monobank Plants its Own Payment Terminal Network in Ukraine
Hey Digital Banking Fanatic!
monobank has launched its network of payment terminals across Ukrainian cities, with 1,200 already live and more to come. Customers can top up their cards free of charge.
And before I let you enjoy today's news updates, don't forget to play my quiz. This and more on monobank’s terminal push, along with other digital banking shake-ups below 👇
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NEWS
🇺🇦 monobank launches its network of payment terminals. The terminals allow customers to top up monobank cards free of charge. "We have begun installing them in Ukrainian cities and building our replenishment network," Oleg Gorokhovsky, co-owner of FinTech Band, announced on social media.
🇲🇽 Nu Mexico grows customer base by 50% in 12 months. Nu Mexico closed the second quarter of 2025 with 12 million customers, having been the first banking relationship for about 22% of them, Guilherme Lago, Nubank CFO and Nu Mexico Board’s Chairman, points out. Additionally, Nubank notches third buy upgrade in a week after earnings beat. Nubank now holds 15 buy recommendations, five holds, and two sells.
🇶🇦 Qatar's QNB first GCC bank to launch commercial unified digital wallet integration using the Mastercard gateway. With this advancement, QNB is leading the way in simplifying digital wallet acceptance for merchants through a scalable, seamless, and fully integrated solution.
🇦🇺 Infosys Finacle completes cloud banking migration for Uniting Financial Services. According to Infosys Finacle, the shift enables UFS to manage its operations more efficiently, expand its investment products, scale deposits, and strengthen its commercial loan business.
🇩🇪 Openbank migrates investment accounts to Upvest. This enables Openbank to offer a comprehensive, digital-first product range and a competitive user experience across all major asset classes to rival neo propositions. This strategic shift allows Openbank to benefit from cost-efficient investment infrastructure.
🌎 Citi gives its commercial banking platform an AI makeover to achieve client experience efficiencies as well as streamlined digital enhancements. Client feedback on the platform indicates an improved client experience as well as higher rates of satisfaction for ease of use and effectiveness.
🇺🇸 CSI buys digital banking tech provider Apiture for an undisclosed sum. The transaction is expected to close in the fourth quarter of 2025, pending regulatory approvals. Apiture provides a digital business and consumer banking platform featuring account onboarding, payments, open banking, and analytics capabilities.
🇺🇸 Fifth Third announces acquisition of DTS Connex, adding scale, innovation in cash management. DTS Connex’s technology solutions address the complex and complicated needs of clients seeking to increase efficiency, transparency, and oversight in cash logistics management.
🇬🇧 HSBC shakes up leadership of FinTech venture less than a year after its launch. In the latest shake-up of the UK bank’s FinTech strategy, Vinay Mendonca has left his position as Chief Executive of SemFi, the joint venture between HSBC and US FinTech firm Tradeshift, unveiled last October.
🇺🇸 Sunwest Credit Union and Tyfone partner to deploy an advanced digital transformation strategy with nFinia® Platform. The partnership aims to transform the credit union’s digital member experience, provide more engaging, personalized services, drive future growth, and generate operational efficiencies across the entire institution.
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