at a time when activist investor ValueAct Capital recently revealed that it has a roughly $1.2

Digital Banking 108

Digital Banking Cards Marketing Conference 108

PYMNTS

DECEMBER 1, 2019

Eventually, the startup wants to allow teens to get paid for particular chores or jobs and let more than one parent manage a child’s account. million) from Global Founders Capital. This is not the first banking account designed for teenagers. Pixpay costs €2.99 Foreign currency transactions cost 2 percent in foreign exchange.

Digital Banking 151

Digital Banking ATM Cards Capital 151

PYMNTS

NOVEMBER 23, 2018

In banking and payments architecture, especially in the digital realm, a corollary might be “form and function co-exist, and should be flexible enough to change rather quickly.”. Kennedy stated that 86 400 will exist, effectively, as a white-label offering to Cuscal clients, allowing for the emergence of Open Banking.

Digital Banking 134

Digital Banking Mobile Data Marketing 134

PYMNTS

MAY 28, 2019

According to a report on Tuesday (May 28), a France-based “digital banking startup aimed at teenagers” called Pixpay has raised nearly $3.5. million in fresh capital. The banking service for teens reportedly will launch later this year in time for the new school term in France, and the service will cost users about $33 monthly.

Digital Banking 139

Digital Banking Google Mobile Groups 139

CB Insights

AUGUST 17, 2021

Chime , a digital banking platform, has raised $750M in a Series G. The round drew participation from Sequoia Capital, Tiger Global Management, General Atlantic, SoftBank Group, and Dragoneer Investment Group. HOW’S THE COMPANY PERFORMING? The company is adding hundreds of thousands of accounts per month.

Capital 78

Capital Operations California Regional 78

PYMNTS

JULY 6, 2017

French startup Qonto has officially launched its corporate digital banking solution. The company said this week that businesses can now open a bank account on its website, with customers able to access digital and mobile banking services for a monthly fee. million in venture capital this year.

Digital Banking 100

Digital Banking Capital Cards Mobile 100

Perficient

MAY 26, 2021

RevTech Labs alumni have raised over $2 billion in venture capital and have had more than $230 million in company exits. Jamie Warder, EVP & Head of Digital Banking, KeyBank. Bridgit Chayt, SVP Director Commercial Payments & Treasury Management, Fifth Third Bank. Hans Zandhuis, Head of Ally Lending, Ally.

Fintech 462

Fintech North Carolina Charlotte Conference 462

PYMNTS

JANUARY 13, 2021

The Office of the Comptroller of the Currency (OCC) granted digital asset platform Anchorage Trust Company a digital banking license, according to a press release Wednesday (Jan. With the national trust bank charter, South Dakota-based Anchorage will become Anchorage Digital Bank , National Association.

South Dakota 131

South Dakota Digital Banking Bitcoin cryptocurrency 131

PYMNTS

DECEMBER 30, 2020

To really capitalize on that emerging opportunity, they have two jobs, Clark said. First, they need to keep the momentum moving forward in the places where they’ve gained a lot of ground in terms of digital experience provision in 2020. “The world's going to open up, and how that happens will be an interesting thing.”.

Digital Banking 206

Digital Banking Tools Fraud Examples 206

Gonzobanker

AUGUST 14, 2019

When most financial executives read the headline “Capital One Data Breach,” they had two thoughts: How is this going to impact the financial sector? In this case, information about Capital One ’s customers. Aren’t both AWS and Capital One both responsible? What does the Capital One breach mean?

Capital 94

Capital Data Security Guidelines 94

PYMNTS

JULY 28, 2019

The 4-year-old bank uses real-time payments data and a risk-management system that analyzes more than 3,000 variables to allow borrowers to apply for a loan on a smartphone and receive cash almost instantly if approved. It used to be a segment that banks thought was too difficult and too risky.

Digital Banking 198

Digital Banking Lending Risk Management Mobile 198

PYMNTS

NOVEMBER 9, 2020

Plus, Lloyds Bank partners with a FinTech to streamline supply chain finance, Expensemanager collaborates to automate expense management and Xendoo pairs up on accounts receivable optimization. Lloyds Bank, Demica Team up for SCF Digital Onboarding. Expensemanager Teams With Sage Intacct to Automate Expense Management.

Payments 190

Payments Software Digital Banking Fintech 190

PYMNTS

SEPTEMBER 11, 2019

Anglo-Gulf Trade Bank (AGTB) was awarded the first digital banking license and Category 1 status from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), Islamic Business & Finance reported on Wednesday (Sept.

Digital Banking 109

Digital Banking Marketing Innovation Regional 109

PYMNTS

MARCH 11, 2020

The FinTechs take in capital, the capital makes loans, which, though well above benchmark rates, is below credit card rates. In at least a bit of acknowledgment that capital does not come cheap, Lending Club took the step earlier this year of buying Radius Bank, an online bank that offers checking and savings accounts.

