Wells Fargo Reaches Major Digital Milestones
- 2 months 3 weeks ago
- Digital banking
Wells Fargo announced significant milestones in its digital transformation, underscoring growing customer adoption of its mobile banking platform and AI‑powered virtual assistant, Fargo®. Fargo has now supported customers through more than 1 billion interactions – achieved in less than three years since its launch. Additionally, the company surpassed 33 million mobile active users last month.
From Pocket Money to Pensions: Monzo Tops 15m Customers Including 1m Under 16s as It Supports Customers Through Every Stage of Their Financial Lives
- 2 months 3 weeks ago
- Digital banking
Monzo has surpassed 15 million customers, as it supports them across a growing range of demographics and needs - from saving pocket money for under 16s to investing, buying a home, insuring belongings and saving for retirement. Less than a year after launching Monzo for Under 16s, the product has attracted more than 1 million customers, equivalent to around one in eight British children aged 6–15.¹
Mambu Celebrates 15 Years of Powering Next Gen Banking
- 2 months 3 weeks ago
- Digital banking
Mambu, the leading SaaS cloud banking platform, celebrates its 15th anniversary, celebrating a decade and a half of helping financial institutions launch and scale modern banking services around the world.
Clear Mountain Bank Launches Alkami's Digital Banking Platform and Expands Partnership With Alkami's Data & Marketing Solution
- 3 months 2 days ago
- Digital banking
Alkami Technology, Inc., a digital sales and service platform provider for financial institutions in the U.S., today announced that Clear Mountain Bank has launched the Alkami Digital Banking Platform (Platform) for its retail and business customers and will further expand its partnership by implementing Alkami's Data & Marketing Solution.
Rise of Digital Banking in Modern Finance
- 3 months 2 weeks ago
- Digital banking
Bitget Wallet, the everyday finance app, has partnered with DT One to enable mobile top-ups directly within the wallet using stablecoins, linking onchain balances to everyday telecom services. Through DT One's infrastructure, Bitget Wallet users can access mobile top-ups in more than 170 countries, spanning over 500 local operators. The integration allows users to pay for airtime and data plans globally using USDT and USDC across Base, Solana,... more
State Bank of Texas Launches New Digital Banking Platform Powered by Alkami
- 4 months 9 hours ago
- Digital banking
Alkami Technology, Inc., a digital sales and service platform provider for financial institutions in the U.S., today announced that State Bank of Texas (SBT) has successfully gone live on Alkami's Digital Banking Platform (Platform), delivering a modern and intuitive experience for both retail and business banking customers.
Nu Mexico’s Total Investments Expected to Reach US$4.2 Billion by 2030 as Banking Launch Approaches
- 4 months 4 days ago
- Digital banking
Nu Mexico, a digital financial services platform, is strengthening its solid, long-term commitment to the country by detailing its strategic investment plan of US$4.2 billion through 2030. This substantial contribution drives robust and continuous growth, with the company adding approximately one million new customers per quarter and approaching 14 million customers.
HSBC Orion Awarded DIGIT Platform Mandate
- 4 months 1 week ago
- Digital banking
HSBC today welcomed HM Treasury’s decision to choose HSBC Orion as the platform provider for the Digital Gilt Instrument (DIGIT) pilot issuance. This places the UK in pole position among the G7 nations to issue the first-ever tokenised sovereign bonds on a blockchain.
Nets Partners with Triple To Enhance Digital Banking Experiences and Reduce Merchant Chargebacks
- 4 months 2 weeks ago
- Digital banking
Nets, part of Nexi Group, the European PayTech, has announced a new strategic partnership with Triple
Affirm Submits Applications to Establish Industrial Loan Company
- 4 months 3 weeks ago
- Digital banking
Affirm Holdings, Inc. today announced that it has submitted applications to the Nevada Financial Institutions Division and the Federal Deposit Insurance Corporation (“FDIC”) to establish Affirm Bank, a proposed Nevada-chartered industrial loan company.
Harvard Federal Credit Union Unifies the End-to-End Member Experience With the Alkami Digital Sales & Service Platform
- 5 months 5 days ago
- Digital banking
Alkami Technology, Inc., a digital sales and service platform provider for financial institutions in the U.S., today announced that Harvard Federal Credit Union (Harvard FCU) has selected MANTL’s Onboarding & Account Opening Solution to modernize its retail and business account opening experience and accelerate member growth across every banking channel.
bunq Launches High-Interest Term Deposits
- 6 months 5 days ago
- Digital banking
bunq, Europe’s second-largest neobank, today announced the launch of Term Deposits, a new savings option with some of the market’s highest returns, as well as easier ways for anyone to track and invest in crypto. With Term Deposits, bunq users can lock in their money for a fixed period and benefit from significantly higher, guaranteed interest rates. Users can now choose from four lock-up periods: 1.76% interest for 3-month deposits
Currensea Strengthens Open Banking Expertise with Ex-Ecospend Hires
- 6 months 1 week ago
- Digital banking
Currensea, the market-leading payments technology platform for co-branded debit cards and the UK’s top-rated travel spending card, today announces the appointments of James Hickman as Commercial Director and George Head as Head of Business Development. The strategic hires both join from Ecospend, a UK market leader in Open Banking technology.
Smart Money App Plum Granted EMI Licence
- 6 months 1 week ago
- Digital banking
Smart money app Plum has been authorised as an EMI (Electronic Money Institution) by the UK regulator, the Financial Conduct Authority. The AEMI license will allow Plum to hold and distribute electronically stored funds as well as offer a full suite of financial services. This includes transferring funds, direct debit card payments, and sending money domestically without the need for a partnership with a third party.
FICO Adds Powerful Credit Optimization Tools to AWS Marketplace
- 6 months 3 weeks ago
- Digital banking
AI isn’t the only analytics tool being used to radically reshape performance. Mathematical optimization, the same tool used to optimize global supply chains for the world’s leading retailers and other firms, is increasingly being adopted by banks to balance multiple competing objectives and identify the best actions for credit management.
