A mid-sized bank in the Philippines needs to launch a digital savings account within six months. Building the required infrastructure internally would...
A bank in Nigeria launches a USSD-based savings product that allows customers to open accounts using basic feature phones. A bank in...
Monzo reported a pre-tax profit of £113.9 million in 2025 while serving 12 million customers with no branch network, no legacy core...
A core banking system at a top-20 European bank runs on COBOL, a programming language created in 1959. The system processes millions...
A wire transfer between two banks in the same city still takes a full business day at most traditional institutions. The customer...
Chime, a fintech-powered bank that holds no banking charter of its own, reported 22 million active accounts at the end of 2024,...
Revolut added 12 million customers in 2024 alone, bringing its total to 50 million across 38 markets. Nubank crossed 100 million accounts...
In 2022, Standard Chartered needed a digital-only bank for the Hong Kong market. Rather than spend three to five years rebuilding its...
When ING Group decided to rebuild its retail banking platform in 2018, it did not hire IBM or Accenture. It partnered with...
In 2014, Jamie Dimon, CEO of JPMorgan Chase, wrote in his annual shareholder letter that Silicon Valley was coming to eat banking’s...
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...
For 400 years, banking worked on a simple model: take deposits, lend money, charge the borrower more than you pay the depositor,...
JPMorgan Chase spent $17.1 billion on technology in 2024. That figure, larger than the annual revenue of most fintech companies, represents a...
Digital banks held approximately 8% of global retail banking deposits in 2025, up from less than 2% in 2019, according to a...