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.
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...
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This means the London-based digital bank is now offering deposit protection of up to € 100,000 to local customers in the particular markets.
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.
The Monetary Authority of Singapore (MAS) has given permission to Revolut to allow customers to trade gold and silver on its platform.