Mobile & online banking

15690 articles tagged with this keyword

/people

N26 co-founder Stalf leaves CEO role after investor row

N26 co-founder Valentin Stalf is stepping down as joint CEO of the German digital bank amid investor unrest over regulatory failings.

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Monzo to offer customers mobile plans

UK digital bank Monzo is set to become the latest European fintech to offer customers mobile phone plans.

/regulation

N26 investors bid to oust co-CEOs after watchdog's criticism

Investors in N26 are working to remove the German digital bank's founders as co-chief executives after regulator BaFin once again identified risk management failings at the fintech, according to the Financial Times.

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Credit Sesame enlists Green Dot for digital banking service

Credit Sesame, one of the first platforms to provide consumers free and ongoing access to their full credit information and profile, is partnering with Green Dot Corporation (NYSE: GDOT) to power and enhance its Sesame Cash smart digital banking service designed to help customers grow their savings.

/retail

Dosh partners Visa and Pismo for digital banking in New Zealand

Dosh, New Zealand’s first locally owned digital wallet and aspiring digital bank, today announced a strategic collaboration with Visa and Pismo to power its next phase of growth and innovation.

/retail

Monzo tops 13 million customers

Leading digital bank Monzo today announces that it has surpassed 13 million customers, as it progresses at pace with its ambition to build the one app customers turn to to manage their entire financial lives.

/predictions

UK's high street banks see profits fall as online rivals gain ground

High street banks in the UK have seen their profits drop in 2024 as customers opt for alternative lenders and online banks offering both higher savings rates and more digital services.

/retail

Grasshopper raises $46.6m

Digital business bank Grasshopper has raised $46.6 million to support its merger with Auto Club Trust.

/payments

Capitec Bank and Mama Money partner for remittances

Capitec Bank, South Africa's largest bank with over 24 million clients, has partnered with leading remittance fintech Mama Money to dramatically reduce the cost and simplify sending money across borders for the country's 2.4 million migrants.

/security

Maven leads £5 million investment in Approov

Approov Limited (“Approov”), a mobile app security software business, has secured a £1.2m investment from the Investment Fund for Scotland, managed by Maven Capital Partners (“Maven”).

/retail

Libyan Islamic Bank goes live with Backbase

Backbase, the global leader in AI-powered banking technology, today announced the recent successful platform launch of Libyan Islamic Bank (LIB), one of the country’s fastest-growing financial institutions. This achievement represents Backbase’s first platform launch in Libya, underscoring its commitment to expanding state-of-the-art, customer-centric banking across North Africa.

/crypto

Coinbase connects crypto to Samsung Pay

Samsung Pay will begin rolling out as a payment and deposit option inside the Coinbase app for users in the United States and Canada, with plans to expand to additional geographies in the near future.

/retail

Premier Financial Credit Union picks Mahalo for digital overhaul

Premier Financial Credit Union (‘Premier Financial’) has chosen Mahalo Banking as its new digital banking partner, marking a strategic investment in the modernization of its member experience.

/retail

Chetwood Bank passes £5 billion balance sheet milestone

Chetwood Bank Balance Sheet has now surpassed £5 billion, underscoring its rapid rise as a digital bank. From £3.1bn in March 2024 to £4bn by May 2025, the growth reflects increased demand for its savings and specialist mortgage offerings.

/payments

Safaricom and PayPal link accounts

Safaricom (NSE: SCOM), M-PESA and PayPal have announced a strategic collaboration to enable account linking and seamless fund transfers across their networks.

/people

Nubank names Ethan Eismann chief design officer

Ethan Eismann has been appointed as the digital bank’s first Chief Design Officer (CDO), marking a strategic addition to its executive team. This change in leadership is meant to improve Nubank’s product experience and innovation efforts around the world.

/payments

Australians embrace digital banking as digital wallet use surges

Australian consumers are adopting digital banking services in increasing numbers with 99.3% of transactions taking place over digital channels, including A$160bn in payments made via mobile wallets.

/ai

United Arab bank selects Lune to embed AI into mobile services

United Arab Bank (UAB) has announced a strategic partnership with Lune, a leading UAE-based fintech company specialising in AI-driven transaction enrichment and financial data analytics solutions.

/crime

How A2A Innovation is Advancing The Fight Against Fraud

Speaking to FinextraTV in this interview, Helena Forest, EVP, Global Product & Commercial, Real Time Payments, Mastercard and Luke Reynolds, SVP, Financial Crimes, Mastercard discuss the impact of fraud and payment scams and look to address their prevention. As well as covering the many forms of fraud, such as APP fraud and romance scams, Forest and Reynolds explore the innovations currently available to help reduce its impact. They provide an honest optimism whilst remaining aware of the existing complexities within fraud prevention, bringing attention to the impact of the latest account to account fraud prevention methods including risk-scoring and Mastercard's UK A2A Sandbox.