challenger banks

How Wells Fargo Uses AI, Biometrics To Fight Money Laundering
How Wells Fargo Uses AI, Biometrics To Fight Money Laundering
March 12, 2019  |  Digital Banking

Digital banking customers of today aren’t looking for the bank with the newest features — they’re looking for the bank that can keep their data...

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Starling Debuts New Business Lending Strategy
Starling Debuts New Business Lending Strategy
March 08, 2019  |  B2B Payments

U.K. challenger Starling Bank is moving forward with plans to introduce business lending services, reports in Specialist Banking said this week, with the bank revealing new...

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Chime Valued At $1.5B After Capital Raise
Chime Valued At $1.5B After Capital Raise
March 05, 2019  |  Investments

Chime, the challenger bank based in the U.S., now has a valuation of $1.5 billion after raising $200 million in venture funding. According to a...

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A Brazilian Challenger Bank’s Smartphone-First Approach To Onboarding And Authentication
A Brazilian Challenger Bank’s Smartphone-First Approach To Onboarding And Authentication
February 26, 2019  |  Authentication

Frustrations with traditional Brazilian bank incumbents have given rise to new digital challenger offerings that are more in sync with the digital consumer. In the...

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Boosting Access To Financial Services In Brazil
Boosting Access To Financial Services In Brazil
February 25, 2019  |  Authentication

As fraudsters get more brazen and inventive in the digital information ecosystem, many companies are realizing they can’t thwart these bad actors on their own,...

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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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Controversy Hits RBS’ $1B Fund To Boost Bank Competition
Controversy Hits RBS’ $1B Fund To Boost Bank Competition
February 21, 2019  |  B2B Payments

The U.K. government’s mandate that the Royal Bank of Scotland (RBS) allocate about $1 billion for a fund intended to give a financial boost to...

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Challenging The Truths Of Small Business Banking
Challenging The Truths Of Small Business Banking
February 21, 2019  |  B2B Payments

The small business (SMB) banking sector continues to endure seismic disruption from many angles. In the U.K., regulators are cracking down on big bank misconduct...

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How Argentina’s Wilobank Brings Financial Services To Unbanked Populations
How Argentina’s Wilobank Brings Financial Services To Unbanked Populations
February 21, 2019  |  Digital Banking

In Latin America, where roughly 70 percent of the population is unbanked due to traditional banks’ stringent KYC requirements, digital-only challenger banks see an opportunity...

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