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FinTech

Turkish Digital Bank Colendi Secures $700M Valuation with Series B Funding

  • The company aims to become a major digital banking entity and targets a $1 billion valuation.
  • According to the CEO, it should also be IPO-ready by 2026.
Thursday, 23/05/2024 | 08:08 GMT by Damian Chmiel
Payments

The Decoupled Era: How it Started VS How It’s Going For Banks

  • How hard are banks getting hit by the shifts in the payment industry?
Tuesday, 12/03/2024 | 16:00 GMT by Pedro Ferreira
FinTech

Fail Forward: Decoding the Power of Quick Adaptation in Banking

  • A comprehensive approach to bank transformations.
Monday, 05/02/2024 | 11:35 GMT by Pedro Ferreira
FinTech

"Less Cash, Identity, Risk, Transition, Coexistence, and Channeling": Experts' Insight

  • The FMLS:23 panel on ‘Banking Reimagined’ emphasized a composite ID approach, drawing from Estonia and Ukraine.
  • The panelists discussed banking's evolution, highlighting challenges from digital entrants and stressing innovation.
Monday, 29/01/2024 | 14:52 GMT by Tareq Sikder
Trending

Lloyds Bank Cuts Jobs, Focuses on Digital

  • Shift to digital banking trend continues.
  • As Lloyds Bank navigates the digital wave, adjustments ensue.
  • Can banks balance digital services and in-person connections?
Monday, 29/01/2024 | 10:16 GMT by Louis Parks
FinTech

Digital Strategies Reshaping Banking: A Tactical Guide for Incumbents

  • A look into the digital attacker strategy.
Thursday, 18/01/2024 | 15:23 GMT by Pedro Ferreira
FinTech

Expanding Horizons Beyond Traditional Banking: 3 Avenues for Growth

  • A roadmap for banks in the digital era.
Thursday, 18/01/2024 | 13:14 GMT by Pedro Ferreira
FinTech

Future-Ready Banking: The Five Pillars Shaping the Future of Finance

  • Strategies for the financial frontier.
Thursday, 18/01/2024 | 11:01 GMT by Pedro Ferreira
FinTech

Lending in the Fast Lane: Legacy Banks Forge a Digital-First Future in Business Lending

  • Business lending's evolutionary leap.
Thursday, 21/12/2023 | 16:00 GMT by Pedro Ferreira
FinTech

Digital Banking Trends to Look for Heading into 2024

  • How neobanks are reshaping the financial services landscape.
Friday, 20/10/2023 | 11:23 GMT by Pedro Ferreira
Trending

Wells Fargo Focuses on Digital While Cutting Physical

  • America’s fourth-largest bank to continue cutting staff and locations.
  • The bank is rolling out digital tools to nearly 70 million customers.
Wednesday, 18/10/2023 | 14:17 GMT by Louis Parks
CryptoCurrency

Revolut Pulls the Plug on Crypto in US, Citing Regulatory Environment

  • Revolut initially gave users until September 18 to sell their ADA, MATIC and SOL holdings.
  • The firm continues to expand its offerings despite challenges.
Friday, 04/08/2023 | 13:09 GMT by Solomon Oladipupo
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Op-ed
FinTech
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Op-ed

Africa Has Hardly Scratched The Surface Of Digital Banking And Contactless Payments

  • Revenues for domestic e-payments are expected to grow by 20 percent annually.
  • Global payments are set to grow by 7 percent per year until 2025.
Tuesday, 18/07/2023 | 14:01 GMT by Pierre Raymond
FinTech

Revolut Suffers Another Valuation Hit as Molten Ventures Cuts Stake by 40%

  • Schroeder in April made a cut of 46% to its stake in the challenger bank.
  • Revolut recently reported its first full year of profit.
Thursday, 15/06/2023 | 15:26 GMT by Solomon Oladipupo
Education Center

The Rise of Neobanks and How They Are Disrupting Traditional Banking in Africa

  • How Neobanks are changing Africa's financial landscape.
Wednesday, 03/05/2023 | 10:40 GMT by FM Contributors
Retail FX

Swiss Broker Dukascopy’s Profit Surges 200% to Second-Highest in History

  • The brokerage and retail bank's net profit hit CHF 6.4M in 2022.
  • Dukascopy attributes record to conservative asset allocation and liquidity mgt.
Thursday, 27/04/2023 | 18:16 GMT by Solomon Oladipupo
Payments

Digital Banking and Cash Management for Small Businesses: Benefits and Risks

  • The digital revolution is here
Monday, 24/04/2023 | 10:44 GMT by FM Contributors
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Op-ed
FinTech
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Op-ed

The World Goes Cashless, But Not Everyone Can Join The Party

  • 41% of survey respondents said that none of their weekly purchases is paid using cash.
  • The rapid-fire growth of fintech poses challenges for developing economies and parts of society
Thursday, 20/04/2023 | 08:16 GMT by Pierre Raymond
Education Center

Open Banking and Digital Identity: Implications and Opportunities

  • How safe is your personal and financial information?
Thursday, 23/03/2023 | 16:26 GMT by FM Contributors
Education Center

2023 Digital Banking Trends and the Future of Banking

  • Banking keeps reinventing itself. Find out what's in store.
Thursday, 09/03/2023 | 11:05 GMT by FM Contributors
CryptoCurrency

Central Banks to Enforce Standard on Banks’ Exposure to Crypto in 2025

  • The standard will permit 2% crypto reserve exposure among banks.
  • BIS says the global banking system's direct exposure to crypto "remains relatively low."
Friday, 16/12/2022 | 19:23 GMT by Solomon Oladipupo
FinTech

UK’s CMA Reacts as Monzo’s Bank Rule Breach Affects 13,000 Customers

  • The same breach affected 143,000 customers between March 1, 2020 and May 31, 2021.
  • Monzo has made some 'initial changes' to ensure compliance.
Tuesday, 26/07/2022 | 16:00 GMT by Solomon Oladipupo
FinTech

Klarna Raises $800m as Investors’ 'Opposite' Votes Sink Valuation by 85%

  • The new financing is to expand the firm's position in the US.
  • Partner at Sequoia believes that investors will come around eventually.
Monday, 11/07/2022 | 21:53 GMT by Solomon Oladipupo
Op-ed
Op-ed
FinTech
Op-ed
Op-ed

Secrets to Becoming a Successful Digital Bank

  • Digital banking is designed to eradicate the time and effort spent when banking.
  • The biggest concerns customers express with the banking industry regards data security.
Thursday, 12/05/2022 | 13:13 GMT by Serge Beck
News

UniCredit Renews Partnership with Worldline

  • The company has extended the collaboration for open banking.
  • Via a single API, Worldline enables UniCredit and its clients to execute PIS and AIS services.
Tuesday, 19/04/2022 | 10:24 GMT by Bilal Jafar
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