Digital Banking Weekly #34

1st March 2020 - 8th March 2020

πŸ’³ Dirty banknotes may be spreading the coronavirus, World Health Organization suggests people should use contactless payments where possible and wash their hands after handling cash. πŸ”— Read more

🦠 As the coronavirus continues to spread, Singapore’s DBS has outlined a series of digital measures designed to give its business clients β€œcontact free” banking. πŸ”— Read more

πŸ‡§πŸ‡·πŸ‡²πŸ‡½ Nubank, the Brazilian digital bank valued at $10 billion, is launching its Nu credit card in Mexico – a country where the unbanked population counts 36 million people. πŸ”— Read more

πŸ‘¨β€πŸ’» JPMorgan Chase is asking thousands of U.S. employees to work from home as it tests a contingency plan for closing domestic offices should the coronavirus spread. πŸ”— Read more

πŸ‡¬πŸ‡· Former Praxia CEO Anastasia Sakellariou appointed Chief Transformation Officer at Alpha Bank. πŸ”— Read more

πŸ’° Trading app Robinhood down again and will offer impacted customers 15 USD discount. πŸ”— Read more

πŸ’Έ Emma, the personal finance tracker, raises $2.5M seed investment led by Connect Ventures. πŸ”— Read more

🏦 Empower closes $20 million Series A financing to build AI-powered mobile banking app designed for millennials πŸ”— Read more

🏧 Wells Fargo offering bonus $5 credit when you use Apple Pay at an ATM πŸ”— Read more

πŸš† Littlepay has won a contract with Helsinki Regional Transport. In a project spanning three years, transit payment gateway will enable contactless EMV payments on all transport alternatives in Helsinki. πŸ”— Read more

🦠 Multiple banks are sending hundreds of staff to their UK and US disaster recovery sites. πŸ”— Read more

πŸ’° British digital bank Tandem has raised 60 million pounds ($78 million) from investors including Qatar Investment Authority. πŸ”— Read more

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