Monzo RSS

AML, Daily news, Fraud & Security, Identity, KYC, Monzo, Payments News -

Its safe to say Monzo is not having a good couple of weeks. On 30th July the company issued a PR which saw £114.8 million in pre-tax losses* last year... read more

The post Monzo in double trouble as it issues results warning and faces AML probe appeared first on Payments Cards & Mobile.

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Daily news, Kyash, M-Commerce, Mobile Banking, Mobile payments, Mobile Remittance, Mobile Wallet, Monzo, myBank, N26, Neo Bank, neo banks, Nubank, Revolut, Uala, WeLab -

There are 17 unicorn neo banks (defined by a pre-money valuation over $1 Billion) from around the world and here they have been categorised by their core product at time of launch.... more

The post Unicorn Neo Banks and their performance through COVID-19 appeared first on Payments Cards & Mobile.

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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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