There’s never been a better time for digital-first financial institutions (FIs), as customers are pulling their savings from big banks. The opposite seemed true just a few short months ago. U.S. consumers were hesitant to break up with their traditional FIs, for reasons ranging from...
Bahrain’s ila Bank has teamed with Prizeout to help its customers purchase gift cards. The collaboration with Prizeout, a U.S.-based AdTech firm, digitizes purchasing gift cards from more than 300 brands, ila said in a Tuesday (Jan. 17) news release. “Leveraging Prizeout’s proprietary technology and extensive worldwide partnerships, the product...
“We’re in a very dangerous phase,” said Starling Bank CEO Anne Boden in a session at the ongoing Money2020 Europe conference in Amsterdam when describing the heightened exposure to fraud caused using cryptocurrencies. It’s a reason, she said, the U.K.-based neobank has so far steered...
June 09, 2022
“We’re in a very dangerous phase,” said Starling Bank CEO Anne Boden in a session at the ongoing Money2020 Europe conference in Amsterdam when describing the heightened exposure to fraud caused using cryptocurrencies. It’s a reason, she said, the U.K.-based neobank has so far steered away from digital assets, instead focusing on protecting unsuspecting customers […]
June 04, 2023
It is apparently a good time to be an online bank. As The Wall Street Journal reported Saturday (June 3), these banks took in more deposits than they lost so far this year while regional lenders like Truist, Citizens Financial and PacWest saw their deposit numbers fall. Meanwhile, banks including Capital One, Ally Financial and Goldman Sachs’ Marcus all reported quarterly increases in […]
January 17, 2023
Bahrain’s ila Bank has teamed with Prizeout to help its customers purchase gift cards. The collaboration with Prizeout, a U.S.-based AdTech firm, digitizes purchasing gift cards from more than 300 brands, ila said in a...
