From London to the World: Revolut’s £10B+ Expansion
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Paraguay Takes Over Ueno Bank, a Digital Lender With 3 Million Customers
Hey Digital Banking Fanatic!
What happens when regulators take over a digital bank used by most of a country's adults?
Paraguay is about to find out. Its central bank has put Ueno Bank into resolution after the lender's solvency ratio fell below half the legal minimum.
CIBC Becomes the First Large Canadian Bank to Adopt Vault Core
Hey Digital Banking Fanatic!
Core banking rarely makes the headlines, but this one is worth a closer look.
CIBC has picked Thought Machine's Vault Core as the foundation for its retail banking technology. That makes it the first large Canadian bank to adopt the platform.
It starts small.
Revolut and Monzo Go After UK Small Businesses
Hey Digital Banking Fanatic!
We've already seen Revolut launch personal loans and Monzo open its doors in Spain. Now both are going after a group the big banks have long had to themselves: small businesses.
Bloomberg reports that Britain's digital banks are competing for the country&