ZayZoon: What It Will Take for Gen Z to Embrace Traditional Banks
Traditional banks are quickly finding out that a lack of urgency in implementing new technologies will result in a loss of Gen Z consumers. With...
Category : Challenger Banks
Category to include Challenger Banks and Neobanks. Our definition is as follows Neobanks are entirely digital, Challenger banks have a form of banking license.
SmartSearch Reveals Worrying Trend as Challenger Banks Display Lack of Commitment to Compliance
by Tom Bleach
Challenger banks may be failing to successfully scan new customers against sanctions or politically exposed persons (PEP) lists; according to a new survey commissioned by...
SEON Predicts Neobank Transaction Value Will Hit $2.6trillion by 2027 as “Neobanks Are Here to Stay”
The pandemic catalysed the growth of neobanks as digital-first solutions were prioritised by citizens around the globe. Three years on, customers are returning to banks...
Turkey’s Colendi Receives Approval to Launch First Digital Deposit Bank
by eFintech
Anglo-Turkish fintech firm Colendi has received the green light from Turkey’s Banking Regulation and Supervision Agency (BRSA) to introduce the country’s first digital deposit bank....
Improving Security and Accessibility at Core of DIB UAE PASS Integration Into ‘alt’ Services
by eFintech
Dubai Islamic Bank (DIB) has integrated its DIB ‘alt’ services on mobile and internet banking with UAE PASS, the first secure unified national digital identity...
SmartSearch Urges Banks to Adopt Digital Compliance as Over Half Admit to Lack of KYB Checks
by Tom Bleach
More than half of firms in banking, crypto, property development and gaming do not always check who is running the businesses they take on as...
Atom Bank’s Profit Milestone: ‘Lowest Cost Wins’ Approach for Success
by eFintech
Atom bank has suggested that all banks should follow its formula of ‘lowest cost wins’ as the app-based bank announces its first-ever annual operating profit...
BankiFi Campaign Tackles Myths, Misconceptions and Misinformation About Digital-Only Neobanks
by Tom Bleach
Myths, misconceptions and misinformation surround all aspects of the financial industry. While most consumers understand the threat of not knowing how the complicated financial sector...
Engage Welcomes 10 New Credit Unions to Accelerate Payments to Members
Community banking platform, Engage, has spread its Faster Payments service, which empowers credit unions to send money to members in real-time through a bulk faster...
Change for Good? Starling Bank Founder Anne Boden Steps Down as CEO
by eFintech
Anne Boden, founder of Starling Bank, is to step aside as CEO at the end of June. Her decision to step down after nine years...