In a modified Oxford-style debate, two teams faced off on this question: “Are banks, given the right tools, more innovative than fintechs?”
On the eve of Halloween weekend, we share the trends that are spooking fintech startups and could keep them up at night over the next year.
Amex’s merchant ties promise a good start for its SMB digital checking account: It could easily amass depositors from among the businesses that rely on its cards—and sweeteners in the account may draw new depositors.
Marcus revamp emphasizes Goldman’s corporate brand: Flipping the current order of the name to Goldman Sachs Marcus in 2022 suggests any tarnish has worn off and that Goldman thinks rebranding will increase trust and business.
Its transaction-based revenues fell sharply in Q3 due to a 78% drop in crypto trading, highlighting its oversized reliance on the sector.
Zolve nabs $40M to cultivate loyal users: The brand new neobank’s credit card and savings account could build a base by offering banking services to immigrants moving to the country.
Who’s winning the sprint to become a financial services super app: At Money20/20 USA, Insider Intelligence gave financial services executives an advance look at our upcoming matrix compiling some of the industry’s most comprehensive data about global financial services super apps.
Nubank rushes to the forefront with IPO plans: Its interest in becoming a public company follows a banner year, and might serve as a blueprint ahead of peers with similar ambitions.
At Money20/20 USA, a community bank’s executive VP and two fintech founders shared lessons learned from a successful infrastructure modernization initiative.
We tease the most in-demand emerging mobile banking features neobanks can offer to can offer to monetize users from our UK Neobank Emerging Features Benchmark 2021 report.
Pennyworth aims to tap niche demographic with full app launch: The UK neobank’s app offers personalized financial planning and has a forthcoming savings account—all aimed at the “aspiring affluent”
Bunq’s multi-currency offering simplifies pan-European banking: Letting users send, receive, and store money in six currencies and adding local IBAN support makes travel banking feel local.