Banking as a service is one of the hottest trends in fintech today with fintechs, service providers and banks all...
AltFi takes a look at how the digital banks are hiring as many of the top names have all raised...
Surveys by finance site Smart Money People and RFI Group both point to an important time for UK based digital banks; Starling Bank and Monzo were the top two banks in customer satisfaction according to Smart Money People; RFI Group found UK customers willing to use a digital only bank dropped from 78 percent to 54 percent in the past year; while the digital only banks please customers more they are beginning to run up against incumbent competition for a similar experience; digital only banks need to begin thinking about building long term businesses as the old guard catches up. Source.
Only 98,192 account switches took place in Q2 2020, down 65 percent from Q1 when more than 280,000 switches took...
According to a new survey by Starling Bank UK based small businesses spend about 15 hours a week or 10...
Here are the most read news stories from our daily newsletter today: The Clearing House On The Race for Real-Time...
TearSheet sat down with Megan Caywood, co-founder and chief platform officer at Starling Bank, to talk about the digital bank’s success so far; the interview covers the biggest issues with banking today, the issues Starling Bank is trying to solve, differentiating from other digital banks, customer acquisition and more. Source.
UK based challenger banks Starling Bank, Metro Bank and ClearBank were awarded more than $365mn of the RBS Competition Fund;...
UK fintech investment dropped 39 percent for the first half of 2020 to $1.84bn, down from $3bn in the first...
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