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Tag: neobanks

Transforming Banking: Exploring the Landscape of Banking as a Service in 2023

Over the past decade, the fintech industry has experienced a significant surge, primarily driven by the absence of dependable customer service, outdated interfaces, and...

ML in Finance: Is it the Silver Bullet for Preventing Fraud?

The projected increase in fraudulent transactions is estimated to be $6.5 billion between 2021 and 2027, and its impact on the finance industry is...

Neobank Nubank Reports Record Revenue in Q1, Resulting in 10% Increase in Shares

Neobank Nubank, based in Brazil, has reported record revenue in the first quarter of 2021, resulting in a 10% increase in shares. The company's...

FinTechs’ latest profitability challenge is finding business models beyond interchange

FinTechs are facing an existential crisis now that the age of easy access to capital is over. Investors — running the gamut from private...

BCG and QED Investors Global Report: Reimagining the Future of Finance 2023

May 9, 2023   Enterprise, Entrepreneurs, Start-ups, Small Businesses, FinTech and Alternative Finance, Fintech International, Fintech Services, Fundraising, Investing, Trading, Innovation and Resources,...

Time for banks to provide better clarity to their customers whilst abroad (Richard Kalas)

In the second part of this blog, I examine how banks can improve their offerings for customers travelling abroad. Whilst traditional banks may think that...

Top 10 Fintech News Stories for the Week Ending May 6, 2023

Banking news dominated the week again with First Republic, as expected, being seized by the FDIC and then sold to JPMorgan. This caused investor...

Neobank ‘Blockbank’ Lists $SHIB, Showers Shiba Inu Ecosystem with Praise

A recent Blockbank announcement brings attention to the Shiba Inu ecosystem. Blockbank, a Lithuania-based neobank, recently announced the addition of Shiba Inu (SHIB) token...

Neobanks’ 4-Click Instant Funding with Embedded Lending (Rob Straathof)

There’s a portmanteau that perfectly describes the challenger banks that emerged from the ashes of the 2008 financial crisis: the fusion of neo and...

BaaS vs Embedded Payments – what’s the difference? (Andrew Griffin)

BaaS (Banking-as-a-Service) is a well understood acronym in the fintech world, enabling new bank competitors to come to market by using off-the-shelf services to...

How the collapse of Silicon Valley Bank could shape fintech (Ola M)

The collapse of Silicon Valley Bank (SVB) and Credit Suisse in March sent shockwaves through the fintech industry. Many neobanks are vulnerable to similar...

The Latest Technologies for Banks to Detect and Prevent Credit Card Fraud (Yuri Kropelnytsky)

Digital Payment Adoption Heightens Fraud Risks The COVID-19 pandemic has sped up the shift towards electronic payments, which is unlikely to reverse anytime soon, if...

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