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Atom Bank’s Profit Milestone: ‘Lowest Cost Wins’ Approach for Success
Atom bank has suggested that all banks should follow its formula of ‘lowest cost wins’ as the app-based bank announces its first-ever annual operating profit of £4million. Over the past year, Atom has...
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SmartSearch Urges Banks to Adopt Digital Compliance as Over Half Admit to...
More than half of firms in banking, crypto, property development and gaming do not always check who is running the businesses they take on as new clients, digital compliance specialists SmartSearch has...
View ArticleImproving Security and Accessibility at Core of DIB UAE PASS Integration Into...
Dubai Islamic Bank (DIB) has integrated its DIB ‘alt’ services on mobile and internet banking with UAE PASS, the first secure unified national digital identity solution for the UAE. This is an effort...
View ArticleTurkey’s Colendi Receives Approval to Launch First Digital Deposit Bank
Anglo-Turkish fintech firm Colendi has received the green light from Turkey’s Banking Regulation and Supervision Agency (BRSA) to introduce the country’s first digital deposit bank. This approval...
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SEON Predicts Neobank Transaction Value Will Hit $2.6trillion by 2027 as...
The pandemic catalysed the growth of neobanks as digital-first solutions were prioritised by citizens around the globe. Three years on, customers are returning to banks with branches, but this has...
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SmartSearch Reveals Worrying Trend as Challenger Banks Display Lack of...
Challenger banks may be failing to successfully scan new customers against sanctions or politically exposed persons (PEP) lists; according to a new survey commissioned by digital compliance firm,...
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ZayZoon: What It Will Take for Gen Z to Embrace Traditional Banks
Traditional banks are quickly finding out that a lack of urgency in implementing new technologies will result in a loss of Gen Z consumers. With the youngest generation prioritising autonomy,...
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Unlocking the Future of Finance: FIS on the Power of Banking-as-a-Service
Banking-as-a-service (BaaS) stands as a pivotal force reshaping the fintech landscape. Melissa Cullen, a division executive overseeing global strategy, product and commercialisation at global fintech...
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OakNorth Business Banking Offering Launched to Go on the Journey With...
OakNorth, the neobank for entrepreneurs, by entrepreneurs, has launched its business banking offering, aimed at helping mid-sized businesses (revenue of £1million-£100million). According to the...
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Bank Saqu Helps Solopreneurs in Indonesia as It Aims to Be the ‘Nation’s...
Bank Saqu, a digital banking service, has been launched by PT Bank Jasa Jakarta (BJJ), the Indonesian-based bank to service individuals and SMEs: focusing on money management and long-term savings....
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Pave Bank Emerges From Stealth To Bridge the Traditional Finance and Digital...
Pave Bank has emerged from stealth to give businesses access to new technologies, enabling greater banking efficiency and access to the new digital economy. The emergence of regulated digital assets...
View ArticleDock Opens Digital Bank Branch to Democratise Access to Digital Banking in...
Dock, the payments and digital banking enabler in LatAm, is supporting G10, a digital bank born within the favela, with its technology as it aims to invest in entrepreneurial power and encourage online...
View ArticleNew Tool by TotallyMoney Aims to Address Credit Card Application Challenges
TotallyMoney, the personal finance app, has introduced a new feature aimed at improving the credit card application process. Called TotallySure, the feature provides pre-approval to applicants,...
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AFC Comes to Community Banks’ Aid to Stop Harmful Legislation Being Passed
Recently in the US, there has been talk of regulation to limit the power of community banks. However, the American Fintech Council (AFC), the industry association representing responsible fintech...
View ArticleDigital Banks Continue to Capture Users, As Android Banking App Downloads...
While digital banks continue to sit at the forefront of innovation and agility in the banking world, traditional banks continue to dominate regarding the number of customers they serve. However, a...
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Starling Engine Goes Abroad for the First Time in Romania With Salt Bank
Starling Bank, the UK-based neobank, has successfully launched its Engine abroad for the first time as a result of a partnership with Romanian-based bank, Salt Bank. Onboarding 100,000 Romanian...
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