Online banks

RDC and Monzo Expand Anti-money Laundering Partnership for Bank’s US Launch

Retrieved on: 
Wednesday, December 18, 2019

RDC (Regulatory DataCorp) has renewed its agreement with Monzo, the UKs fastest-growing bank, in a deal that will see the companys next-generation customer screening technology extended to cover the banks US launch.

Key Points: 
  • RDC (Regulatory DataCorp) has renewed its agreement with Monzo, the UKs fastest-growing bank, in a deal that will see the companys next-generation customer screening technology extended to cover the banks US launch.
  • The next phase of expansion for RDC and Monzo will arrive as the fintech leader looks to implement the same screening capabilities across its business account customers.
  • RDC, the Smarter ScreeningTM company, prevents criminal infiltration of the worlds financial systems by delivering intelligent, automated customer screening and decision-ready intelligence.
  • Founded by 20 of the worlds leading financial institutions in 2002, today RDC is a Vista Equity Partners portfolio company.

Radius Bank Welcomes Gabe Beukinga to its Government Guaranteed Lending Division

Retrieved on: 
Tuesday, December 17, 2019

BOSTON, Dec. 17, 2019 /PRNewswire-PRWeb/ -- Radius Bank, a forward-thinking digital bank, today announced that Gabe Beukinga has joined the company as a leader within its Government Guaranteed Lending division.

Key Points: 
  • BOSTON, Dec. 17, 2019 /PRNewswire-PRWeb/ -- Radius Bank, a forward-thinking digital bank, today announced that Gabe Beukinga has joined the company as a leader within its Government Guaranteed Lending division.
  • Before joining Radius, Beukinga was Market President at HomeStar Bank, where he launched their SBA lending platform and built a team of eight, grossing over $100 million in loans in its first two years.
  • Beukinga will report directly to the Bank's Chicago-based Executive Vice President / National Director of Government Guaranteed Lending, Diane Gallion.
  • To learn more about Radius Bank and its Government Guaranteed Lending division, visit http://www.radiusbank.com/business/sba-loans/.

ING Group 2019 SREP process completed

Retrieved on: 
Thursday, December 12, 2019

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.

Key Points: 
  • ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.
  • ING Banks more than 52,000 employees offer retail and wholesale banking services to customers in over 40 countries.
  • ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
  • ING Group shares are included in the FTSE4Good Index and in the Dow Jones Sustainability Index (Europe and World), where ING is also among the leaders in the banks industry group.

ING reports outcome of EU-wide Transparency Exercise

Retrieved on: 
Friday, November 29, 2019

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.

Key Points: 
  • ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.
  • The purpose of ING Bank is empowering people to stay a step ahead in life and in business.
  • ING Banks more than 53,000 employees offer retail and wholesale banking services to customers in over 40 countries.
  • ING Group shares are listed on the exchanges of Amsterdam (INGA AS, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

Tangerine Debuts New World Mastercard® with Coveted Perks

Retrieved on: 
Wednesday, November 27, 2019

New vertically designed Card offers airport experiences, mobile device insurance and more

Key Points: 
  • New vertically designed Card offers airport experiences, mobile device insurance and more
    TORONTO, Nov. 27, 2019 /CNW/ - Say hello to Tangerine Bank's new World Mastercard.
  • To make life easier for its Clients, Tangerine Bank designed the new World Card vertically based on the way purchases are most-often paid for.
  • Based on Client feedback, the new Tangerine Bank World Mastercard offers the following perks:
    Mastercard Airport Experiences provided by LoungeKey Make the most of your travel with Mastercard Airport Experience Provided by LoungeKey.
  • Tangerine Bank is not responsible for Mastercard Airport Experiences or any offers made available through the program.

Axos Bank Adopts Glance Visual Engagement to Improve Digital Banking

Retrieved on: 
Wednesday, November 20, 2019

Based in San Diego, Axos Bank is a wholly-owned subsidiary of Axos Financial, Inc. (NYSE: AX).

Key Points: 
  • Based in San Diego, Axos Bank is a wholly-owned subsidiary of Axos Financial, Inc. (NYSE: AX).
  • Axos Bank has initially deployed Glances solutions into its online banking platform, giving bankers the ability to seamlessly launch secure real-time visual engagement sessions to assist customers with navigating Axos online banking interface and complete tasks such as paying bills, transferring funds, and applying for other bank products.
  • The result of Glance visual engagement technology is improved customer satisfaction, long-term customer loyalty, higher service center efficiency, and increased revenue growth.
  • Axos Financial, Inc. is the holding company for Axos Bank, a nationwide bank that provides consumer and business banking products through its low-cost distribution channels and affinity partners.

