#digital-banking

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#investment

Nubank leads $250M round in African digital bank Tyme at $1.5B valuation | TechCrunch

Tyme Group raises $250 million in Series D funding, achieving a $1.5 billion valuation, signaling investor recovery in fintech.

Growing with Purpose: Insights on product-led growth and customer acquisition strategies from and for emerging financial firms - Tearsheet

Three innovative financial firms overcame economic challenges in 2022-2023, showcasing resilience and unique strategies for success.

Amsterdam's digital banking experience platform Plumery bags 3M

Plumery raises $3.3M to enhance its digital banking platform, aiming for significant growth and innovation in the fintech sector.

Check out the more than 60 pitch decks fintechs used to raise millions in funding from top investors

SecureSave enables employees to save for emergencies through employer partnerships, enhancing financial security.

Uzbekistan's mobile bank TBC bags $37M to expand with new AI and insurance products | TechCrunch

TBC Bank Uzbekistan raised $37 million to enhance its digital banking services and develop AI products, aiming to attract tech-savvy customers.

The Future of Wealth Management with Caesar and Nader

The evolution of wealth management is shifting towards democratization and accessibility for professionals, facilitated by partnerships between fintechs and traditional banks.

Nubank leads $250M round in African digital bank Tyme at $1.5B valuation | TechCrunch

Tyme Group raises $250 million in Series D funding, achieving a $1.5 billion valuation, signaling investor recovery in fintech.

Growing with Purpose: Insights on product-led growth and customer acquisition strategies from and for emerging financial firms - Tearsheet

Three innovative financial firms overcame economic challenges in 2022-2023, showcasing resilience and unique strategies for success.

Amsterdam's digital banking experience platform Plumery bags 3M

Plumery raises $3.3M to enhance its digital banking platform, aiming for significant growth and innovation in the fintech sector.

Check out the more than 60 pitch decks fintechs used to raise millions in funding from top investors

SecureSave enables employees to save for emergencies through employer partnerships, enhancing financial security.

Uzbekistan's mobile bank TBC bags $37M to expand with new AI and insurance products | TechCrunch

TBC Bank Uzbekistan raised $37 million to enhance its digital banking services and develop AI products, aiming to attract tech-savvy customers.

The Future of Wealth Management with Caesar and Nader

The evolution of wealth management is shifting towards democratization and accessibility for professionals, facilitated by partnerships between fintechs and traditional banks.
moreinvestment
#fintech

Dave and Varo Bank execs are coming to TechCrunch Disrupt 2024 | TechCrunch

Neobanks like Dave and Varo are thriving despite challenges, showcasing significant growth in customers and revenue.

The Fortune Fintech Innovators Asia list: Meet the 60 fintech firms leading the pack

Asia is a global leader in fintech, surpassing Western countries in mobile payment technology.

The final agenda for the Fintech Stage at Disrupt 2024 | TechCrunch

The fintech industry is evolving with significant opportunities in mobile banking, digital payments, and cryptocurrency.

How two neobanks grew during challenging times and the future of online banking | TechCrunch

Neobanks like Dave and Varo are thriving while traditional banks struggle, focusing on underserved markets and user engagement.

Monese acquired by Pockit as HSBC writes off its investment

Pockit acquires Monese to enhance financial inclusion and expand service offerings after Monese's struggles and loss of investor support.

Popular LatAm digital payment service AstroPay launches multi-currency wallet | TechCrunch

AstroPay aims to expand from a Latin American payment service to a global consumer fintech product with multi-currency capabilities.

Dave and Varo Bank execs are coming to TechCrunch Disrupt 2024 | TechCrunch

Neobanks like Dave and Varo are thriving despite challenges, showcasing significant growth in customers and revenue.

The Fortune Fintech Innovators Asia list: Meet the 60 fintech firms leading the pack

Asia is a global leader in fintech, surpassing Western countries in mobile payment technology.

The final agenda for the Fintech Stage at Disrupt 2024 | TechCrunch

The fintech industry is evolving with significant opportunities in mobile banking, digital payments, and cryptocurrency.

How two neobanks grew during challenging times and the future of online banking | TechCrunch

Neobanks like Dave and Varo are thriving while traditional banks struggle, focusing on underserved markets and user engagement.

Monese acquired by Pockit as HSBC writes off its investment

Pockit acquires Monese to enhance financial inclusion and expand service offerings after Monese's struggles and loss of investor support.

Popular LatAm digital payment service AstroPay launches multi-currency wallet | TechCrunch

AstroPay aims to expand from a Latin American payment service to a global consumer fintech product with multi-currency capabilities.
morefintech

Blend hires Srini Venkatramani to lead product, technology growth

Blend Labs appointed Srini Venkatramani as head of product, technology, and customer operations to enhance its focus on customer-centric digital banking solutions.

The Last Bank Branch? Not Quite, But Close - Tearsheet

The U.S. banking industry is shrinking its physical branch presence due to the rise of digital banking, with 944 branches closed in 2024.

Apple Pay, Cash App, PayPal and other apps to be treated more like banks | TechCrunch

CFPB's new ruling allows oversight of digital services resembling banks, improving consumer protection against issues like account closure and fraud.

THN Recap: Top Cybersecurity Threats, Tools, and Practices (Nov 04 - Nov 10)

Cyber attackers are now using trusted digital tools to conceal their activities, posing a significant threat to security and privacy.
Organizations must urgently address vulnerabilities in edge devices to protect themselves from advanced cyber threats.
#customer-experience

Cardholders are expecting more from their digital banking. What will it take us to get there?: 5 questions with Mastercard's Melanie Fuller - Tearsheet

Financial institutions must adapt creatively to evolving online customer expectations and improve digital banking experiences, especially in post-purchase workflows.

