TSB opts to focus on digital banking first, branches not so much: In the wake of falling usage, the bank’s shuttering of 70 UK branches in 2022, or almost one-quarter of its footprint, turns digital into its main channel.
Commission-free trading is no longer enough for an investment platform to stand out in the crowded UK market.
JPMorgan Chase and Standard Chartered helped turn the cloud-based core banking provider into a unicorn and a credible challenger to the big core banking players.
Banks will also benefit from UK SMBs’ recovery: A Starling survey shows that many small and medium-sized businesses (SMBs) have returned to pre-pandemic performance, making them better prospects for paid services and shouldering new debt.
Government plans inform Flinks’ entry into Canadian open banking: The National Bank-owned company proactively designed its product to meet standards outlined in a federal government report, positioning itself for an early mover advantage.
Is healthcare the next industry primed for fintech disruption? Health tech company TailorMed is acquiring competitor Vivor, which have both been using tech to reduce financial barriers to healthcare—a growing trend in digital health.
The quieter Thanksgiving weekend news cycle gave us time to dive deep on a much-hyped fintech sector. Here’s how DeFi actually works, what issues it aims to solve, and where it’s going next.
On today's episode, we discuss how the world of insurance is changing, how claims can be settled in seconds, and how smart sensors can make sure you only pay when you actually drive. Tune in to the discussion with eMarketer principal analyst at Insider Intelligence Eleni Digalaki.
Justin Morcelle’s non-marketing experience with data and analytics gave him a competitive advantage when he took on his job. In an exclusive interview, he talks about how digital has transformed the CMO role.
Tide ventures into open banking after hitting a wall with some SMBs: To attract SMBs unwilling to switch banks, the neobank will let them connect their outside bank accounts to its platform to use other services.
Nigerian embedded-finance company raises $3.5M: OnePipe could bring more Nigerians into the banking system by helping non-banks offer financial services. Its top line will also benefit from fees and loan interest.
Banks need OCC’s approval for some crypto, stablecoin activities: A supervisor office must consent before banks can jump into crypto custody or holding US dollar deposits backing stablecoins. An initial chilling effect will wear off after banks adjust.
While it’s meeting consumer demand for holistic coverage, it falls short on scalability. The debt and equity raise will help it expand.