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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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Backbase and FrankieOne Announce Strategic Partnership to Enhance Digital Onboarding – Finovate

Engagement banking innovator Backbase has teamed up with identity verification and fraud prevention company FrankieOne. The strategic partnership will combine the Backbase Engagement...

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 investor cuts value of its stake by 40%

Molten Ventures, a technology investment firm listed in Dublin and London, has announced a significant 40% write-down of its stake in Revolut, to around...

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...

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,...

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...

10 Fintechs That Are Transforming SME Lending

Small and medium enterprises (SMEs) are innovative, agile and drive competition. However, they’re often shuffled to the back of the line when it comes...

Fintech Consolidation Set to Intensify This Year

2022 saw the start of a significant consolidation phase for the fintech sector, a trend which is set to accelerate this year as the...

Top tech startup news for Tuesday, January 17, 2023: GTX, Microsoft, Mill, N26, Polygon, and Three Arrows

Good evening! Below are some of the top tech startup news stories for Tuesday, January 17, 2023. Microsoft to fire 11,000 employees, roughly 5% of its...

NorthOne Teams Up with The Bancorp Bank to Launch Real-Time Payments Via The Clearing House

Challenger bank NorthOne announced a partnership with The Bancorp Bank to launch real-time payments via The Clearing House’s network.NorthOne customers initially will be...

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