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The Role of Fintech in Disrupting Traditional Money Transfer Services
The response in recent years of many industries and sectors to increased digitization has affected […]
Klarna rival 'Curve credit' plans to attract 300,000 UK customers
The 'all cards in one' fintech Curve has been testing its new lending option with just a small number of customers at the moment. The full launch is expected later this year.
TransferWise hits $5bn valuation
TransferWise early investors sold some of their stakes in a $319 million secondary deal. With that, the value of the company was estimated at $5bn.
Revolut adds American Express to open banking feature
Challenger bank Revolut announced the addition of American Express to its Open Banking feature. This allows Revolut retail customers in the UK to connect their American Express bank account to Revolut.
Curve is back online after the Wirecard scandal
Curve customers are now able to make payments as usual. This comes after a three-day outage starting last Friday since Curve's infrastructural provider Wirecard activities were frozen by the FCA.
Zopa secures long-awaited UK banking licence
British P2P lender Zopa has just launched a new digital bank after being granted a full UK banking licence.
How Varengold Bank Helps FinTechs Continue Lending During the Current Situation
With Varengold Bank’s 25th anniversary quickly approaching, it’s safe to say that the company has […]
Santander set to hire 3,000 IT professionals for €20bn digital push
Santander bank which has its HQ in Spain, said on Thursday it would hire 3,000 IT professionals worldwide this year to support its digital transformation. This comes when most banks are cutting jobs and costs.
N26 data research shows only 27% of people feel in control of their finances
N26 is a german challenger bank that is live in 25 countries including the US. Last week it has announced survey results from its larger “Big Banking Chat”.
"Tally is a neobank, that‘s addressing the real issue with banking," claims Cameron Parry from Tally in an interview
Cameron Parry, Tally's CEO and co-founder explained to Everly.eu in an exclusive interview what is Tally all about and why he is upset with the current state of the banking system.
Curve launches premium Metal card in Europe
Curve is a UK based banking platform that consolidates multiple cards into a single card and app. Now it rolls out premium Curve Metal card and other in the European Economic Area (EEA).
Revolut cuts about 60 jobs citing COVID-19 crisis measures
The digital bank unicorn Revolut has announced to lay-off 60 of its employees as it admits the COVID-19 has some negative impact already.
Revolut launches a bank to provide insured deposits
Revolut has launched a licenced bank in Lithuania, enabling the 300,000 customers in the country to safely deposit their salaries in deposit-protected bank accounts.
RBS's Bó challenger to Monzo has failed and drops out
RBS launched Bó back in November 19' to compete with the Monzo and Revolut but now Bó gets discarded.
Are central banks going to finally create a digital alternative to cash?
According to a report from research and campaign group Positive Money, central banks should issue a digital version of cash to prevent the ‘privatization’ of money.
World Fintech Report 2020 - Banks have to transform into "Inventive banks"
Capgemini and Efma published World FinTech Report 2020 revealing traditional banks have an opportunity to thrive in today’s market by embracing Open X and becoming Inventive Banks.
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