Daylight, an LGBTQ+ banking platform, is shutting down. Its operations will cease on June 30, according to embattled co-founder and CEO Rob Curtis. The announcement comes months after NY Magazine […]
digital banking
Trending topics and news from the digital banking category
Back to news homeHatch Bank says hackers used Fortra bug to steal 140,000 customer Social Security numbers
Hatch Bank, a digital-first bank that provides infrastructure for fintech companies offering their own brand credit cards, confirmed hackers exploited a zero-day vulnerability in the company’s internal file transfer software […]
India launches 75 digital banking units across rural areas in financial inclusion push
India on Sunday launched 75 digital banking units in villages and small towns across the country in a move that it said will help bring financial services and literacy to […]
With $67M in new capital, NorthOne is doubling down on SMBs as some fintech companies pull back
It’s common knowledge, especially to those who work in financial services, that the COVID-19 pandemic dramatically increased demand for digital banking globally. A flurry of fintechs emerged in hope of […]
American Express launches its first all-digital consumer checking account
American Express has launched its first all-digital consumer checking account, the company announced on Tuesday. The new offering, American Express Rewards Checking, is currently available for eligible U.S. Consumer Card […]
Productfy raises $16M to build the ‘Shopify of embedded finance’
Productfy Inc., a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. Existing […]
Grab-Singtel and Ant Group win digital bank licenses in Singapore
Singapore on Friday granted four firms, including Ant Group and Grab, licenses to run digital banks in the Southeast Asian country, in a move that would allow the tech giants […]