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1709

Start-up bank Tandem is raising $1.4M by crowdfunding

By Arjun Kharpal for CNBC

British “challenger” bank Tandem is to kick off a £1 million ($1.46 million) crowdfunding drive in a bid to get more people involved in the start-up’s upcoming launch and attract customers. (more…)

Banks, Deals, Fintech news, Global trends, InspirAsia, Mobile-first banks, news

April 29, 2016

731

On the move

Speacial by the Economist

Much hangs on mobile money (more…)

Global trends, InspirAsia, Mobile payments/banking, Mobile-first banks, Remittances

April 20, 2016

824

Record number of customers switch their bank account

By Tim Wallace for the Telegraph

Record numbers of bank customers switched their current account to a rival lender last month, hinting that competition between banks may at last be taking off. (more…)

Banks, Global trends, Mobile-first banks

April 20, 2016

951

Banking industry primed for a pocket-sized revolution

By 

ondo, the latest challenger bank aiming to take a chunk of business from the established high street lenders, is unlike any UK financial institution that has come before it.

(more…)

Banks, Fintech news, Global trends, InspirAsia, Mobile-first banks

March 28, 2016

1369

Hong Kong to get new mobile bank

By Finextra.com

Neat, a mobile banking startup in Hong Kong that blends machine intelligence with biometric security, has opened its waiting list to university students and young professionals with a view to a Q2 2016 launch. (more…)

Banks, Fintech news, Hong Kong, Mobile-first banks

March 21, 2016

730

This Bank Wants to Be Your Best Friend

By Leena Rao for the Fortune magazine

If you’re a millennial, that is. SoFi will help with your job, your love life—and your finances. (more…)

Banks, Fintech news, Global trends, Mobile-first banks

March 20, 2016

939

What Do Millennials Want from Banks? Everything. Nothing. Whatever.

By Brian Yurcan for the American Banker journal

So, do millennials hate banks or do they love them?

(more…)

Banks, Cashless, Fintech news, Global trends, InspirAsia, Mobile-first banks

March 17, 2016

1523

FinLeap and SolarisBank launch “Banking as a Platform”

By Steve O’Hear for the Techcrunch.com

Offering what it calls Banking-as-a-Platform, FinLeap, the German fintech ‘startup factory’, has hatched its latest venture. (more…)

Banks, Deals, Fintech news, Mobile-first banks

March 15, 2016

14753

Banking-as-a-Service: Common play of banks and fintech

The current state of Banking-as-a-Service (BaaS) industry. 

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Banks, Cashless, Fintech news, Global trends, Hotnews, Mobile-first banks

March 14, 2016

570

BBVA continues its fintech acquisition run, buys Holvi, an online-only business bank

By Ingrid Lunden for techcrunch

Spanish banking giant BBVA has made another M&A play as it looks for a bigger role in the next generation of financial services: today the company has announced the acquisition ofHolvi, an online-only bank for entrepreneurs and SMBs based out of Finland. (“Holvi” means “vault” in Finnish.) (more…)

Banks, Mobile-first banks

March 13, 2016

1532

Mckinsey & Co : Cutting through the noise around financial technology

By Miklos Dietz, Somesh Khanna, Tunde Olanrewaju, and Kausik Rajgopal for Mckinsey & Company 
We estimate there are today more than 2,000 start-ups offering traditional and new financial services. Here’s how banks should respond.

(more…)

Banks, Fintech news, Global trends, Mobile-first banks

March 10, 2016

993

Fastest Crowdfunding Ever: £1 million in 96 Seconds

By Tom Blomfield, Mondo

Yesterday at 1pm we relaunched our crowdfunding round after overwhelming demand crashed Crowdcube’s servers on Monday. (more…)

Banks, Fintech news, Mobile payments/banking, Mobile-first banks

March 4, 2016

5307

Life.SREDA VC report: Neo- and challenger banks are coming

Key findings on upcoming trends in the banking sector. 

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Analytics, Banks, Fintech news, Global trends, Hotnews, Mobile-first banks

March 3, 2016

1119

The bank that fintech built: Number26 and TransferWise team up to re-invent banking

By Paul Sawers for VentureBeat

Two European fintech startups are teaming up to give a glimpse of what the bank of tomorrow could look like. (more…)

Banks, Fintech news, Mobile-first banks

February 25, 2016

1049

597

Deals: Personal finance website partners OCBC to offer home loan with a rate of 1.63%

By Rachel Boon for StraitsTimes,

SINGAPORE -Personal finance portal MoneySmart.sg will offer an OCBC Bank home loan for a limited period. (more…)

Banks, Deals, Fintech news, Japan, Mobile-first banks, SME

February 12, 2016

643

Why a former trust company launched a digital-only bank

By Mary Wisniewski for the American Banker Magazine,

Rather than partner with a neobank, a more than 45-year-old Canadian financial services company chose to build a digital-only brand to acquire retail customers and to control the user experience. (more…)

Banks, Fintech news, Mobile-first banks

February 4, 2016

1492

The hottest European fintech startups in 2015

EU-STARTUPS: In the last decade, there were a bunch of really successful fintech companies that started in Europe. Companies like Klarna, Adyen or Transferwise (to name just a few) changed the way we do payments or the way we transfer money overseas. By pursuing radical new concepts, these fintech startups became some of Europe’s most valuable companies within just a few years.

(more…)

eWallets, Fintech news, Mobile payments/banking, Mobile-first banks, news, p2p-payments, p2p/online lending, POS/mPOS and online acquiring, Remittances

July 10, 2015

1407

Innovation in banks: Barklays, RBS, Citi, Standard Chartered

BLOOMBERGVIEW: What kind of chief executive does a big modern bank need? Apparently not a traditionally hypercompetitive investment banker like Anshu Jain, who lost his co-CEO job at Deutsche Bank last month — but evidently not a quiet retail banker like Antony Jenkins, Barclay’s freshly ousted chief, either.

