Technology

The neobank is preparing to accelerate its banking-as-a-service offering to businesses following a new partnership with embedded finance platform Railsbank.

The technology company has launched a new fund designed to invest in technology scale-ups that are aiming for exponential growth.

The document collection and curation platform has qualified as an accredited data recipient under the Consumer Data Right.

Nearly half of all global banks want to become digital ecosystems in the wake of open banking, with incumbent banks set to benefit the most from the regime, according to a report.

Escientia’s commissions management platform Assist Commission has launched a SaaS platform that connects payments on a cloud-based platform.

The debt-collecting fintech has partnered with information services company Experian in a bid to enhance their clients’ collections process.

The digital lender has partnered with fintech OCR Labs to implement a new verification of identity system.

Fintechs, including UK-based Monzo Bank, could face the same fate as Xinja unless they create a sustainable future, GlobalData has warned.

The fintech’s debit card and pay facilities will come offline today following the neobank’s decision to exit the banking business.

The rapid “pivot” to digital services during COVID-19 has accelerated the ongoing decline of consumer trust in banks, according to a new report.