WeLab and Astra Complete the Acquisition of Bank Jasa Jakarta
- 2 years 3 months ago
- Digital banking
WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia's largest public companies. The completion is marked by the issuance of acquisition approval by the Financial Services Authority (OJK).
Singapore-based Digital Bank Trust Reaches 100,000 Customers
- 2 years 3 months ago
- Digital banking
Trust announced today that its community of customers has reached 100,000 following its launch on 1 September 2022. Sign-ups were received from a diverse range of users in Singapore aged 18 to over 90.
UK Leaves Europe Trailing in its Embrace of Digital Banking
- 2 years 3 months ago
- Digital banking
UK consumers are significantly ahead of their European counterparts in their embrace of digital forms of banking, new data shows. The research, commissioned by Europe’s leading provider of consumer and business credit information – CRIF – surveyed thousands of people in countries across the continent including France, the Czech Republic, Italy, Germany, Slovakia, and the UK, to better understand their attitudes towards financial services.
Zvilo Accepted as Part of Tech Nation’s Fintech 5.0 Growth Program
- 2 years 3 months ago
- Digital banking
Zvilo, the credit-led challenger bank for the Balkans and emerging markets, has been accepted to the Fintech 5.0 growth program facilitated by Tech Nation. Tech Nation is the UK’s leading network for ambitious tech entrepreneurs, and the program itself is delivered as part of HM Treasury's Fintech Sector Strategy to maintain the UK’s place as a world leader in the sector.
Axis Bank and PayNearby Partner to Launch Savings and Current Bank Accounts for Last Mile SMEs and Customers at a Nearby Store
- 2 years 3 months ago
- Digital banking
Axis Bank, India’s third largest private sector bank has partnered with PayNearby, India’s largest branchless banking and digital service network, to offer the seamless opening of savings and current bank accounts for both last mile retailers and customers. Enabled by Aadhaar-led authentication (eKYC), the opening of these bank accounts at a nearby local store will ensure easy access, greater convenience and a hassle-free process for customers.
bankkit - the New App for Global Citizens to Seamlessly Manage Their Current Account, Forex, Overseas and UK Bill Payments, Insurance, Cyber Security
- 2 years 3 months ago
- Digital banking
The bankkit app has been purpose-built with global citizens in mind. bankkit is a new app that lets users manage and control their personal finances with innovative functions, including a UK current account, in one convenient place.
Independent Research Firm Recognizes Temenos as a Leader in Digital Banking Processing Platforms for Corporate Banking Report
- 2 years 3 months ago
- Digital banking
Temenos today announced that it has been recognized as a leader in The Forrester Wave™: Digital Banking Processing Platforms for Corporate Banking, Q3 2022. Temenos believes that its position as a leader reflects the advances in Temenos open platform for composable banking and the broad set of banking services that cover all areas of corporate banking.
Rocky Mountain Credit Union Successfully Launches Mahalo’s Digital Banking Platform
- 2 years 3 months ago
- Digital banking
Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has completed its digital banking implementation with Helena, Mont.-based Rocky Mountain Credit Union (RMCU) to provide an improved and seamless digital banking experience for the credit union’s members.
Dragonfly Financial Technologies Launches as a Market Leader in Digital Business Banking Solutions
- 2 years 3 months ago
- Digital banking
Dragonfly Financial Technologies Corp., a digital banking and treasury management fintech, today announced its official launch as an independent company following the completion of One Equity Partners’ acquisition of ACI Worldwide’s Corporate Online Banking unit.
imagin Reaches 4 Million Users, an Increase of 36% Year on Year, and Consolidates its Leadership Position Among Neobanks
- 2 years 3 months ago
- Digital banking
imagin, CaixaBank's digital services and lifestyle platform, has reached 4 million users in its second year of activity, equivalent to a growth of 36% if compared to June 2021. The platform is a leader among the main neobanks and fintechs, with a market share of 12.9% in Spain, according to data from Smartme Analytics. Additionally, imagin is among the apps with the most active users in the last 12 months, having achieved an annual increase of... more
4G Capital and Mambu Empower Entrepreneurs in Africa
- 2 years 4 months ago
- Digital banking
4G Capital, an award-winning neobank powering micro and small business growth in Africa, announced their go-live on
01/08 – Weekly Fintech Recap
- 2 years 4 months ago
- Artificial Intelligence, Blockchain, Digital banking, Payments, Banking, FinTech StartUps, IT Innovations, M&A Deals, People Moves
Partnerships Microsoft and Nexi Drive Payments Digitisation in Europe
Virgin Money Launches Marketplace – a New Online Service for Small Businesses
- 2 years 4 months ago
- Digital banking
Virgin Money has launched a new online service called Marketplace where small business banking customers can access a number of different useful services offered by best-in-class digital providers.
Virgin Money Partners with BrightHR
- 2 years 4 months ago
- Digital banking
Virgin Money is partnering with BrightHR, the award-winning multi-service HR platform, to provide its small business customers with support in managing all their HR and health & safety needs. The bank's offering to business current account customers is being transformed with its improved digital proposition, which will offer services - such as BrightHR - to help customers run their businesses successfully.
Varo Cuts 75 Jobs As Digital Bank Restructures
- 2 years 4 months ago
- Digital banking
Varo Bank has become the latest fintech player to make job cuts, axing 75 positions as it looks to cut costs in the face of worsening economic conditions.
