Friday, September 20, 2019
Tags Challenger Banks

Tag: Challenger Banks

Placing customer experience at the heart of innovation: the rise of...

The majority of traditional and challenger banks in the UK are currently lagging behind customer demand for an instant account set up, and risk missing an opportunity to attract new customers and retain existing ones. Read more: finextra

UK Challenger Banks Stumble On Stress Tests

Stress tests haven’t been kind to so-called challenger banks in the U.K., according to a Financial Times report. Read more:

New funding set to make Monzo second-largest UK fintech startup

After reportedly closing a £100 million funding round, digital challenger bank Monzo will see its valuation double to nearly £1.9 billion and become the UK’s second most valuable fintech startup, Jane Connolly reports. Read more:

Temenos Drives Digital Transformation for Africa’s Vista Bank

Vista Bank, an African challenger bank, has turned to Temenos to power its digital overhaul, reports Henry Vilar of Fintech Futures (Finovate’s sister publication). Read more:

Will challenger banks motivate change?

The need for a digital transformation of the banking industry has been obvious for years and the window of opportunity is about to close. Read more:

UK mobile banking creates challenger banks

Millions of customers across Europe are placing their money with challenger banks over traditional financial institutions. Read more:

ACORN OackNorth closes $100m funding round to support expansion of ACORN

ACORN OakNorth Holdings has closed a $100m funding round to support the global growth of its ACORN machine. Read more:

Starling reportedly partners with RBS for new secret project

UK challenger Bank Starling has reportedly formed a partnership with Royal Bank of Scotland on a secret project. Read more:

What is holding back challenger banks’ expansion?

Challenger banks’ big issue currently is they’re not actually banks and lack the experience to thrive, according to Alior Bank managing director Bruno Ferreira Read more:

For FinTech, life after disruption is a question of identity

Challenger bank Starling has recently launched what it calls a “ground-breaking” new bank card design intended to bring the brand into line with the way Read more: