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Thursday, January 28, 2021
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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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N26 announced the appointment of Dr. Jan Kemper as CFO

N26's leadership bench extended with the appointment of Dr. Jan Kemper as Chief Financial Officer.

Chubb and Revolut announce partnership deal

Provider of insurance services Chubb has partnered with unicorn challenger Revolut to offer a broader range of their services to Revolut’s customers.

Monzo Bank founder Tom Blomfield is leaving the company

Tom Blomfield who co-founded Monzo Bank 2015, is leaving the digital bank, citing "challenges" from the pandemic, TechCrunch reported.

UK Government voted down BNPL regulation bill

70 MPs have decided to vote down a bill which was supposed to regulate buy now, pay later companies like Klarna, Laybuy and Clearpay.