8.6 C
New York
Saturday, April 17, 2021
Tags Banking

Tag: banking

JPMorgan Chase closed 1000 branches

JPMorgan Chase closes approximately one-fifth of its bank branches to help to stop the spread of COVID-19.

HSBC’s overhaul to be delayed over COVID-19

Financial Times reported on Wednesday, that HSBC Holdings PLC's restructuring could be delayed due to the Covid-19 outbreak.

Revolut launches banking app for children

Revolut has launched a “money management” Revolut Junior product, which can be monitored by parents.

Santander buys majority stake in fintech Mercury TFS

Banco Santander announced on Friday it has acquired the majority stake in Mercury TFS, a Spain-based company that specializes in software solutions that automate the end-to-end management of trade finance transactions for corporate customers, for €30 million.

Revolut lets you purchase gold on Premium and Metal

Fintech startup Revolut has introduced a new trading feature for premium users.

Barclays app goes through major changes

UK banking group Barclays announced on Wednesday its customers may now securely make payments from current accounts held with other banks from within...

Credit Sesame launches digital bank account to capitalize on expense management

Credit Sesame introduced Sesame Cash, a free digital bank account as part of a new smart digital banking service that will help consumers grow their cash and credit in one place for free as they spend and save.

OakNorth Bank reaches double profits, but growth slows

SoftBank-backed lender OakNorth Bank almost doubled its profits in 2019 but slowed down its pace of expansion as economic concerns discouraged...

Tandem raises £60m to fund international expansion

Tandem Bank, the UK challenger which sparked reports of its funding nearly a year ago, has finally landed its investment round of £60 million and intends to buy a green lender that helps consumers buy solar panels.

Barclays to cut jobs affecting 1,000 employees

Barclays has announced a major staff shake-up affecting more than 1,000 workers including the closure of a site in Leeds. The bank is also set to put a further 340 staff on notice for job cuts or relocation across the country, pushing the total jobs affected to 1,140.
- Advertisment -

Most Read

How are transfer apps building trust with their users?

For a few years now, consumer attitude towards finance and banking has been changing. A rapid rise in digital consumption has resulted in more technology and innovation than ever before, with total fintech investment in Europe skyrocketing to $58.1bn in 2019.*

Monzo partnered with RAC to enhance its premium options

Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020 and now it extends their benefits.

Revolut adds 11 new crypto tokens

Revolut announced this Thursday that 11 more crypto-tokens were added to the option for users to buy and sell.

Starling Bank and Funding Options join to support SME’s

Starling Bank and Funding Options decided to join forces and help SME's with their recovery in 2021.