(more…)

Analytics, Fintech news, Global trends, Mobile-first banks, news

July 8, 2015

928

Britain Just Gave The Green Light To A Bank With No Branches And No Website — Just An App

Business Insider: Atom Bank, the online-only challenger bank, just won a banking licence to operate in the UK and plans to launch later this year. Unlike traditional banks — and even some challengers — Atom Bank won’t have any branches or even a website initially, operating purely though a mobile app. (more…)

Fintech news, Mobile-first banks, news

June 24, 2015

1218

Why Would A Digital Bank Have Branches? (CheBanca! case study)

The Finanser:  I just visited with Roberto Ferrari at CheBanca! in Italy.  For those who don’t know CheBanca!, it is the digital first bank launched in 2008 by Mediobanca.  Mediobanca provides merchant bank services in Italy and had never had a retail bank before.  Therefore, it made sense in the post-meltdown digital age to implement a fintech bank fit for Italy, and CheBanca! claims to be that bank.   (more…)

Mobile-first banks, news

May 27, 2015

638

GoCardless Founder Tom Blomfield’s New Startup Is A “Full Stack” Mobile-First Bank

TECHCRUNCH: We already knew that GoCardless co-founder Tom Blomfield was working on a new U.K. banking startup, but now, thanks in part to a noisy series of Tweets from investors, developers and the company’s own Twitter account, more details have emerged. Dubbed Mondo, the startup is described as a “full stack” and mobile-first bank, in reference to the fact that it isn’t simply a mobile app piggybacking existing banking software or an existing bank in order to offer a better User Experience. Instead, my understanding is that the company’s plans and accompanying technology is considerably more ambitious. (more…)

Fintech news, Mobile-first banks, news

May 26, 2015

1661

Brett King’s Moven 4.0 (one of Life.SREDA’s portfolio companies) wins Best in Show at Finovate

THE FINANSER: I’ve been involved in Brett King’s new venture, Moven, since its inception and was pleased to see the new renovated version won Best in Show at Finovate yesterday in San Jose.  In a key announcement, Moven has partnered with Accenture to roll out their capabilities worldwide and, in what many are referring to as Bank 4.o, demonstrated key new features including links to the Apple Watch and a feature called Impulse that locks up your money unless you explicitly unlock it. (more…)

Fintech news, Hotnews, Mobile-first banks

May 14, 2015

718

Debunking Myths Around Apple Pay Fraud

THE NEXT WEB: Last month David Bozin discussed how Apple Pay was highlighting crucial flaws in how banks deal with digital payments. This month, Judo CEO Dennis Jones explores fraud in m-payments and the myths surrounding it. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks

April 9, 2015

793

Google Wallet Adds New Integrations With Shopify, Seamless, Dunkin’ Donuts And More

TECHCRUNCH: Google has been stepping up its game in mobile payments the last several months, buying Softcard’s point-of-sale tech and making some international advances for its money transfer service. Today it’s adding another crucial piece to mix: some key integrations with merchants and merchant platforms. Customers that use Android apps from Dunkin’ Donuts and Seamless, and merchants that build online stores through Shopify, will now all be able to access Google Wallet to make and accept quick payments. (more…)

eWallets, Fintech news, Mobile payments/banking, Mobile-first banks

April 9, 2015

629

BBVA Compass Goes Live With Real-Time Payments

Ben Milne in The Dwolla Blog: Real-time is here for everyone and there’s no turning back. It’s not just an idea. FiSync allows money to move like you’d expect it to: instantly. Dwolla’s FiSync protocol facilitates secure real-time payments that bypass traditional networks. Transactions initiated via FiSync are fast, secure, and available now through BBVA Compass. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks, news

April 8, 2015

839

FacePay?

TECHCRUNCH: What if buying something was as easy as Liking it? You’d probably buy a lot more, and buy it through whoever made it so damn simple. Becoming that conduit for payments means more than racking up transaction fees. For the portal to purchase influences not just how you buy, but what. Today, purchases are fragmented, and so too is that influence. We buy online and offline. Cash, Credit, PayPal, and now Apple Pay. In turn, influence splinters into ads run on television, print, digital, billboards, and other channels. Whether we want something already or not, the ads are supposed make us more intent on actually spending our money. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks, news

April 6, 2015

994

The Five Most Influential People In The Future Of Banking

Medium.com: The five most influential people in the future of banking: Brett King (CEO Moven, USA), Matthias Kröner (CEO Fidor bank, GER), Bank of Dave aka @FishwickDavid (UK), Piyush Gupta (CEO DBS bank, SG), Matteo Rizzi (General Partner SBT, Belgium) – the first two are founders of Life.SREDA’s portfolio projects.

(more…)

Fintech news, Mobile payments/banking, Mobile-first banks, news

April 5, 2015

923

Apple and Alibaba Could Destroy The Banks

BUSINESS INSIDER: The world of payment technology may be a boring one for most people, but it’s difficult to avoid exposure to it. Whether paying for your morning coffee with contactless card, buying a new TV on eBay using PayPal or paying your rent through a mobile app payment systems are an ubiquitous part of modern life. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks, news

March 31, 2015

571

Amazon’s New Unlimited Cloud Storage Is Absurdly Cheap

WIRED: The steady march towards cheaper cloud storage has just turned into a sprint. Rather than being merely competitive with leaders like Google Drive, Dropbox, and iCloud, Amazon has decided to undercut their pricing by more than half. In some cases, much, much more. (more…)

Fintech news, Influences FinTech, Mobile payments/banking, Mobile-first banks, news

March 26, 2015