Tag: Banking Services


Saudi Central Bank debuts new open banking framework

November 7, 2022

Via: FinTech Futures

The framework includes a comprehensive set of legislation, regulatory guidelines and technical standards based on international best practices to enable banks and fintechs to provide open banking services in Saudi Arabia as early as Q1 2023. The move forms part […]


FCA proposes updated guidance to protect access to banking services

July 5, 2022

Via: FinTech Futures

This new guidance will include assessing the impact of shorter branch opening times, planned branch closures, removal or conversion of ATMs or reduction in the services they provide. The FCA has warned that “some banks and building societies are not […]


The Future of Banking in the Metaverse

May 19, 2022

Via: Bank Director

From Nike’s acquisition of RTFKT to Meta Platform’s Chairman and CEO Mark Zuckerberg playing virtual pingpong, the metaverse has evolved from a buzzword into a way of doing business. The metaverse could become a “river of entertainment in which the […]

Activity, Investment Banking, Retail Banking

Migrant banking start-up Majority raises $19m in seed funding

June 23, 2021

Via: FinTech Futures

The firm says the funds will be used to expand its suite of banking services and accelerate hiring. Founded in 2019 as the first mobile banking service for migrants, Majority initially started operations in Texas and Florida, focused on the […]

Activity, Retail Banking

The Missing Piece in Customer Engagement Strategies

March 30, 2021

Via: Bank Director

Usage of appointments in banking has increased significantly since the outbreak of the coronavirus, and is expected to continue in a post-pandemic world. Appointments increased nearly 50% in the second half of 2020, according to customer usage data, allowing banks […]


Your Bank’s Answer to the Cannabis Conundrum

May 30, 2019

Via: Bank Director

Banks should not wait on lawmakers taking action on the myriad of proposed cannabis banking bills to make important strategic decisions about servicing marijuana-related business. It is unclear if any of the proposed cannabis banking bills will gain enough traction […]


Why companies from T-Mobile to SoFi want to get into banking

April 19, 2019

Via: Market Watch

T-Mobile TMUS, +1.78% doesn’t just want to be a company that provides you with cell phone service and cable television. It also wants to be your bank. T-Mobile is rolling out a mobile-banking service, called T-Mobile Money, nationwide, the company […]

Capital and Risk, Credit

AI-based credit scores will soon give one billion people access to banking services

October 9, 2018

Via: Market Watch

You may not think the number of words in an email subject line says anything about you, but at least one company is betting that the metric can help determine your likelihood of paying back a loan. LenddoEFL, based in […]

Activity, Investment Banking

First Internet Bank forms alliance with Lendeavor

September 7, 2017

Via: Finextra

First Internet Bank, a pioneer in the branchless delivery of banking services, today announced a national strategic partnership with Lendeavor, Inc., a San Francisco-based technology-enabled lender to healthcare practices. The partnership comprises a loan-purchase agreement and an equity investment in […]

Retail Banking

5 VIP Private Banking Services You Never Knew Existed

March 2, 2017

Via: GOBankingRates

High net worth individuals (HNWIs) tend to have complex financial portfolios and need special services to organize, manage and grow their assets. Services like these typically fall under the category of VIP private banking, which is a thriving industry. In […]

Retail Banking

Banking 101 Guide: Tips and Terms to Know Before Opening Your First Account

August 19, 2016

Via: GOBankingRates

It’s time to open a new bank account. Perhaps you’re getting your first job after years as a college student who didn’t have much use for a bank. Or perhaps your parents set up an account for you as a […]

Retail Banking

6 Banking Services That Will Be Obsolete in 10 Years

August 12, 2016

Via: GOBankingRates

For decades, banking was a mundane, routine task. You visited a local branch to open or close accounts, deposit, withdraw and transfer funds. If you wanted to apply for a mortgage or loan, you made a personal appointment with a […]