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
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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
Google has announced that it has been granted an e-money licence and authorised as a payment institution in the Republic of Ireland, paving the way for it to begin providing new... more
In the last couple of weeks two Challenger banks have hit the UK. N26 is a German direct bank, headquartered in Berlin, that offers its services throughout most of the... more
The post Why the High Street banks should start to be concerned by the Challenger banks appeared first on Payments Cards & Mobile.
The banking industry is changing. We’re now in an age where banks are competing on customer experience – and when it comes to making that experience better, using data to create connected customer journeys equals power. That’s because data can give banks visibility and control over the whole customer journey, rather than just the transaction [...]
The post The digital trend that’s shaping modern banking – and how to deal with it appeared first on Payments Cards & Mobile.