Latest Atom Bank News: Finextra Research

Mondo gains banking licence

App-only bank Mondo is the latest UK challenger bank to gain a banking licence from the Financial Conduct Authority and Prudential Regulatory Authority.

11 August 2016

/retail

Atom chief lays out product roadmap

Mark Mullen CEO of recently launched Atom has laid out the roadmap for the mobile-only bank's product strategy, beginning with the introduction of residential mortgages in the summer and credit cards by the end of the year.

22 April 2016

/retail

Atom opens with a promise to change UK banking landscape

Atom Bank, the mobile-only startup that uses face and voice biometrics plus machine learning technology to service consumers, has gone live in the UK following the lifting of regulatory restrictions.

06 April 2016

/ai

Atom Bank to deploy 'intelligent software' to answer customer queries

Atom Bank is to augment its mobile banking service with machine learning technology from Xerox subsidiary WDS, to provide customers with answers to queries from an AI bot within the app.

15 March 2016

/retail

Atom acquires IT development agency Grasp

UK digital challenger bank Atom has acquired Grasp, a digital design agency that specialises in building user interfaces for the gaming market.

08 March 2016

/retail

Atom Bank to launch with face and voice biometrics

UK digital challenger bank Atom is to use face and voice biometrics as core credentials for customers logging in to banking apps.

16 December 2015

/retail

Challenger banks boosted by UK Government

The UK Government has confirmed a range of measures designed to help challenger banks take on the establishment, including extension of the Funding for Lending Scheme (FLS) for SMEs, the launch of a new regulatory bank startup unit, and the establishment of a high level advisory group to review banking competition.

01 December 2015

/retail

BBVA buys 29.5% stake in Atom for £45 million

Spanish bank BBVA has ploughed £45 million into the UK's Atom Bank, becoming the largest shareholder in the digital-only startup with a 29.5% stake.

24 November 2015

/retail

Atom chief launches ferocious assault on 'dinosaur' banks

The 'dinosaurs' of the banking establishment - lumbered with antiquated technology systems and ruinously expensive branches - will be brushed aside by nimble, mobile-led competitors says Anthony Thomson in a hard-hitting speech ahead of the launch of his digital-only challenger Atom Bank.

13 November 2015

/retail

Atom taps Durham University maths department to develop new banking model

Digital challenger bank Atom is collaborating with Durham University and the UK government on a research project to develop a new model for retail banking.

02 September 2015

/retail

Atom Bank contracts with Iress for digital mortgage platform

UK startup Atom Bank is to be the first client for a re-engineered mortgage origination platform designed to meet the needs of digital challenger banks by Iress

11 August 2015

/retail

Atom Bank signs for Intelligent Environments platform

British digital challenger bank Atom has picked Intelligent Environments' software platform to underpin its mobile apps.

27 July 2015

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