Filipino organisation UnionDigital Bank has transitioned its core banking system to the cloud in 35 days thanks to Huawei and Chinese fintech firm Sunline…
Marqeta Becomes Exclusive Issuer Processor for Varo Bank
Card issuing platform Marqeta signs five-year deal with Varo Bank to become exclusive issuer processor in the US…
Revolut Receives UK Banking Licence
Revolut has entered the PRA's ‘mobilisation’ stage after receiving authorisation with restrictions to complete the build-out of their banking operations…
Sustainable Finance: Deutsche Bank Issues €500m Social Bond
Deutsche Bank has announced the issuance of its inaugural €500m (US$541.3m) social bond – a significant step on its path to sustainable finance…
FlowX.AI: Empowering Banks to Build Modern Apps & Platforms
Co-founder and CEO Ioan Iacob reveals how FlowX.AI's modernisation & integration platform helps banks consolidate systems and build robust digital products…
People Moves
Recent executive shake-ups in the fintech industry: Key c-suite and leadership changes…
Sustainable Banking: Why Banks Need to Take Action Now
The awareness to achieve sustainability in banking is there. But are financial institutions responding to calls to action quickly enough?…
Revolut Hits Record US$553m Profit; Seeks US$40bn Valuation
This week, leading UK neobank Revolut made a record pre-tax profit of £438m (US$553.1m) for 2023, owing to user growth and soaring interest-related income…
