Report finds branch-based banking may become obsolete within five years
A report published by Temenos has found that 65% of global banking executives believe branch-based banking will be ‘dead’ within a five-year period.
Bari Bank introduces credit and debit card for children
Italian digital bank Bari Bank has introduced a debit and credit card supplied with pre-set funds for children and teenagers.
Emma raises £1.9m in crowdfunding campaign as it looks to launch new features
Emma, a personal finance platform, has nearly doubled its crowdfunding target to reach £1.9m.
Allianz underlines potential opportunities and disruptions for insurance sector
In a recent fireside chat, Quantexa CEO Vishal Marria spoke with Allianz Technology CFO Andrea Pettinelli to discuss where Allianz sees growth opportunities in the insurance space alongside potential disruptions caused by big market players entering the sector.
Smart secures £165m in funding to support its international growth
Global retirement savings technology platform Smart has secured £165m in its Series D, which will help it bolster its global presence.
Finastra survey finds financial industry see bright future for BaaS
A survey by FinTech giant Finastra has found banking-as-a-service (BaaS) is set to make a substantial impact on financial services over the next 12 months.
EBA report examines operating model for digital and open banking readiness
The Euro Banking Association’s (EBA) Open Banking Working Group has published a report that explores an operating model for banks on their way to digital readiness.
Mox, Mastercard team to launch new tool to simplify card payment process
Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.
BBVA executive raises digital euro concerns, questions customer demand
An executive from Spanish bank BBVA has highlighted concerns about a potential digital euro and questioned what customer demand it would meet.
German FinTechs merge to create business-to-consumer savings juggernaut
German FinTechs Raisin and Deposit Solutions have merged in a move that will see the creation of Raising DS – a new market-leading B2C savings company.