Tags Digital banking

Tag: digital banking

Has digital banking caused a rise in mobile deposit scams?

Fraud is on the rise and part of it is due to the growing adoption of mobile banking, according to a new report from Advanced Fraud Solutions (AFS).

Lloyds Bank taps Minna Technologies and Visa for new digital bank...

Lloyds Bank has announced that its customers will soon be empowered to better view, manage and amend their subscriptions through its banking app.

Only 14 out of 21 digital banking applications approved by MAS

The Monetary Authority of Singapore (MAS) has rejected eight out of the 21 digital banking applications submitted by the beginning of the year, but more are heading for the chopping block.

New digital habits will force every fourth European bank branch to...

Challenger banks had already started a revolution in digital banking, but with the coronavirus pushing these changes to become permanent it could mean that one in four European bank branches will be forced to close by 2023.

Digital bank Quontic reveals new partnership with MANTL that it says...

Adaptive challenger bank Quontic has signed a new deal to boost its customers’ experience with banking technology firm MANTL. With the coronavirus plaguing the economy, the news could potentially not be more timely.

Revolut and Monzo clarify they are not going bust after public...

With the public terrified of the COVID-19 (coronavirus) pandemic, it leaves a space for fake news to fester. Rumours surfaced earlier today on Twitter with people questioning whether UK challenger bank Revolut was close to going bust.

Why it makes sense that MoneyGram has become the latest FinTech...

Singaporean FinTech is popping. A slew of international players has noticed and has jumped on the opportunity to cut out a slice of the pie for themselves.

Stori collects $10m in its Series A round

Mexican digital bank Stori has collected $10m in its Series A2 funding round which was co-led by Bertelsmann Investments (BI) and Source Code Capital.

Spain’s MyInvestor scores €20m funding round

Spanish challenger bank MyInvestor has scored €20m in a new funding round on the back of a successful year of growth.

Bank Negara Malaysia looking to welcome digital banks into the market

Bank Negara Malaysia has updated its licensing framework for digital banks and is planning on issuing up to five new licenses to qualified applicants.

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