UK-based open banking platform Yapily has signed a deal with German credit bureau SCHUFA to acquire a 75% stake in finAPI.
Challenger bank Masthaven receives £60m investment Postal Banking Is Back — On Democratic Party Platforms — But Is It Viable?...
BBVA cancelled their planned takeover of Atom Bank due to concerns related to Brexit’s impact on the UK economy; Atom...
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The Pennsylvania bank run by Sam Sidhu is updating its platform to support real-time payments for cryptocurrency companies and will offer embedded finance and banking-as-a-service to fintechs.
A new report from Kantar says UK financial institutions could be missing a £130bn ($173) opportunity by not winning over women; they are not targeting women in ads and are missing the potential for a significant boost in savings and investment; the report also shows that 38 percent of women feel in control of their financial future and women retire with a third of the savings compared to men; targeting women can not only help to bring these number up but the study also shows women are more apt to recommend financial services than men. Source.
Zilch, founded in July 2018, said internal data showed it acquired more than 425,000 new customers in December alone, helping it reach the 2 million mark.
Like a majority of companies, OakNorth is taking a fresh look at forecasts for 2020; Nick Lee, a senior executive...
The European Parliament has posted regulations pertaining to tokenization and digital securities leveraging blockchain or distributed ledger technology.The...
UK based digital only bank, Atom Bank, raised more than $205mn from investors including BBVA; the new capital will help the bank further investment in technoloy and business capabilities; BBVA Chief executive Carlos Torres Vila tells the FT, “we are fully aligned with the vision of banking that Atom is pursuing, and the disruption it is already bringing to the UK financial services sector.” Source.