UK Digital Banks: Revolut vs. Monzo
UK digital banks like Revolut and Monzo keep growing and pushing for sustainability, as startups shift focus to profitability amid funding slowdown.
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HSBC’s Zing Burned $87.5M in a Year of Operation
Hey Digital Banking!
Six months after its shutdown, a year and a half after launch, and nearly three years since HSBC began building it, the financial cost of Zing’s time in operation has finally been revealed: $87.5 million.
According to newly released registry filings, Zing’s holding company,
Starling Bank’s 'Spending Intelligence' Debuts with Gemini for AI-Driven Insights
Hey Digital Banking Fanatic!
Yesterday, I covered a partnership between a centuries-old institution and a millennial payments company. Today, the spotlight shifts to something more recent, a Gen Alpha bank and a still-nascent product from one of the Magnificent Seven.
Starling Bank is teaming up with Gemini (of course not
Santander Partners with Worldpay on SMB Support
Hey Digital Banking Fanatic!
A 150-year-old bank and a millennial-era payment processor have teamed up to expand Santander’s offering and sharpen its capabilities in the UK business landscape.
Santander UK and Worldpay have announced a long-term agreement aimed at changing how business customers manage payments, both in-store and online.