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Tag: virtual bank

UK and US digital challengers see strong growth in 2020

With digital banking gaining popularity during the Covid-19 pandemic, challenger banks on both sides of the Atlantic have seen surging customer growth...

Standard Chartered Selects AWS’ Cloud Services in 60 Markets

Standard Chartered Bank has signed on Amazon Web Services (AWS) for a five-year agreement to run its banking systems and customer-facing applications on...

Ant’s IPO; SpyCloud Takes On Southern Europe; Icon Earns Strategic Investment

The biggest news in international fintech was the $34.5 billion pricing of Ant Group’s upcoming initial public offering. We covered the news...

LINE Launches “Social Banking” Platform with Thailand’s KASIKORNBANK

Social media platform and messaging app LINE has launched LINE BK which is powered by KASIKORNBANK, for the first “social banking” platform in...

Global Processing Services Secures Strategic Investment From Visa for Global Expansion

Payments issuer processor, Global Processing Services (GPS) has secured an investment from strategic partner, Visa.Backed by UK growth private equity firm, Dunedin, this...

Banque Misr, a Major Egyptian Commercial Bank, to Launch Standalone Digital Banking Platform in 2021

Egypt’s Banque Misr, which is the nation’s second-largest commercial bank, is reportedly planning to launch an all-digital or digital-only bank during the third...

Razer Fintech Turns to Perx to Enhance Its Gamification Strategy

Razer Fintech, the financial arm of Razer Inc., has partnered with Singapore-based lifestyle marketing SaaS (Software as a Service) platform, Perx Technologies, to...

Use Crypto Like You Use Fiat Using Payiza DLT-based Digital Banking Platform

Imagine an emergency where the funds you need to pay are available ‘only in crypto’. Your loved one’s life is at stake but...

Weekly Wrap: Takeaways from Bank Innovation Build

Share Banking and fintech leaders came together for the fully virtual Bank Innovation Build this week. The conference featured speakers from Wells Fargo,...

Online P2P Lender Robo.cash Claims it’s Still Profitable, Despite COVID-19 related Issues, and Is Preparing for IPO in Dec 2020 in Australia

Online peer to peer (P2P) lender Robo.cash is reportedly getting ready to conduct its initial public offering (IPO) in Australia in December of...

Sterling National Bank picks Cashfac for back office tech

Sterling National Bank has selected back-office cash management software from Cashfac, deploying its Virtual Bank Technology (VBT) platform. Cashfac is deploying VBT in the...

The Eight Virtual Banks of Hong Kong

Hong Kong as jurisdiction was slow out of the gate when it came to Fintech innovation. But this initial hesitancy was soon made...

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