Tag: Online Banking

UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.

A survey by data analytics company FICO has found up to 4% of UK consumers believe their identity has been stolen online.

Cypriot bank Hellenic Bank launched new online retail banking platform, built in partnership with Engagement Banking technology provider Backbase.

Digital banking solution developer Narmi has bagged $20.4m in its Series A funding round to help community banks and credit unions better compete against megabanks, challenger banks and FinTechs, it claims.

Digital financial institution Rising Bank has expanded into the mortgage sector by offering financial solutions through its digital platform to aid homeowners with home loan options.

Challenger bank Current claims to be the first FinTech company to receive a second stimulus payment from the US government.

Lucy, which is a neo bank designed aimed at women, has reportedly raised SGD 500,000 ($360,000) in a pre-seed funding round.

MAJORITY, a digital banking service specifically designed for immigrants has launched out of its beta test, letting anyone living in the US use the service.

Even though the coronavirus pandemic has made digital banking a must-have for banks, many of these financial institutions risk losing customers because of their clunky onboarding practices, according to a new FICO survey.

Kard, a challenger bank aimed at teenagers, has reportedly raised $3.5m in a funding round, which was led by Founders Future.