Fintech funding rounds of this size are few and far between- Zopa plans to use the investment to further its plan to "be Britain's best bank."
Mobile payment rates, active digital bank users, and chatbot deployment are numbers on the rise in a report from Alkami and Cornerstone Advisors.
Business considerations may prevent large banks from tackling financial inclusion, but the tech supporting inclusion program exists.
Swift released results of new blockchain experiments, but in order to become industry standard for the technology, a shift may be needed.
In the light of the enforcement action against Farmington State Bank, Michele Alt of Klaros Group, gives four lessons for anyone considering acquiring a bank.
Creating a responsive chatbot is hard work, but it is a must if financial institutions want to attract and retain younger clients.
Warren Buffett-backed Nubank reported a 44% increase in profits in the second quarter, as it expands its customer base in Latin America.
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If a financial institution looks beyond the hype of AI and tempers its expectations, it can use AI to deliver measurable business results. That’s been the experience of Amount’s director of decision science Garrett Laird.
Pagbank reported 30 million customers, a 19% increase from 24.8 million a year earlier, now among Latin America's largest neobanks.
Many neobank unicorns' attempts at international expansion have been met with varying results. Anne Boden believes B2B is the key.