Nubank Surpasses 100 Million Customers
- 5 days 15 hours ago
- Digital banking
Nubank announced today that it has surpassed 100 million customers in Brazil, Mexico, and Colombia, making it the first digital banking platform to reach this milestone outside of Asia. The achievement comes on the heels of record 2023 financial results, with over US$1 billion in net profit and over US$8 billion in revenues, which attest to the solidity, efficiency, and scalability of Nubank’s business model.
Bottomline Leadership in Commercial Digital Banking Recognized by The Digital Banker for Outstanding Platform Implementation Honors
- 1 week 14 hours ago
- Digital banking
Bottomline, a global leader in business payments, has won top honors at the annual Digital CX Awards, hosted by The Digital Banker. Bottomline won the category Outstanding Platform Implementation for Digital CX. The Digital CX Awards is the world’s only program dedicated to recognizing and benchmarking innovation in digital customer experience across the financial services sector.
Unlimit and Velmie Unite to Accelerate European FinTech Growth
- 1 week 15 hours ago
- Digital banking
Unlimit, a leading global fintech company, has today announced the partnership of its Banking as a Service (BaaS) platform with digital banking solutions provider Velmie.
Fils Partners with TPS to Drive Sustainability and Climate Action in Pakistan's Digital Banking Sector
- 1 week 6 days ago
- Digital banking
Fils, the fast growing, UAE-based enterprise-grade digital infrastructure provider enabling companies to embed sustainability and climate action into their business models, today expands its offerings to Pakistan with a strategic partnership with TPS, a leading digital banking and payments solution provider powering banks, digital banks, fintechs, payment processors, merchants, and telecoms around the world.
Zopa Bank Reports First Full Year Profit
- 4 weeks 15 hours ago
- Digital banking
Digital bank Zopa today reports its first full year of profitability. Launched in June 2020, the milestone makes Zopa one of the fastest digital banks in the UK to turn an annual profit. Zopa Bank swung to a pre-tax profit of £15.8 million for the financial year ending 31 December 2023 from a pre-tax loss of £26 million for the year ending 31 December 2022. Total operating income for the same period to 31 December 2023 was £222 million, up 47.8... more
CFCU Leverages Pulsate’s Mobile-first, Personalized Member Engagement Solutions through the Constellation Digital Banking Platform
- 4 weeks 1 day ago
- Digital banking
Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, announced today that CFCU Community Credit Union (CFCU) has chosen Pulsate as its premier marketing engine for its ability to meet individual members’ needs throughout all phases of life.
Flagright Partners with Nodabank to Elevate Digital Banking Security
- 1 month 3 days ago
- Digital banking
Flagright, a leading innovator in AI-native Anti-Money Laundering (AML) compliance and fraud prevention solutions, is proud to announce its latest customer, Nodabank, a cutting-edge digital bank. This collaboration aims to set a new benchmark for digital banking security, combining Flagright's advanced security technologies with Nodabank's innovative banking services.
Neobanks Continue to Outpace Legacy Bank Apps With 18M More App Users in 2023
- 1 month 4 days ago
- Digital banking
An analysis from App Radar by SplitMetrics has revealed how European and UK neo and legacy banks have performed in 2023 when compared to 2022.
Danske Bank Invests in Cloud Technology and Signs a Multiyear Agreement With AWS
- 1 month 2 weeks ago
- Digital banking
Danske Bank has signed a mult-iyear agreement with Amazon Web Services (AWS). As part of their Forward’ 28 strategy, Danske Bank are offering their customers new digital solutions, more self-service options, and easy and quick access to daily banking needs, while becoming a more efficient bank. Additional investments in digitalisation and cloud technology are one means of achieving this strategic goal.
Fimple Announces Strategic Partnership with CR2 to Enhance Digital Banking and Payments Solutions
- 2 months 2 weeks ago
- Digital banking
Fimple, a leading provider of core banking and financial solutions, is thrilled to announce a strategic partnership with CR2, a global pioneer in the digital banking and payments industry. This partnership is set to revolutionize the way banks engage with their customers, offering unparalleled digital onboarding, transaction capabilities, and customer engagement through CR2’s innovative platform.
Mastercard Open Banking Enhances the Debit and Prepaid Digital Account Opening Experience
- 2 months 2 weeks ago
- Digital banking
Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S. The program improves the digital account opening process by verifying account ownership, lowering account abandonment, reducing non-sufficient fund (NSF) returns, and minimizing manual entry of payment... more
audax Financial Technology and Thought Machine Join Forces to Create Customised End-to-end Digital Banking Solutions
- 2 months 2 weeks ago
- Digital banking
audax Financial Technology, a comprehensive digital banking technology solutions provider backed by Standard Chartered, and Thought Machine, a global leader in next-generation core banking technology, have announced a strategic partnership to transform and modernise the banking technology landscape.
Alkami Releases Research to Measure Digital Maturity in Financial Institutions
- 2 months 4 weeks ago
- Digital banking
Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today launched the Alkami Digital Sales & Service Maturity Model, based on research conducted across 215 US financial institutions with at least $200 million in assets and completed December of 2023.
Neobank Dave Joins the American Fintech Council to Create Financial Inclusivity in Digital Banking
- 3 months 1 day ago
- Digital banking
Dave Inc., one of the nation's leading neobanks, today announced it has become the newest member of the American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks. Dave joins a diverse group of AFC members to progress fintech innovation, focusing on creating inclusive digital banking services and products for consumers not well-served by incumbent banks.
BMO Scales Digital Banking Capabilities for Customers Worldwide with Dynatrace
- 3 months 1 day ago
- Digital banking
Dynatrace, the leader in unified observability and security, today announced that BMO, North America’s eighth-largest bank by assets, is using the Dynatrace® platform to scale its digital capabilities and deliver best-in-class experiences to customers worldwide.
