News

Digital Banking

Greenwood closes $3 million seed round to build a digital bank for black people

#BlackLivesMatter. Greenwood wants to be a digital bank for black people and business owners.

Weekly

Digital Banking Weekly #65

4th October 2020 - 11th October 2020

Digital Banking

Tallinn-based Sparq wants to create a culture of effective money management

Sparq's vision is to create a culture of effective money management using gamification tools and a human-centric approach.

Digital Banking

Biometric fintech Zwipe and TietoEVRY join forces

Biometric fintech startups Zwipe and TietoEVRY will join forces to deploy biometric payment card capabilities to Nordic banks.

Cryptocurrency

Central Bank of Netherlands gives approval crypto-service provider AMDAX

Amsterdam-based AMDAX B.V., has been registered by De Nederlandsche Bank (DNB) as the first provider of crypto services in the Netherlands. This enables AMDAX to process crypto transactions and store cryptocurrencies.

Investment

Marqeta takes strategic investment from Mastercard

Mastercard will make a financial investment in Marqeta as the two companies look to deepen their global partnership and collaboration.

Big Banks

Garanti BBVA launches numberless credit card: Bonus Diji

Garanti BBVA launches Bonus Diji, a rewards credit card that is secure, as it does not include any numbers or CVC on it.

Digital Banking

Banque Misr prepares to launch digital banking platform‍

As Covid-19 boosts the transition to a cashless society, the Egyptian bank plans to launch a wholly digital and standalone bank in the third quarter of 2021.

Banking-as-a-Service

Monese adopts Thought Machine's core banking platform

Monese to migrate European and the UK account holders onto Thought Machine's core banking platform Vault to reach more customers.

Big Banks

Barwa Bank rebrands into Dukhan Bank

Barwa Bank rebrands into Dukhan Bank, eyes ambitious business and digital transformation. The bank's new name takes after the Dukhan city, the site of the first substantial oil reserve to have been discovered in the country.

Digital Banking

Low-cost carrier AirAsia bets on digital banking

Malaysia-based low-cost carrier airline AirAsia planning to become an ASEAN's super app. AirAsia will also deliver banking solutions to its customers with BigPay.

Reports

Adjust report shows that activity in banking apps are increasing

Sessions for banking and payment apps combined increased 26% on average across the countries in the survey. While all countries saw an uptick in sessions, stand-out markets by growth rates were Japan (142%), Germany (40%), Turkey (31%), and the US (27%).