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Sunday, January 16, 2022
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Revolut sees surge in flights spending

Challenger bank Revolut reported an increase in the airport and similar travel-related spending.

Starling Bank questions the way women are pictured with money

In a new campaign launched by challenger Starling Bank the company wants to point out that women are not represented respectfully in terms of their depiction with money.

Revolut’s app was downloaded 5.8 Million times in 2020

The digital bank Revolut had more app downloads in 2020 than Monzo and Starling combined.

Visa’s Plaid takeover faces antitrust scrutiny at the DOJ

The Departement of Justice could sue to block Visa's $5.3 billion acquisition of bank data sharing startup Plaid over competition concerns, the Wall Street Journal reported.

DirectID: Creating a Better Tomorrow with Open Banking

Traditional financial institutions have always been resistant to change; after all, managing and reducing risk is essential to running a successful bank. After decades of building processes to minimise risk, innovative digital technologies, like open banking, often face resistance from traditional operations.

Monzo has attracted most people who switched their accounts

Monzo bank attracted the biggest amount of account switchers in the final three months of last year according to the most recent data.

In 2020, European digital payments will hit $802 billion transaction value

According to data gathered by Finanso.se the European digital payments market is expected to hit a record $802 billion transaction value in 2020, which means a 9.9% yearly growth rate.

Unified commerce and the change of retail landscape (part 2/2)

How technology can support this quest? Technology presents brands with huge opportunities to engage with their customers wherever they are. In-store touch...

Unified commerce and the change of retail landscape (part 1/2)

Technology continues to change the world at a very fast pace. That does include the way people shop. Everybody is now familiar...
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Revolut is launching as a bank in 10 more European countries

This means the London-based digital bank is now offering deposit protection of up to € 100,000 to local customers in the particular markets.

Starling has stopped advertising on Facebook and Instagram

The CEO Anne Boden says the company won’t advertise on Facebook or Instagram ‘alongside scammers who are going after the savings of our customers.

Commodities trading now enabled by Revolut for Singapore users

The Monetary Authority of Singapore (MAS) has given permission to Revolut to allow customers to trade gold and silver on its platform.

Tencent takes stake in Monzo Bank

The tech giant from China Tencent has taken a minor stake in Monzo Bank after joining Monzo's latest funding round.