All posts tagged "digital banking"
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176Fintech NewsHow 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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231Fintech News
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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215Fintech News
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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247Fintech News
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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228Fintech News
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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148Fintech News
The Future of AI in Digital Banking
Bank of America’s virtual assistant Erica crossed 2 billion client interactions in October 2024, six years after its launch. In the most...
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110Fintech News
How AI Improves Financial Customer Experience
Lemonade, the insurance company, paid a claim in three seconds. A customer filed a claim through the app, Lemonade’s AI reviewed the...
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146Fintech News
How AI Platforms Are Transforming Banking
In September 2023, Goldman Sachs quietly disclosed that it had deployed an internal AI platform capable of generating code, summarising documents, and...
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260Fintech News
How Fintech Innovation Is Transforming the Global Financial System
Global fintech investment reached $51.4 billion in 2024, according to CB Insights’ State of Fintech 2024 report. That figure, while down from...
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206Fintech News
How Fintech Is Shaping the Future of Financial Services Delivery
Financial services delivery reached 78% digital penetration across developed markets in 2024, according to McKinsey’s Global Banking Annual Review. That figure was...
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206Fintech News
The Impact of Fintech on Global Banking Competition
Fintech companies captured approximately $150 billion in banking revenue globally in 2024, representing 5% of total banking revenue, according to McKinsey’s Global...
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218Fintech News
Why Customers Are Choosing Digital Banks Over Traditional Banks
A 2025 J.D. Power survey of 90,000 retail banking customers across 18 countries found that digital banks outperformed traditional banks on customer...
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200Fintech News
How Fintech Innovation Is Reducing Friction in Financial Services
The average time to open a bank account dropped from 5 days to 3 minutes between 2015 and 2025, according to McKinsey’s...
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261Fintech News
The Rise of Neobanks and the Future of Retail Banking
The global neobank market reached $150 billion in valuation in 2025, according to Grand View Research. Neobanks now serve more than 500...
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228Fintech News
How Fintech Startups Are Driving Financial Inclusion Worldwide
An estimated 1.4 billion adults worldwide remain unbanked, according to the World Bank’s 2024 Global Findex Database. That number has decreased from...
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220Fintech News
How Financial Technology Is Redefining Consumer Banking
Consumer adoption of digital banking services reached 78% across developed markets in 2024, according to McKinsey’s Global Banking Annual Review. In the...
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252Fintech News
The Increasing Role of Technology in Financial Services
Global spending on technology in financial services reached $590 billion in 2025, according to IDC’s Worldwide Financial Services Technology Spending Guide. That...
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221Latest News
Neobank Consolidation Never Happened: Why the Sector Keeps Growing
Most analysts expected neobanks to consolidate in 2025. The opposite happened. The number of neobanks operating worldwide grew from 397 to 451...
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377Fintech News
Why Digital Banking Customers Are Expected to Exceed 3.6 Billion by 2028
The number of digital banking customers worldwide is expected to exceed 3.6 billion by 202845% of the global population and more than...
