The digital bank Revolut had more app downloads in 2020 than Monzo and Starling combined.
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.
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 bank attracted the biggest amount of account switchers in the final three months of last year according to the most recent data.
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.
How technology can support this quest? Technology presents brands with huge opportunities to engage with their customers wherever they are. In-store touch...
Technology continues to change the world at a very fast pace. That does include the way people shop. Everybody is now familiar...
N26's leadership bench extended with the appointment of Dr. Jan Kemper as Chief Financial Officer.
Tom Blomfield who co-founded Monzo Bank 2015, is leaving the digital bank, citing "challenges" from the pandemic, TechCrunch reported.