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Singapore’s DBS bank has decided to go for the mass-market retail customers and has launched a mobile-only bank. The bank say the product will be completely paperless and branchless and will allow customers to open accounts by using Aadhaar card, the biometric authentication, at various companies it has tied up with. At present, the lender has tied up with [...]

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CaixaBank is launching imaginBank, Spain’s first mobile-only bank providing banking services exclusively through mobile apps and social networks. CaixaBank currently services 2.9 million customers aged between 18 and 35, with a market share in this segment of 30%, meaning one in three individuals in Spain in this age range are CaixaBank customers. The bank, led [...]

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