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digital banking

FintechNews RoundupUSA
·Apr. 13, 2020

Inside TD Ameritrade’s Shift to Work from Home

TD Ameritrade’s investment in their Halo Desktop a few years ago allowed the company to get ahead of the curve...
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Fintech
·Aug. 4, 2020

China’s New Digital Currency Tries to Limit Dominance of Alibaba and Tencent

The People’s Bank of China has recently launched a trial version of their digital currency which they hope will reduce...
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FintechNews Roundup
·Nov. 10, 2017

China Construction Bank Digitally Transforms

To continue a global expansion of the bank they needed to remodel it around technology; they needed to transform to handle the customer base, which currently stands at over 660 million, more effectively; increasing bandwidth has been a main focus according to China Construction Bank’s CIO Jin Panshi, “We don’t just need bandwidth for 4K or HD video, but we also felt that AI capabilities, including voice and facial recognition, were urgently needed.”; they have also migrated about 83 percent of distributed applications to the cloud and continue to keep innovating to try and stay ahead. Source.

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FintechNews RoundupUSA
·Jan. 6, 2020

BBVA Looking to Offer Products on Amazon

BBVA has announced a partnership with Amazon; the partnership is first focused on selling physical products but it’s clear that...
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FintechNews RoundupUSA
·Feb. 11, 2019

Citi CIO Talks Innovation, Bank Partnerships and Internal Incubator

Citi CIO Vanessa Colella sat down with Business Insider to discuss the bank’s technology budget, their internal incubator program and...
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EuropeFintechUSA
·Jul. 27, 2020

Revolut Extends Series D Round With an Additional $80mn

Digital bank Revolut extended their series D round to add an additional $80mn, which brings the total of the funding...
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EuropeFintechNews RoundupUSA
·Jan. 31, 2018

Moven Gets Investment from SoftBank, Looks to Acquire US Bank

SBI Group, owner of SoftBank is investing into the mobile-first bank; SBI Group will also get a seat on Moven's board and the companies plan to form a joint venture in Japan; Moven is also splitting its business in two; one side is the software provider that powers digital banking software and the other is the neobank, MovenBank; Moven also announced that it is in the process of purchasing a US bank. Source

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FintechNews RoundupUSA
·Apr. 15, 2020

Truist Launches New Campaign Focused on Coronavirus

The sixth largest bank in the U.S. is out with a new marketing campaign designed at helping customers weather the...
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EuropeFintechNews Roundup
·Feb. 12, 2020

Is N26 Really Leaving the UK Because of Brexit?

Yesterday N26 announced that they were ceasing operations in the UK citing Brexit as the reason; 200,000 N26 customers are...
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Asia/PacFintechNews Roundup
·May. 7, 2020

Largest Fintech in South Korea Looks to Raise $200 Million

Viva Repulica runs the largest fintech startup in South Korea called Toss; the company is now looking to raise $200...
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