Tag: DigitalBanking
SMBC Winds Down Digital US Bank Jenius, Impacting Customers
The closure illustrates the challenges facing digital banks in the US.Highlights: SMBC announces the closure of its US digital bank, Jenius.The shutdown affects account...
Mal Raises $230M to Launch AI-Powered Islamic Digital Bank
Innovative banking aims to integrate AI with Islamic finance principles.Highlights: Mal raises $230 million for an AI-focused Islamic digital bank.The platform aims to blend...
Revolut Strengthens Presence with Peru Banking License Application
The fintech firm seeks to expand its offerings in the Peruvian market.Highlights: Revolut applies for a banking license in Peru.The move aims to broaden...
HSBC Joins Funding Round for Pan-Asia Fintech Welab
Major banking player supports Hong Kong-based digital bank's growth.Highlights: HSBC has invested in Welab's latest funding round.This investment supports Welab's growth in the Asia-Pacific...
Deutsche Bank Launches Wero: A New Era in Digital Payment Solutions
Discover how Wero enhances transaction efficiency and customer experience.Highlights: Deutsche Bank's Wero streamlines digital payments.Focuses on enhancing customer transaction experiences.Aiming to integrate cutting-edge fintech...
Co-Branded Card Provider Imprint Achieves Unicorn Status
A major milestone in the fintech landscape highlighting growth in co-branded cards.Highlights: Imprint reaches unicorn status with over $1 billion valuation.Company showcases innovation in...