New Online Banking on the European Market — `Sends` Releases First Products
- 1 year 8 months ago
- Digital banking
Founded in 2017, the new online banking `Sends` presented its first financial products for individuals and legal entities. `Sends` is a Britain-based online banking with various financial services, starting with Internet acquiring and the opening of multicurrency business accounts. The company offers a fast, flexible and individual approach.
Bankjoy Announces Integration with Fiserv Portico
- 1 year 8 months ago
- Digital banking
Bankjoy, a digital banking provider, today announced its integration with Fiserv Portico, a full-service account processing system. Through this integration, credit unions using Fiserv Portico will have greater flexibility to deploy Bankjoy’s world-class digital banking tools for their members.
Highline Selected as a Banking Tech Awards USA 2023 Finalist
- 1 year 8 months ago
- Digital banking
Highline, the award-winning fintech that unlocks payroll-linked payments, announced it has been named to the shortlist for the Banking Tech Awards USA 2023 in the Excellence in Tech category for “Tech of the Future.” Now in its second year, the Banking Tech Awards USA program produced by Fintech Futures celebrates the
New Report by BPC and Fincog Offers Insights for Digital Banking in Europe
- 1 year 8 months ago
- Digital banking
BPC and strategy consultancy Fincog today announced the launch of a new report highlighting the current state of the digital banking market in Europe, providing insights into key trends shaping the market and business models and strategies that banks are adopting to succeed in a rapidly changing landscape.
ClearBank Nearly Triples YoY Income to £58M in 2022 after Achieving Monthly UK Profitability
- 1 year 8 months ago
- Digital banking
ClearBank Ltd., enabler of bank accounts, real-time clearing, and Embedded Banking for financial institutions, today presents the results from its 2022 Annual Report revealing the bank nearly tripled income to £58m in 2022 (+173% YoY) after reaching monthly UK profitability.
Acorns Acquires UK-based Fintech GoHenry
- 1 year 8 months ago
- Digital banking
U.S.-based savings and investing startup Acorns has acquired London-based GoHenry, a startup focused on providing money management and financial education services to 6-18 year-olds in an all-equity deal, the two companies announced today.
Scottish National Investment Bank Backs New Carbon Emission Monitoring Technology
- 1 year 8 months ago
- Digital banking
The Scottish National Investment Bank has expanded its portfolio, investing £5 million into real-estate data analytics platform, Utopi. The investment will create 50 new jobs at the Glasgow-based company, which specialises in energy consumption monitoring technology and will use The Bank’s support to scale up to target new global markets.
Zenus Bank Makes Strategic Acquisition of Leading Payments Provider
- 1 year 8 months ago
- Digital banking
Zenus Bank, the digital bank that makes U.S. bank accounts available internationally, is proud to announce the acquisition of Financial Urban Exchange LLC (FUEX Payments), a fintech specializing in real-time payments for the Caribbean and Latin American (LAC) markets.
Y-Combinator’s Verto Launches USD Accounts with Funds 100% Safeguarded for African Start-ups, Enterprises, and VCs
- 1 year 9 months ago
- Digital banking
Verto, a London-based FCA-authorised Electronic Money Institution (EMI), launched USD accounts that see customer funds deposited held in protected accounts in accordance with Electronic Money Regulations 2011 (EMRs), which imposes safeguarding requirements to protect customer funds received for the provision of a payment service or e-money.
USDC Developer Circle Calls for Fed Backing after Surviving SVB Collapse
- 1 year 9 months ago
- Digital banking
Financial technology company Circle believes the collapse of Silicon Valley Bank shows the need for its USDC stablecoin to be backed by the U.S. Federal Reserve with its U.S. dollars held at the Fed.
5 Innovations That Deliver the Digital Banking of the Future
- 1 year 9 months ago
- Digital banking
The introduction of digital banking has revolutionized the way customers manage their finances, providing a more convenient, secure, and accessible banking experience compared to traditional banking methods. With digital banking, people can access and manage their bank accounts using smartphones or computers, eliminating the need for physical branch visits and long queues. This has led to continuous innovations in banking industry.
Digital Banking Market Revenue to Cross US$ 13.5 Tn by 2032
- 1 year 9 months ago
- Digital banking
As per a recent industry report put forward by Global Market Insights, Inc. Digital Banking Market is forecast to register its name in the billion-dollar fraternity down the line of seven years, by exceeding a revenue of USD 13.5 trillion by 2032 with a projected CAGR of 3.6% over 2023-2032.
Digital Banking App Downloads Surged 54% in 2022 Exceeding 26 Million
- 1 year 9 months ago
- Digital banking
The banking industry has experienced a shift in recent years, with the emergence of digital banks transforming how individuals interact with and oversee their finances. As more consumers gravitate towards digital banking apps, there has been exponential growth in the popularity of these fintech platforms.
Sumsub Partnerships with TrueNorth to Digitally Transform Global Banking
- 1 year 9 months ago
- Digital banking
Sumsub, a global all-in-one verification platform, has teamed up with TrueNorth, a leading fintech software development company, to help banks in the US and beyond expand to global markets and digitize their services.
PwC Collaborates with FintechOS to Launch New Digital Banking Solution on Microsoft Cloud for Financial Services
- 1 year 9 months ago
- Digital banking
FintechOS, a leader in fintech enablement, is to collaborate with PwC to support its new digital banking solution: Infinite Financial Solutions for Banking. Powered by Microsoft’s Cloud for Financial Services and leveraging FintechOS’s technology platform, the solution enables financial institutions to accelerate digital transformation and elevate customer experience in a cost-effective way.
