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Older Americans demonstrate more digital financial literacy than younger peers

/security

Older Americans demonstrate more digital financial literacy than younger peers

Digital financial literacy among Americans increases with age, according to research from Capital One.

Alba Bank CEO steps down

/people

Alba Bank CEO steps down

Rod Ashley has announced he will be stepping down as CEO of Alba Bank after six years.

Revolut says Meta platforms are a 'hotbed' for scams

/security

Revolut says Meta platforms are a 'hotbed' for scams

In tune with bank findings, Revolut scam data for 2023 reveals that the majority of all its reported crime cases in the UK started on Meta platforms.

Banorte launches bineo, the first completely digital bank in Mexico

/retail

Banorte launches bineo, the first completely digital bank in Mexico

Chairman of Grupo Financiero Banorte, Carlos Hank Gonzalez, has launched bineo, the first fully digital bank in Mexico.

Bunq hits FY profitability; targets UK

/retail

Bunq hits FY profitability; targets UK

Dutch neobank Bunq is planning its UK re-entry after recording its first full year of profitability.

Lloyds closes mobile bank branch service

/retail

Lloyds closes mobile bank branch service

With customers carrying out more banking through their phones, Lloyds is shutting down a different kind of mobile service, the vans that drive to towns across the UK offering an alternative to branches.

Lloyds cuts branch jobs as customers go digital

/retail

Lloyds cuts branch jobs as customers go digital

Lloyds Banking Group is cutting around 1600 jobs in its branch network, although the bank is also creating more than 800 roles in an expanded "relationship growth" team as it retools for a digital-first future.

Qatar's Karty raises $2m for digital wallet

/startups

Qatar's Karty raises $2m for digital wallet

Qatari digital wallet startup Karty is gearing up for launch after securing more than US$2 million in seed funding.

Digital Onboarding raises $58m

/retail

Digital Onboarding raises $58m

Boston-based SaaS fintech Digital Onboarding has raised $58 million from Volition Capital.

Commerzbank and Global Payments form payments joint venture for SMEs

/payments

Commerzbank and Global Payments form payments joint venture for SMEs

Global Payments and Commerzbank are to launch a joint venture company catering to the digital payment needs of small and medium sized enterprise in germany.

Nu Mexico lets customers receive payments from US via WhatsApp

/payments

Nu Mexico lets customers receive payments from US via WhatsApp

Nubank customers in Mexico can now receive money from the United States via WhatsApp thanks to a partnership between the digital banking giant and Felix Pago

Nubank gets green light to expand into savings in Colombia

/regulation

Nubank gets green light to expand into savings in Colombia

Brazilian digital banking behemoth Nubank is stepping up its presence in Colombia after receiving approval from authorities to operate as a financing company in the country.

Finextra's top research reports of 2023

/payments

Finextra's top research reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded whitepapers, sentiment papers and surveys over the course of the past year. These reports are Finextra-led and cobranded, based on editorially balanced, independent, referenced desk-based and online research.

Finextra's top impact study reports of 2023

/payments

Finextra's top impact study reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded impact study reports over the course of the past year. Our impact study reports are how-to, best practice guides that support those in the financial industry in their utilisation and optimisation of particular technologies, as well as providing an outlook at future trends to watch.

Bunq launches GenAI chatbot

/retail

Bunq launches GenAI chatbot

Bunq has launched its own generative AI platform that the Dutch neobank says will "wow" customers with its ability to answer money-related questions.

EPI completes first account-to-account mobile transfers

/payments

EPI completes first account-to-account mobile transfers

The European Payments Initiative has completed its first account-to-account instant payment transaction in a proof-of-concept between customers from Sparkasse Elbe-Elster in Germany and Banque Populaire and Caisse d’Epargne (Groupe BPCE) in France

Apple, Visa and Mastercard face anti-trust class action lawsuit

/payments

Apple, Visa and Mastercard face anti-trust class action lawsuit

Apple, Visa and Mastercard are facing a class action lawsuit over allegations that they conspired to suppress competition in the market for point-of-sale payment card services.

TD inks data access deal with Plaid

/retail

TD inks data access deal with Plaid

TD has struck a North American data-access agreement with Plaid, enabling the bank's customers in Canada and the US to share their financial data with third-party providers.

Google adds BNPL options to mobile wallet

/payments

Google adds BNPL options to mobile wallet

Google is teaming up with Zip and Affirm to offer buy now pay later options for US consumers shopping with Google Pay.

Canadian fintech Koho raises C$86m

/retail

Canadian fintech Koho raises C$86m

Canadian fintech Koho has raised an additional C$86 million at a C$800 million valuation in a Series D round extension.

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