Global $30100 Million Neo and Challenger Bank Market to 2025 With a CAGR of 40.4%, Competitive Dynamics & Industry Outlook

Retrieved on: 
Thursday, November 7, 2019

In 2018, the global Neo and Challenger Bank market size was 2800 million US$ and it is expected to reach 30100 million US$ by the end of 2025, with a CAGR of 40.4% during 2019-2025.

Key Points: 
  • In 2018, the global Neo and Challenger Bank market size was 2800 million US$ and it is expected to reach 30100 million US$ by the end of 2025, with a CAGR of 40.4% during 2019-2025.
  • #Top organizations profiled in this Neo and Challenger Bank Market statistical surveying incorporate are Atom Bank, Movencorp, Simple Finance Technology, Fidor Group, N26, Pockit, Ubank, Monzo Bank, MyBank (Alibaba Group), Holvi Bank, WeBank (Tencent Holdings Limited), Hello Bank, Koho Bank, Rocket Bank, Soon Banque, Digibank, Timo, Jibun, Jenius, K Bank, Kakao Bank, Starling Bank, Tandem Bank.
  • The global Neo and Challenger Bank market is highly competitive and fragmented due to the presence of numerous small vendors in the market.
  • Atom Bank, WeBank (Tencent Holdings Limited), N26, Starling Bank and Tandem Bank are key Neo and Challenger Bank service providers in Global Neo and Challenger Bank market.

Global $30100 Million Neo and Challenger Bank Market to 2025 With a CAGR of 40.4%, Competitive Dynamics & Industry Outlook

Retrieved on: 
Thursday, November 7, 2019

In 2018, the global Neo and Challenger Bank market size was 2800 million US$ and it is expected to reach 30100 million US$ by the end of 2025, with a CAGR of 40.4% during 2019-2025.

Key Points: 
  • In 2018, the global Neo and Challenger Bank market size was 2800 million US$ and it is expected to reach 30100 million US$ by the end of 2025, with a CAGR of 40.4% during 2019-2025.
  • #Top organizations profiled in this Neo and Challenger Bank Market statistical surveying incorporate are Atom Bank, Movencorp, Simple Finance Technology, Fidor Group, N26, Pockit, Ubank, Monzo Bank, MyBank (Alibaba Group), Holvi Bank, WeBank (Tencent Holdings Limited), Hello Bank, Koho Bank, Rocket Bank, Soon Banque, Digibank, Timo, Jibun, Jenius, K Bank, Kakao Bank, Starling Bank, Tandem Bank.
  • The global Neo and Challenger Bank market is highly competitive and fragmented due to the presence of numerous small vendors in the market.
  • Atom Bank, WeBank (Tencent Holdings Limited), N26, Starling Bank and Tandem Bank are key Neo and Challenger Bank service providers in Global Neo and Challenger Bank market.

Axos Bank Gives Over $155,000 to San Diego’s Hope Leadership Academy

Retrieved on: 
Wednesday, October 30, 2019

While Axos is a digital-first bank, were fully committed to improving the local, real-world communities where we live and work, said Axos President and CEO Greg Garrabrants.

Key Points: 
  • While Axos is a digital-first bank, were fully committed to improving the local, real-world communities where we live and work, said Axos President and CEO Greg Garrabrants.
  • Hope Leadership Academy Founder Willie Briscoe said that Axos not only provides financial support to his organization, but Axos employees also volunteer their time to teach after-school financial literacy courses to children in HLAs programs.
  • Axos Bank is what we call the trifecta of corporate support: they help with time, talent and treasure, Briscoe said.
  • Axos Financial, Inc. (NYSE: AX) is the holding company for Axos Bank, a nationwide bank that provides consumer and business banking products through its low-cost distribution channels and affinity partners.

Discover Financial Services Declares Quarterly Dividend for Common Stock

Retrieved on: 
Thursday, October 17, 2019

The Board of Directors of Discover Financial Services declared a quarterly cash dividend of $0.44 per share of common stock payable on December 5, 2019, to holders of record at the close of business on November 21, 2019.

Key Points: 
  • The Board of Directors of Discover Financial Services declared a quarterly cash dividend of $0.44 per share of common stock payable on December 5, 2019, to holders of record at the close of business on November 21, 2019.
  • Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services.
  • Since its inception in 1986, the company has become one of the largest card issuers in the United States.
  • The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business.