Daily News

Hey Digital Bank Fanatic! Q3 brought big numbers for Nubank. The company reported record revenues of $4.2 billion, a 39% year-over-year increase on a foreign exchange-neutral basis, and net income of $783 million. Its customer base expanded to 127 million, with a strong presence in Brazil, Mexico, and Colombia,

Hey Digital Banking Fanatic! Big day for Discovery Bank as South Africa’s fastest-growing bank rolls out a packed suite of updates across crypto, AI security, insurance, and rewards. The headline move: integrated crypto trading directly in the app, thanks to a first-of-its-kind partnership with Luno, giving clients access to

Hey Digital Banking Fanatic! JPMorgan Chase has launched JPM Coin, a blockchain‑based deposit token. JPM Coin represents dollar deposits held at JPMorgan, enabling near-instantaneous transfers using Coinbase’s public blockchain, Base. The bank plans to eventually deploy the token on other blockchains, give clients' clients access to JPM

Hey Digital Banking Fanatic! Digital banks want to be part of the crypto revolution, especially following Bitcoin’s record-breaking performance. Santander's crypto trading service via OpenBank, announced last month, is now live in Spain. They operate under the Markets in Crypto-Assets (MiCA) framework, and allow clients to buy,

Hey Digital Banking Fanatic! Monzo introduced an update that might impact millions of their British customers. Now, clients will be able to use buy now, pay later when paying with Apple Pay. The change affects Monzo Flex, letting customers split eligible purchases into three interest-free monthly installments or longer plans

Hey Digital Banking Fanatic! Lots of movement and work for BaFin these days. After Operation Chargeback, which arrested 18 people involved in fraud and money laundering through payment firms, the German watchdog had to impose its largest-ever fine of 45 million euros on Frankfurt-based JPMorgan Chase for deficiencies in money-laundering