banking license

Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds
Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds
September 11, 2019  |  Digital Banking

Kill the check. Shutter the branch. Make that leather wallet a mobile one, wielded on smartphones. The push toward digital banking seems an inexorable one, with the...

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Nigerian FinTech Kuda Raises $1.6M For Digital Banking Tech
Nigerian FinTech Kuda Raises $1.6M For Digital Banking Tech
September 11, 2019  |  Investments

Kuda, Nigeria’s first digital-only bank with a standalone license, has raised $1.6 million in pre-seed funding led by Haresh Aswani, as reported on Wednesday (Sept....

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Banking/FinTech Collaboration Grows In China
Banking/FinTech Collaboration Grows In China
May 09, 2019  |  B2B Payments

In China, digital financial services gain ground among collaborative efforts between tech-savvy upstarts and traditional players. Elsewhere, Monetary Authority of Singapore is eyeing digital-only banking...

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Deep Dive: How Challenger Banks Navigate Licensing Obstacles
Deep Dive: How Challenger Banks Navigate Licensing Obstacles
February 22, 2019  |  Digital Banking

Many challenger banks pursue charters to establish themselves as trustworthy institutions and compete directly with legacy FIs. Yet, pursuing charters can be time-consuming, and comes...

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Digital Challengers Are Closing Argentina’s Banking Gap
Digital Challengers Are Closing Argentina’s Banking Gap
February 20, 2019  |  Digital Banking

Challengers. Neobanks. Upstart institutions. Alternative banks. These newcomers to the financial services landscape go by many names, and have gained popularity, especially among younger users,...

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Prospect Of ‘No Deal’ Brexit Has FinTechs Scrambling
Prospect Of ‘No Deal’ Brexit Has FinTechs Scrambling
February 01, 2019  |  International

Deal or no deal? No, not the game show, because in the case of “no deal,” it seems like no one wins. That’s a nod...

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Data Dive: Pair-Ups, Tie-Ups And Rollouts
Data Dive: Pair-Ups, Tie-Ups And Rollouts
January 21, 2019  |  Data Dive

Today marks Day 30 of the government shutdown, leading to consequences both complex and serious; and Twitter feuds that can only be described as surreal. The government wasn’t the only place...

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FinTechs Want Access To Fed’s Payment Systems, Settlement Services
FinTechs Want Access To Fed’s Payment Systems, Settlement Services
January 14, 2019  |  Digital Banking

At a time when the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. are looking at giving federal bank licenses...

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Russian Central Bank Ends FX Competition
Russian Central Bank Ends FX Competition
December 28, 2018  |  B2B Payments

The Central Bank of the Russian Federation (CBR) announced that it has revoked the licenses of five Russian foreign exchange (FX) trading companies. According to...

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