Challenger banks made their name by offering no-fee accounts with early access to paychecks and a slick digital experience. But with a proliferation of startups doing roughly the same thing — and a ...
The last few years have been a roller coaster for the financial services (finserv) industry. New technology revolutionized a finance industry that has been historically slow to innovate. Digital-first ...
EQ Bank has been making waves in the industry with its offerings. But, how does it stack up against similar institutions?
The short answer is yes…. sometimes to both. However, there is a huge change underway and enough evidence to suggest that customer and competitive pressure alone will drive more change, even without ...
The "best" Cash ISA deals of the week have been revealed, with interest rates up to 4.75%. Savers have been urged to consider ...
Over a quarter of small and medium-sized enterprises (SMEs) are considering moving to accounts offered by challenger banks, according to research. The survey of 500 senior decision-makers at SMEs, ...
Lunar, the Nordic challenger bank, is taking a step to redefine payments for enterprises by over time transitioning its Banking Services division into a new standalone entity within Lunar Group: ...
Challenger banks have been a growth story in banking in the last decade. Today there are ~450 challenger banks globally worth $300B in 2022 compared to 100 in 2017 worth 161B. However only 5% of non ...
With continuous disruption in the financial and banking space, the Middle East region has witnessed a considerable increase in digital and neobanks. However, despite the rise, there is still ...
Challenger banks have reached an “inflection point” after loan growth across the industry halved in the last year, a fresh report has warned. New analysis from Big Four firm EY showed lending growth ...