Digital Banking Weekly #34
1st March 2020 - 8th March 2020
๐ณ 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. ๐ Read more
๐ฆ As the coronavirus continues to spread, Singaporeโs DBS has outlined a series of digital measures designed to give its business clients โcontact freeโ banking. ๐ Read more
๐ง๐ท๐ฒ๐ฝ Nubank, the Brazilian digital bank valued at $10 billion, is launching its Nu credit card in Mexico โ a country where the unbanked population counts 36 million people. ๐ Read more
๐จโ๐ป 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. ๐ Read more
๐ฌ๐ท Former Praxia CEO Anastasia Sakellariou appointed Chief Transformation Officer at Alpha Bank. ๐ Read more
๐ฐ Trading app Robinhood down again and will offer impacted customers 15 USD discount. ๐ Read more
๐ธ Emma, the personal finance tracker, raises $2.5M seed investment led by Connect Ventures. ๐ Read more
๐ฆ Empower closes $20 million Series A financing to build AI-powered mobile banking app designed for millennials ๐ Read more
๐ง Wells Fargo offering bonus $5 credit when you use Apple Pay at an ATM ๐ Read more
๐ 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. ๐ Read more
๐ฆ Multiple banks are sending hundreds of staff to their UK and US disaster recovery sites. ๐ Read more
๐ฐ British digital bank Tandem has raised 60 million pounds ($78 million) from investors including Qatar Investment Authority. ๐ Read more
