neobank

A neobank is a type of direct bank that is 100% digital and reaches customers on mobile apps and personal computer platforms only. Neobanks do not operate traditional physical branch networks.

(source: en.wikipedia.org)

Balancing Competition, Collaboration in MEA’s Evolving Digital Banking Landscape
Balancing Competition, Collaboration in MEA’s Evolving Digital Banking Landscape
October 04, 2022  |  Digital-First Banking

The displacement of traditional banks’ dominance in the delivery of financial services has been one of the defining characteristics of the FinTech boom of the...

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Eco, Zero Hash Team to Offer USDC Financial Services
Eco, Zero Hash Team to Offer USDC Financial Services
October 03, 2022  |  Cryptocurrency

Consumer finance app Eco has joined forces with Zero Hash — a crypto-as-a-service infrastructure provider — to offer stablecoin-powered financial services to customers. According to...

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Can Blockchain Help Banking-as-a-Service Leap From Commodity to Capital Access On-Ramp?
Can Blockchain Help Banking-as-a-Service Leap From Commodity to Capital Access On-Ramp?
September 26, 2022  |  Digital-First Banking

In the bid to change financial services, to broaden financial inclusion, the promise of challenger banks was that they’d upend the way financial products could...

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Bancorp Changes Status to National Bank Charter, Moves to South Dakota
Bancorp Changes Status to National Bank Charter, Moves to South Dakota
September 20, 2022  |  Digital-First Banking

The Bancorp Bank is dropping its Delaware charter to become a national bank and is now regulated by the Office of the Comptroller of the...

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Neobank IppoPay Buys Tutelar To Boost Risk Management
Neobank IppoPay Buys Tutelar To Boost Risk Management
September 06, 2022  |  Acquisitions

IppoPay, a neobank startup, has bought Tutelar, an AI-enabled risk management startup, a press release said. The deal went forward for an undisclosed amount. Tutelar’s...

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Swiss Private Neobank Alpian Teams With Visa for Multicurrency Debit Card
Swiss Private Neobank Alpian Teams With Visa for Multicurrency Debit Card
September 06, 2022  |  Digital-First Banking

Switzerland’s first digital private bank Alpian is partnering with Visa to offer a premier metal debit card across the country.    By teaming up with Visa,...

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FinTech Banks Fill SME Funding Gap Created by Russia-Ukraine Conflict
FinTech Banks Fill SME Funding Gap Created by Russia-Ukraine Conflict
August 22, 2022  |  Digital Banking

In the post-Brexit scramble to maintain their European footholds and take advantage of European passporting rules, a slew of U.K. businesses turned to FinTech-friendly Lithuania,...

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Revolut Rebrands Service for Young People as Revolut <18
Revolut Rebrands Service for Young People as Revolut
August 17, 2022  |  Digital-First Banking

Revolut, the U.K.-based neobank with more than 20 million customers worldwide, has rebranded its service for 6- to 17-year-olds, which will now be known as...

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As Macro Headwinds Mount, UK Neobanks Revisit the Profit vs Growth Debate
As Macro Headwinds Mount, UK Neobanks Revisit the Profit vs Growth Debate
July 31, 2022  |  Digital Banking

The U.K. is home to popular digital-first challenger banks valued at over $1 billion such as Monzo, Revolut and Starling. Zopa, another British FinTech which...

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