Digital Banking Weekly #35

8th March 2020 - 15th March 2020

8th March – 15th March 2020

Standard Chartered consortium unveils HongKong virtual bank Mox  Read more

Australian fintech Hay partnerswith digital banking platform Mambu  Read more

Central Bank of Kuwait and local banks inKuwait agreed for increase the contactless transactionamount to 25 KD due to coronavirus  Read more

Copper, the US-based challenger bank aimed atteenagers, has launched its app and announced its waiting list is nowopen  Read more

Netherlands-based TerraPay,an international payments infrastructure developer, confirmed that it wasacquired by investors Prime Ventures  Read more

Emirates Islamic enhances digital leadershipby launching the first branch with InteractiveTeller Machines  Read more

Family finance app Jassby raisesadditional $5M to continue on its mission to bring financial services to kidsand families and to advance financial literacy  Read more

Perks from Revolut rolledout to UK customers, every time customers hit 10th purchase, they will receivea cashback or discount offer  Read more

Greensill buys Sydney based fintech firm Earnd  Read more

San Francisco based credit scoring startup Credit Sesame seamlessly launches thefirst smart digital banking service that helps consumers grow their cash andcredit  Read more

New York based NorthOne,a digital challenger bank for SME’s raises $21M Series A  Read more

Bank fees are getting squeezed in the face of regulation andnew competitors, putting 5% of revenues at risk, Accenture reportfinds  Read more

Revolut is offering its Premium and Metalcustomers the chance to buy and sell gold from within its app  Read more

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