Transactions: BMO, Mastercard, Extend launch mobile wallet for virtual cards
On Monday, BMO, with Mastercard and digital card fintech Extend, rolled out a mobile wallet for virtual cards for its ...
Tag: Digital Banks
First Internet Bank taps Narmi for digital account opening
First Internet Bank selected Narmi, a digital banking solution provider, to help clients open business accounts digitally, last month. ...
Digital banks gain market share post-SVB
Digital banks have experienced growth in deposits and customer base since the fall of Silicon Valley Bank as startups look ...
JPMorgan to open digital retail bank in U.K. next week
JPMorgan Chase & Co. will launch a digital retail bank in the U.K. next week, the first step in the ...
Online-only banks falter in COVID-19 CX
Customer satisfaction with online-only banks seems to have dwindled as a result of the COVID-19 pandemic, according to a recent ...
Texas digital-only bank offers miles instead of interest
As digital banks strive to lock in customers, a Texas-based newcomer to the industry is betting on travel miles as ...
Why Chase decided to drop digital-banking app Finn
JPMorgan Chase's millennial-friendly digital banking app Finn is shutting down, just one year after it rolled out nationally. In an ...
Hong Kong Permits Virtual Banks in Test to Traditional Lenders
Hong Kong’s traditional banks are set to face one of their biggest challenges yet: a new breed of financial technology ...
U.K. Challenger Bank Tandem Rolls Out Savings Accounts
UK digital bank Tandem has released its second banking product, savings accounts which allow users a guaranteed interest rate, the ...
UK Fintech Revolut Applies for European Bank License
London-based fintech Revolut is the latest European startup to apply for a banking license, the company said today. Revolut, which ...
