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API, Atom Bank, Challenger banks, Daily news, FinTech, Mobile Banking, Monzo, N26, Open Banking, Revolut, Starling Bank, Tandem Bank -

Challenger banks have raised hundreds of millions in venture capital to take on bank incumbents. But how are these startups doing at reaching, converting, and engaging millions of customers? Challenger... more

The post The top ten challenger banks by value – and why appeared first on Payments Cards & Mobile.

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Cash, cash back, cashback, Clydesdale Bank, Daily news, MasterCard, Metro Bank, Monzo, N26, POS Terminals, Starling Bank, Virgin Money, Yorkshire Bank -

Mastercard has outlined a new initiative to increase the UK’s access to cash. Local shops and businesses who choose to offer cashback in conjunction with a purchase, will from April... more

The post Mastercard to offer retailers fee incentive to boost cashback in the UK appeared first on Payments Cards & Mobile.

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Daily news, FinTech, Mobile Banking, Monetary Authority of Singapore, Monzo, N26, neobank, Regulation, Revolut, virtual banking licenses -

The Monetary Authority of Singapore (MAS) is reported to be evaluating if it should allow FinTech companies to operate in the city under a virtual banking license. Banks in Singapore... more

The post Singapore exploring virtual banking licenses for FinTechs appeared first on Payments Cards & Mobile.

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(OBIE, API, Challenger banks, Daily news, digital bank, E-Money, FinTech, Mobile Banking, Mobile Wallet, Monzo, Open Banking, Open Banking Implementation Entity, Revolut, Starling, super app -

The journey from unbundling to rebundling and back has been a formidable one. Open Banking and emerging technologies and the pace of innovation are driving changes throughout the banking industry... more

The post Open Banking: The future of banking appeared first on Payments Cards & Mobile.

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bank account, challenger bank, Daily news, Gen-Z, Issuing & Acquiring, Millennial, millennials, Mobile Banking, Monzo, Open Banking -

Banking customers are increasingly opening multiple accounts, particularly the younger generations, with up to a third of Millennials and Gen-Zs having opened at least two new accounts in the past... more

The post One new bank account opens every 6 seconds in UK appeared first on Payments Cards & Mobile.

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