European digital bank N26 has integrated the popular local payment service iDEAL into its banking experience in the Netherlands. This move aims to enhance the banking experience for N26 customers in the country by providing a seamless and localized payment solution, the company said in a Thursday (Aug. 24) press release. With...
Digital bank Nubank reportedly saw its shares dip after CEO David Velez sold a portion of his stake in the company. The stock fell by as much as 8.6% during New York trading, marking the largest intra-day decline since April, Bloomberg reported Thursday (Aug. 17)....
Digital bank Grasshopper has partnered with Cable to equip its clients and Banking-as-a-Service (BaaS) platform with automation and technology for financial crime assurance, testing and oversight. The bank will leverage the automated assurance and testing capabilities of Cable, an all-in-one financial crime effectiveness testing platform, the companies said in...
A former head of Goldman Sachs’ mass-market retail effort, Marcus, is reportedly leaving the bank. Peeyush Nahar, who joined Goldman Sachs in 2021 to lead the retail banking business after having been an executive at Amazon and Uber, will take on an advisory role, according to...
January 19, 2023
Access to working capital remains a critical pain point for small- to medium-sized businesses (SMBs). Unlike larger companies who commonly enjoy longstanding relationships with their preferred financial institutions, SMBs often need additional help accessing sources of capital. These cash flow concerns can lead to SMBs needing more time to pay their suppliers, further impacting their creditworthiness […]
December 12, 2022
If FTX’s collapse has taught us anything, it’s that stability is still highly relevant. As Shaunt Sarkissian, group chief markets officer at The Bank of London (TBOL), put it in...
September 08, 2023
Owners Bank, a new digital bank created to cater to the needs of small business owners, has launched a business credit card. This product aims to address the common challenges faced by small business owners when searching for a credit card that suits their requirements, the bank said in a Thursday (Sept. 7) press release. “We […]
August 25, 2023
European digital bank N26 has integrated the popular local payment service iDEAL into its banking experience in the Netherlands. This move aims to enhance the banking experience for N26 customers in the country by providing a...
August 17, 2023
Digital bank Nubank reportedly saw its shares dip after CEO David Velez sold a portion of his stake in the company. The stock fell by as much as 8.6% during...
July 25, 2023
Digital bank Grasshopper has partnered with Cable to equip its clients and Banking-as-a-Service (BaaS) platform with automation and technology for financial crime assurance, testing and oversight. The bank will leverage the automated assurance and...
