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Tuesday, June 22, 2021
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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 revenue grows but operating losses double to £201m

Revolut announced that 2020 adjusted revenues, that grew 57% to £261 million. However, operating losses in 2020 have doubled.

Bunq valued at 1.65 billion € after first investment

Dutch digital bank Bunq managed to close the very first funding round with an undisclosed British private equity firm.

Wise expects valuation of £9bn with new London listing

Wise, former TransferWise, is about to go public on the London Stock Exchange through a direct listing.

N26 exceeds 2 million customers in France

N26 announced that it has convinced 2 million French customers to use its services after 4,5 years since entering the market.