Neobanks

Neobank Licensing Sets Stage for Saudi FinTech Acceleration
Neobank Licensing Sets Stage for Saudi FinTech Acceleration
November 15, 2022  |  Digital-First Banking

In the evolution of FinTech in any given market, there are certain phases and milestones that can be observed. For example, the development of payment...

READ MORE >
Neobanks Decimate Staff as They Chase Sustainable Profits
Neobanks Decimate Staff as They Chase Sustainable Profits
November 03, 2022  |  Banking

There’s an old business saying that holds that you can’t cut your way to profitability. Chime and its digital peers are going to put that...

READ MORE >
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
October 21, 2022  |  Digital-First Banking

In business, sometimes, the strategy is to be first — jumping into markets with new products and services, striving to capture consumers’ mind share, wallet...

READ MORE >
From Film Studios to FinTechs, Connected Economy Forces Business Model Rethinks
From Film Studios to FinTechs, Connected Economy Forces Business Model Rethinks
September 20, 2022  |  Connected Economy

In business, sometimes the more things change … well, the more they change.  We’re seeing disintermediation and disruptions as the connected economy continues to shape....

READ MORE >
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
September 13, 2022  |  Security & Fraud

“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster....

READ MORE >
EMEA Daily: Amazon Buys Cloostermans; Wise Brings SWIFT to Neobanks
EMEA Daily: Amazon Buys Cloostermans; Wise Brings SWIFT to Neobanks
September 09, 2022  |  emea

Today in Europe, the Middle East and Africa, Amazon acquired the Belgian robotics company Cloostermans and Wise Platform launched a new solution to help banks...

READ MORE >
Goldman’s Ability to Absorb Losses at Marcus Unit Keeps Neobanks on Edge
Goldman’s Ability to Absorb Losses at Marcus Unit Keeps Neobanks on Edge
June 28, 2022  |  Digital-First Banking

There’s an old saying in the newspaper business: Never argue with someone who buys ink by the barrel. The implication of that statement is that...

READ MORE >
Money Mobility Holds Key to Helping FinTechs Win, Keep Digital-First Consumers
Money Mobility Holds Key to Helping FinTechs Win, Keep Digital-First Consumers
March 10, 2022  |  Payments Innovation

Six in 10 adult consumers in the United States opened at least one new financial account in 2021, meaning a minimum of 152 million such...

READ MORE >
Series C Brings $100M to Indian Neobank Niyo
Series C Brings $100M to Indian Neobank Niyo
February 24, 2022  |  Investments

Indian consumer neobank Niyo has raised $100 million in a Series C round, the company announced in a news release Thursday (Feb. 24). Niyo says...

READ MORE >