Tags Challenger bank

Tag: challenger bank

Rich people neobank Monument receives restricted banking licence in the UK

The challenger bank for the wealthy Monument has received an authorisation with restriction banking licence from the Prudential Regulation Authority and the Financial Conduct Authority 18 months after its launch.

How OakNorth has weathered the Covid-19 crisis and Brexit so far

Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.

Challenger bank Knab taps facial biometrics company iProov for its customer...

Dutch online bank Knab prides itself on supplying a human service backed by the latest technology. To that end, it has just teamed up with biometrics company iProov.

Neobank indó taps Enfuce to ensure it can launch Iceland’s first...

Icelandic challenger bank indó has inked a partnership with open banking and payments startup Enfuce, ensuring it can rely on the Finnish venture's compliance and industry expertise.

Swiss neobank YAPEAL is the first company to receive a FinTech...

The European challenger bank market is about to get more crowded as YAPEAL secured a FinTech banking licence from FINMA, Switzerland’s independent financial markets regulator.

Revolut is lining up to apply for a UK banking licence...

From: FinTech Global Challenger bank Revolut is preparing to submit a banking licence application to the Bank of England. The neobank, which raised a $500m round a...

Monzo founder says the “positive effect of open banking on innovation...

When open banking was first introduced, it was suggested that it would enable both big banks and smaller firms to innovate. However, the founder of Monzo believes there has been zero positive effects of open banking so far.

N26 pulls the plug on UK operations due to Brexit and...

The UK has officially left the EU. Now, a huge European FinTech company has pulled the plug on its British operations.

German regulator BaFin has reportedly warned N26 to improve its fraud...

German challenger bank N26 is reportedly being told by the country’s banking regulator BaFin to improve its response to fraud.

US challenger bank Varo Money partners with Feedzai

Challenger bank Varo Money has teamed up with Feedzai to support its fraud prevention capabilities.

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