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Sunday, June 16, 2024
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Banks as Facilitators of Everyday Life: A Closer Look at Their Role and Impact

In this blog post, we will delve into the various ways banks serve as facilitators in our daily lives and explore the impact they have on individuals and society as a whole.

European Banks Collaborate with Bitpanda and Coinbase to Bring Crypto to Customers

By leveraging Bitpanda Technology Solutions, a business-to-business infrastructure layer provider, Coinbase aims to connect directly with banks and fintech companies across Europe.

Monzo reported £130M annual loss and is under investigation by FCA

The UK challenger Monzo bank has recently reported £130M in pre-tax losses up from £114 million in the same period in 2020.

Starling Bank’s online banking service is the most secure one

According to security researchers commissioned by "Which?" the Starling Bank’s recently-launched online banking service is the most secure among the UK’s 13 leading banks.

Starling adds Nutmeg to its Marketplace

British challenger Starling Bank welcomed Nutmeg, the UK’s largest digital wealth manager, to its fast-growing Marketplace.

JP Morgan and Lloyds set sights on Starling, Times Reports

Major players like JPMorgan Chase & Co. and Lloyds Banking Group Plc have expressed interest in buying the challenger Starling Bank Ltd., the Times reported.

Santander buys part of Wirecard’s assets for about €100 million

Banco Santander has closed an agreement to acquire several specialized technological assets of the bankrupted payment solution provider Wirecard.

Santander doubles funds to $400M with the launch of Mouro Capital

Banco Santander's FinTech venture capital Innoventures fund is moved under a new entity called Mouro Capital.

Starling launches Kite card for kids

British challenger Starling Bank is set to launch the Kite debit card, which is dedicated to being used by children up to the age of 16.

Wirecard says missing €1.9 billion probably does not even exist

Wirecard is a German payments company and its shares have fallen by more than 60% after the firm said its auditors from Ernst & Young had raised questions over cash balances worth €1.9bn last week.
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