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Digital Banking trends and Industry Intelligence for Bankers, Fintechs, and Solutions Providers
Cash flow is the backbone of Small Businesses Most small businesses struggle to manage cash flow, the backbone of their success. Like many other businesses, small business owners need to pay their sup...
In November 2021 Amazon announced that they will no longer accept Visa Credit cards in the UK – they had already done this in Singapore and Australia. To the layperson, this might sound like Amazon ar...
The scenario: On Facebook, a fake Airbnb website offers accommodation that includes a faster payment deposit of £1,000. It was a scam and the money gone. Airbnb noted it was fake website and says ...
UK NeoBanking Platform Starling reported its 1st annual profit 💰 $38M PBT (profit before tax) $225M revenue (93% YoY growth) $3.96 bn loan book (45% YoY growth) 600K new customer accounts added The...
Application Programming Interfaces are an integral part of the emerging digital space. Without them, benefiting from many of today’s habitual financial services would be at least difficult if not impo...
An unpleasant thing recently happened to me. My Facebook account was stolen a few days ago despite 2FA. And now Facebook blocked it and needs 30(!) days to explore the situation and maybe unlock my pr...
20 years ago, one bank was enough for our parents to manage money transactions, from savings to insurance. The situation changed dramatically when there emerged more financial companies and competitio...
While COVID has thrown traditional banking operations in disarray but it has also established new fintechs in the financial services business. With the Central bank’s push toward digitalisation, we...
There’s a growing need for banking services that go beyond mere transactions. People want to interact with brands that enhance their lives and make them feel connected — not just push products on them...
High street banks were in the headlines once again this week, this time with consumer group Which? reacting to the recent spate of branch closures. With high-street banks now closing at a rate of 54 ...
Starbucks is a bank. Today, that “bank” has 24m+ members and $1.6B in “deposits". Here is the backstory of worlds largest Neo Bank - Starbucks : In 1994 they have 425 total stores in their ...
Back in 2020, Ukrainian legislation allowed banks to establish business relationships with new customers and open accounts for them completely remotely. Moreover, banks were even offered several optio...