Fintech News
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285How Digital Banks Are Building Scalable Financial Platforms
Nubank processes over 2 billion transactions per quarter for 100 million customers across Brazil, Mexico, and Colombia. Its technology team numbers around...
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344
The Evolution of Modern Banking Technology
The first ATM was installed outside a Barclays branch in Enfield, north London, on 27 June 1967. The customer inserted a paper...
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277
The Role of Technology in Future Banking Systems
The European Central Bank began a two-year preparation phase for a digital euro in November 2023. The Bank of England launched a...
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289
Why Banking Infrastructure Is Becoming Digital
In March 2023, Silicon Valley Bank collapsed in 44 hours. The trigger was a bank run, but the speed was digital. Depositors...
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243
How Digital Banking Improves Customer Experience
In 2019, the average wait time to speak with a customer service representative at a major US bank was 11 minutes. By...
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259
How Fintech Platforms Are Powering Banking Innovation
In 2021, a community bank in rural Nebraska with 14 employees and $200 million in assets launched a fintech-powered savings product that...
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273
Why Fintech Is Driving Banking Evolution
In 2014, Jamie Dimon, CEO of JPMorgan Chase, wrote in his annual shareholder letter that Silicon Valley was coming to eat banking’s...
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298
The Expansion of Neobank Services Globally
Revolut launched in the United Kingdom in 2015 as a travel money card. By the end of 2024, it operated in 38...
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255
The Rise of Banking-as-a-Service Platforms
In 2019, a company called Unit launched with a single product: an API that let any software company offer bank accounts to...
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276
How Digital Banking Improves Financial Accessibility
A farmer in rural Kenya can receive payment for her crops, save a portion in a digital account, pay her children’s school...
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259
Why Technology Is Transforming Banking Operations
HSBC’s global payments division processes approximately 4.5 million transactions per day. In 2019, a single compliance check on a cross-border payment required...
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219
How Fintech Is Reinventing the Banking Model
For 400 years, banking worked on a simple model: take deposits, lend money, charge the borrower more than you pay the depositor,...
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251
The Next Generation of Banking Platforms
Antony Jenkins spent five years as CEO of Barclays, one of the world’s largest banks, trying to modernise its technology from the...
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262
The Growth of Global Neobank Ecosystems
Revolut is not just a bank. It is a financial ecosystem with 50 million customers across 38 markets, offering current accounts, savings,...
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272
How Fintech Companies Are Building Banking Infrastructure
Marqeta went public in 2021 at a $15 billion valuation. The company does not issue credit cards to consumers, does not hold...
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251
Why Banking Innovation Is Accelerating
JPMorgan Chase spent $17.1 billion on technology in 2024. That figure, larger than the annual revenue of most fintech companies, represents a...
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262
How Artificial Intelligence Is Transforming Financial Services
JPMorgan Chase employs more than 2,000 data scientists and machine learning engineers. The bank’s COO disclosed this figure during an investor presentation...
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185
The Role of AI in Modern Fintech Platforms
Klarna processes roughly 2 million transactions per day across 45 markets. In 2024, the Swedish buy-now-pay-later company announced that its AI-powered customer...
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271
Why Machine Learning Is Critical to Fintech Innovation
In 2012, a team at the University of Toronto entered an image recognition competition and won by a margin that stunned the...
