Generative Data Intelligence

Tag: challenger bank

Trust the funds: How new challenger banks can earn the confidence of customers

Centuries of history and decades on the high street mean that traditional banks, like the UK’s ‘big four’ of Barclays, Lloyds, HSBC, and Natwest,...

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Sila Ships New Tool to Offer Access to ACH Debits in Real Time – Finovate

Sila launched Instant Settlement this week. The new tool offers customers real-time access to ACH debits made on the Sila platform. Instant Settlement...

Revolut Pulls the Plug on Crypto in US, Citing Regulatory Environment

Revolut, a London-based neobank, plans to wrap up its crypto trading offering to users in the United States by October 3, CoinDesk reported today (Friday). Users...

Revolut Expands Super App with Robo Advisor Launch in US

Revolut, a London-based neobank, has expanded its suite of products and services by introducing a robo-advisor to its super app for users in the United States....

Revolut Suffers Another Valuation Hit as Molten Ventures Cuts Stake by 40%

Revolut is enduring another blow to its valuation as tech-focused investment firm Molten Venture has written down its stake in the London-headquartered challenger bank. According to Molten’s...

There Are Only 11 Profitable Challengers Banks In Asia – Here’s The List – Fintech Singapore

Most digital challenger banks around the world are struggling to turn a profit, hampered by high customer acquisition costs, burdensome regulatory compliance requirements and...

There Are Only 11 Profitable Challenger Banks In Asia – Here’s The List – Fintech Singapore

Most digital challenger banks around the world are struggling to turn a profit, hampered by high customer acquisition costs, burdensome regulatory compliance requirements and...

Starling Bank Achieves Sixfold Revenue Jump, CEO to Leave

Starling Bank, a challenger bank in the United Kingdom, has announced its financial results for the fiscal year ending 31 March 2023, reporting revenues of £453 million,...

Tyro Payments Launches Tap to Pay on iPhone – Finovate

Tyro Payments enables in-person, contactless payments for its users. The new functionality is made possible courtesy of an integration between Apple’s Tap to...

The Card Payments Value Chain Analysed (Part II) (Fatemeh Nikayin)

Now that we have outlined the different parts of a card payments value chain,  we can explore how issuing banks can optimise their value chain.  How...

KASIKORNBANK Onboarded Two Million Users to Its App Last Year

KASIKORNBANK (KBank) onboarded two million new users on its K PLUS online banking app in 2022, more than a million of them were new...

Why the ‘service’ of SaaS matters more to banks (Stewart Davies)

There is a very good reason why traditional banking has not taken to SaaS in the same way as other sectors. It is not...

UK Crypto Crackdown: Which British Banks Allow You to Buy Bitcoin?

UK banks are getting tougher on customers using crypto. In the past week, two of the country’s biggest banks—Nationwide and HSBC—cracked down by applying...

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