Digital Banking 130

Digital Banking Lending Capital Fintech 130

Accenture

APRIL 21, 2017

A recent Accenture roundtable discussion concluded that European banks have the opportunity to develop innovative transaction banking offerings using virtual accounts, such as virtual cash management, to address changing market needs and create new business models.

Management 200

Management Innovation Taxes Marketing 200

PYMNTS

MARCH 31, 2020

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Goodwater Capital also invested in Kyash’s Series B Round. growth equity investment firm Greyhound Capital; U.S.

Fintech 201

Fintech Capital Groups ATM 201

PYMNTS

JANUARY 8, 2021

Backers zeroed-in on a range of industries, including SMB banking and lending. And thanks to several nine-figure investment deals, BaaS, expense management, payroll and B2B eCommerce are now in the spotlight. In a statement, the company's Group President Suhail Sameer said the debt capital will be key to its lending operations.

Fintech 203

Fintech Capital Lending Operations 203

PYMNTS

DECEMBER 17, 2020

Kakao Bank Corp. , a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. The bank's most current valuation is estimated to be around 10 trillion won ($9.1 Kakao Pay , the FinTech arm of Kakao Corp.

Samsung 243

Samsung Digital Banking Security Fintech 243

Bobsguide

MAY 25, 2022

London — May 16, 2022 — Mindtree , a global technology services and digital transformation company, and Finastra , a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service.

Management 113

Management Payments Innovation Technology 113

Bank Innovation

DECEMBER 4, 2019

Koho, a Toronto-based digital banking startup, is on track to expand its product suite to include credit and savings products in 2020, CEO Daniel Eberhard told Bank Innovation on Wednesday. In late November, the […].

Tools 332

Tools Digital Banking Innovation Cards 332

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

PYMNTS

JANUARY 14, 2021

The round was led by Hanwha Asset Management , South Korea’s leading asset management company. Other investors in the round include K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures , the release stated. Grab Financial Group had a productive 2020 in which it managed to increase total revenue by 40 percent.

Groups 204

Groups Regional Fintech Management 204

PYMNTS

JANUARY 19, 2021

National Australia Bank Chooses Eedenbull. National Australia Bank (NAB) has chosen Eedenbull to integrate its payment and spend management technology for SMB customers. NAB will add Eedenbull’s Q Business platform to its offering to help SMBs track and manage spend, as well as to automate compliance controls.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

AUGUST 21, 2020

JPMorgan Chase plans to launch a digital bank in the United Kingdom early next year, Sky News reported Friday (Aug. The move “will enable it to capitalize on the accelerating transition of millions of bank customers from branch-based activity to digital services during the COVID-19 pandemic,” the news outlet said.

Report 173

Report Digital Banking Lending Technology 173

PYMNTS

SEPTEMBER 2, 2020

Brazilian digital bank Neon is gearing up for another big wave of expansion after landing hundreds of millions of dollars in venture capital funding. The expansion comes as Neon rides a wave of growth amid the coronavirus crisis, which has spurred interest in digital banking around the world.

Digital Banking 143

Digital Banking Leadership Capital Taxes 143

PYMNTS

NOVEMBER 17, 2020

Highlighting the need to accelerate access to capital for SMBs, HSBC said it is integrating Biz2X within its existing HSBC Fusion offering to speed up credit application approval. Nucleus Software Debuts Supply Chain Tech For Banks. An upgrade of its existing transaction banking offering, FinnAxia 7.5,

Fintech 247

Fintech Alabama Lending Software 247

PYMNTS

JUNE 24, 2020

million) to become a challenger bank. The news of the funding it had struggled for came days before its conditional banking license was set to expire. Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based Capital One was one of the earlier disrupters,” Janardana said. based fund, and its U.K.

Security 215

Security Capital Cards Report 215

PYMNTS

JULY 12, 2019

Though not the busiest week in B2B venture capital funding, investors presented a clear preference for corporate expense management and B2B eCommerce, with additional funding going toward logistics and small business banking firms for a total of $203.5 startup that offers corporate spend management solutions in the U.K.,

Tools 160

Tools Capital Management Technology 160

Gonzobanker

SEPTEMBER 21, 2023

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Jack Henry expanded its partnership with SMA Technologies.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

JANUARY 24, 2021

He said the Cardtronics platform could help connect customers in retail or bank businesses and capitalize on the trend of banks outsourcing. Michael Hayford , president and CEO of NCR, said in a statement that Cardtronics would line up nicely with its own platform, especially its 'NCR-as-a-service' strategy.

ATM 293

ATM Retail Operations Software 293