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Tag: digital bank

Report Wags Finger at Insider Share Sales at Digital Bank Monzo

Monzo is one of the top digital banks in the UK that is seeking to challenge old brick and mortar banks in Europe...

Neobank N26 Executive Predicts there will be As Many Digital Bank Accounts as Traditional Ones, but Global Fintech Reports Suggest Otherwise

Digital banks are on track to serve as many clients in Ireland as traditional banking service providers, according to N26, an all-digital...

Another Digital Bank to Launch in the Philippines, as Government Aims to Offer Virtual Banking Services to Filipinos Working Abroad

An increasing number of transactions are being conducted online by the residents of the Philippines due to COVID-19. The nation’s government has confirmed that...

Manila launching digital OF Bank

The Philippine government is launching a digital bank to serve the country’s migrant workers. Called Overseas Filipino Bank, or OF Bank, the new...

Digitally Advanced Southeast Asian Banks Expected to Accelerate Digital Transformation Strategies Due to COVID-19: Report

Southeast Asian banks will most likely accelerate their digital transformation initiatives, due to the COVID-19 outbreak and changing consumer behavior resulting from safe...

Marketplace Lending News Roundup – May 23rd, 2020

During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most...

Digital Banking: The EastWest Bank in the Philippines to Launch Online-Only Komo Banking Solution

East-West Banking Corporation (EastWest) (PSE: EW), the eleventh largest bank in the Philippines with over $6 billion in assets, has introduced its own fully-digital bank, Komo. The company claims that it’s the first universal banking group in the country to establish its own all-digital bank,... Read More

The post Digital Banking: The EastWest Bank in the Philippines to Launch Online-Only Komo Banking Solution appeared first on Crowdfund Insider.

Remote work start-up Deel scores $14m series A led by Andreessen Horowitz

Deel, a payroll platform for remote workers, has secured a $14 million series A round led by Andreessen Horowitz, sources told CNBC. As...

ECB reflections around central bank digital currencies

By Giovanni Campi and Sofia Karagianni The digitalization of finance is accelerating during the COVID-19 outbreak. Even before the pandemic, FinTechs and BigTechs had...

PNB, Nymbus launch digital bank Facile 

Share Miami-based Pacific National Bank is using a stand-alone digital brand called Facile to reach younger customers and position itself for long-term success. ...

Open API failure in Europe a warning for Asia

Open banking relies on open APIs, software that integrates the systems among banks and third parties so that customer data can be shared....

COVID-19 not slowing us down: Mox’s Güven

This would appear to be a tough year to launch a new bank, with economies locked down to combat the COVID-19 pandemic, U.S....

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