4 Mass. sites among nationwide Citizens Bank closures

Citizens Bank will close 15 branches nationwide to enhance its digital and mobile banking while still investing in some physical locations.

Cardholders are expecting more from their digital banking. What will it take us to get there?: 5 questions with Mastercard's Melanie Fuller - Tearsheet

Financial institutions must adapt creatively to evolving online customer expectations and improve digital banking experiences, especially in post-purchase workflows.

4 Mass. sites among nationwide Citizens Bank closures

Citizens Bank will close 15 branches nationwide to enhance its digital and mobile banking while still investing in some physical locations.
morecustomer-experience

As bank branches close, digital community marketing strategies take center stage

Banks must adapt to digital trends and consumer expectations as physical branches decline.
Community engagement is key for banks to maintain trust amidst digital transformation.

It's that time again: Q3 earnings insights from the banking sector - Tearsheet

Investment banks are recovering strongly in Q3, driven by increased client activity and favorable market conditions.

Why you shouldn't store your money in payment apps

Payment apps provide convenience but pose risks due to lack of traditional banking protections and loss of potential interest from high yield savings.
#financial-technology

A Bank of America outage is showing blanked-out account balances

Bank of America experienced an outage this week preventing customers from accessing their account balances, showing $0 or unavailable messages.

Is Chase UK fighting off challengers, or is it the other way around? - Tearsheet

JPMorgan is entering the UK market by leveraging strategies from challenger banks to enhance its digital offerings.

A Bank of America outage is showing blanked-out account balances

Bank of America experienced an outage this week preventing customers from accessing their account balances, showing $0 or unavailable messages.

Is Chase UK fighting off challengers, or is it the other way around? - Tearsheet

JPMorgan is entering the UK market by leveraging strategies from challenger banks to enhance its digital offerings.
morefinancial-technology

AIB announces new process to make online banking easier without need for card readers

AIB introduces 'selfie check' for secure payments without card readers, enhancing user experience.
Facial biometrics are central to identity verification in the new process.
#financial-inclusion

Exclusive: Fast-growing neobank Comun raised $21.5M just months after its last raise

Comun's rapid fundraising success highlights its unique position in the market, driven by significant growth and addressing the needs of Latino immigrants.

How Black Banx is bridging the gap in financial inclusion - London Business News | Londonlovesbusiness.com

Black Banx innovates digital banking to enhance financial inclusivity globally.

Exclusive: Fast-growing neobank Comun raised $21.5M just months after its last raise

Comun's rapid fundraising success highlights its unique position in the market, driven by significant growth and addressing the needs of Latino immigrants.

How Black Banx is bridging the gap in financial inclusion - London Business News | Londonlovesbusiness.com

Black Banx innovates digital banking to enhance financial inclusivity globally.
morefinancial-inclusion

up's hi-fi: the financially sound system blends art and music to help aussies master money

Up presents Hi-Fi, an immersive installation merging financial data with art and music, redefining traditional banking experiences for Gen Z and Millennials.
#ux-design

Debunking 'Dumb Customer' Myth: What's Wrong with Digital Banking UX

The main challenge in digital banking is the unintuitive interfaces that frustrate users, not their lack of understanding.

Debunking 'Dumb Customer' Myth: What's Wrong with Digital Banking UX

Complex digital banking interfaces cause user dissatisfaction; poor UX design often blamed for customer complaints.

Debunking 'Dumb Customer' Myth: What's Wrong with Digital Banking UX

The main challenge in digital banking is the unintuitive interfaces that frustrate users, not their lack of understanding.

Debunking 'Dumb Customer' Myth: What's Wrong with Digital Banking UX

Complex digital banking interfaces cause user dissatisfaction; poor UX design often blamed for customer complaints.
moreux-design

Chime and Dave execs are coming to TechCrunch Disrupt 2024 | TechCrunch

The rise of neobanks challenging traditional banks has led to substantial growth in customers and revenue for companies like Chime and Dave.

Hong Kong Digital Bank Mox Adds Crypto ETFs, Plans Direct Crypto Investing

Mox, a digital bank subsidiary of Standard Chartered, is offering crypto ETFs with plans for direct crypto investments, standing out with low fees.

Exclusive: Digital banking startup Mercury abruptly shuttered service for startups in Ukraine, Nigeria, other countries

Mercury ceased service to specific countries, including Ukraine, due to risk avoidance amid federal scrutiny and tightened eligibility requirements for compliance.

Battle in Digital Banking Innovations: Tech Obsession vs. User Needs

A user-driven approach to innovation is essential for the success of financial brands in the digital age.

Spanish banking giant to enter market in huge boost for competition

The entry of Spain's Bankinter into the Irish banking market is expected to increase competition and bring more choices and value to customers.

India bank banned from opening new accounts over IT risks

The Reserve Bank of India has banned Kotak Mahindra Bank from acquiring new customers due to serious deficiencies in IT management.

Fold Adds New Feature And Team Member To Better Bank Bitcoiners

Fold introduces Direct to Bitcoin feature for Bitcoin Checking Account, allowing users to auto-convert fiat to bitcoin seamlessly.

Amsterdam's FINOM launches local IBAN accounts in Spain - Silicon Canals

FINOM launches local IBAN accounts in Spain, offering enhanced financial services for businesses and entrepreneurs.

Nordic banks pursue AI in battle with digital competitors | Computer Weekly

Nordic banks are leveraging AI and tech partnerships to compete with digital banking rivals more efficiently.

How to build a B2B brand that delivers lasting value | MarTech

The digital banking revolution often falls short of the seamless experience promised, revealing hidden fees and lack of tailored services.
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