Virtual Banking

Huawei Developer Conference: Brett King Talks Financial Inclusion, Banking 4.0, and More

At the 2020 Huawei Developer Conference held earlier this week, fintech influencer, best-selling author, and entrepreneur Brett King joined the finance tech.session to talk about the role of technology to improve financial inclusion and shared his views on how banking

Read More

Credit Suisse Tries to Challenge Neobanks

Credit Suisse has entered the challenger banking race with its plans to launch CSX and CSX Young, a digital banking offering at the end of October 2020. CSX claims to combine the flexibility and cost effectiveness of a digital bank

Read More

Helvetia Venture Fund Acquires Stake in Swiss Challenger Bank Neon

The Helvetia Venture Fund invested and holds a stake in neon, which offers app-based banking. This follows a previous partnership where Smile, a Swiss digital insurance solution from Helvetia, and neon offered a mobile bancassurance solution in Switzerland. This round

Read More

10% in Switzerland Use Already Neo and Challenger Banks

Neobanks are on the rise in Switzerland. Every tenth person has already used these new online banking solutions, as the latest Swiss Payment Monitor shows. At the same time, the eradication of cash is not an option for the majority

Read More

Platform-Based Banks More Profitable, Agile than Traditional Financial Institutions

In the age of disruption and increased competition from tech players, the traditional banking model is rapidly becoming outdated. For banks and financial companies, platformification is emerging as the most fitting strategy to maximized results, enabling greater agility and personalization.

Read More

UK Challenger Monzo Ranks “Top” in Social Media Mentions Amongst Neobanks

Between December 2019 and June 2020, UK digital challenger Monzo dominated the neobanking conversation across all media ahead of other regional leaders including Revolut and N26, according to a new research by Ten Bear Group and Rila Global Consulting. The

Read More

Wealth Managers Name Greenfield Digital Banking as Top Innovation Strategy

Greenfield business builds continue to be a top innovation strategy for the banking and wealth management industry, according to a new study by the Economist Intelligence Unit (EIU) and Temenos. In a report titled Forging new frontiers: Advanced technology will

Read More

Uzbekistan’s First Digital Bank Goes Live

TBC Bank, Uzbekistan’s first digital bank which is a subsidiary of the TBC Bank Group in Georgia, announced that it will be supported by Capital Banking Solutions, a provider of integrated banking software. The Capital Banking Solutions’ open platform namely

Read More

Bank Vontobel beteiligt sich an Yapeal (Technologie)

Yapeal ist das FinTech, das auf die Community setzt und diese Woche seine Konto-App im Markt lanciert hat. Eine App, welche mit starker Beteiligung der Nutzer, sprich der Community, laufend weiterentwickelt wird. Das FinTech versteht sich als Teil eines wachsenden

Read More

Credit Suisse Secures 35% of a Digital Bank in Brazil

Credit Suisse and the controlling shareholders of modalmais have signed a strategic long-term agreement that allows Credit Suisse to purchase preferred shares equivalent to up to 35% of the total capital of modalmais. Philipp Wehle, CEO International Wealth Management at

Read More