Digital Banking Weekly #59
23rd August 2020 - 30th August 2020
🌐 Global cross-border payments company WorldRemit announced it has agreed to acquire Sendwave, an app-based remittance company 🔗 Read more
🇬🇧 TiPJAR, a UK-based cashless and contactless tipping platform has successfully secured nearly 500.000 through crowdfunding platform 🔗 Read more
🛰️ India's Icici Bank is using satellite imaging to assess the credit-worthiness of farmers applying for loans 🔗 Read more
🎮 Gaming company Razer is hoping to introduce a digital banking business overseas, even as it awaits the outcome of its application for a digital full bank licence in Singapore 🔗 Read more
🇪🇺 How Europe's digital banks are taking on the US 🔗 Read more
😱 Japan is running out of 16-digit credit card numbers amid a government effort to encourage electronic payments and a surge in online shopping during the Covid-19 pandemic 🔗 Read more
🦠 Study: In a Mastercard study of small businesses across North America, 76% say the pandemic prompted them to become more digital, with 82% changing how their business sends and receives payments 🔗 Read more
🇨🇭 Swiss challenger bank neon raises €4.6 million for faster growth 🔗 Read more
🇪🇺 JCB, a Japan-based global payment brand, announced it has extended its partnership with Greece-based digital payments provider Viva Wallet in Europe 🔗 Read more
🇨🇭 Credit Suisse will introduce a new digital offering and a future-oriented branch concept at the end of October 🔗 Read more
💸 Visa invests in MagicCube's contactless SoftPOS & PIN platform and its differentiating Software Defined Trust (SDT) 🔗 Read more
🧑💻 Citi’s $900 million misfire happened during software switch 🔗 Read more
🇩🇪 Apple Pay support goes live for Germany's Sparkasse debit girocard 🔗 Read more
💰 Digital bank startup Copper raises $4.3M to help teens learn how to spend and save money 🔗 Read more
🏠 Hammock, a new neobank built specifically for landlords, has raised £1 million in seed investment from Fuel Ventures and Ascension Ventures 🔗 Read more
🇫🇷 Neobank startup for young people Vybe to be launched in France 🔗 Read more
