Online banks

Transactions in own GDRs: TCS Group Ups Buyback of GDRs

Retrieved on: 
Thursday, April 29, 2021
Online banks, Tinkoff Bank, Tinkoff, Banks, Financial services, Banking

2312)\nTCS Group Holding PLC is an innovative provider of online retail and SME financial services.

Key Points: 
  • 2312)\nTCS Group Holding PLC is an innovative provider of online retail and SME financial services.
  • The 2020 IFRS net profit of TCS Group Holding PLC amounted to RUB 44.2 billion.
  • The ROE was above 40%.\nWith no branches, the Group serves all its customers remotely via online channels and a cloud-based call centre.
  • In 2017 and 2013, the Banker recognized Tinkoff Bank as the Bank of the Year in Russia.

For 12th Year In A Row, J.D. Power Ranks Frost Bank Highest In Texas Retail Banking Customer Satisfaction

Retrieved on: 
Tuesday, April 27, 2021
Economy, Online banks, Customer satisfaction, Services marketing, Articles, Frost Bank, Bank, ING Australia, Business

b'SAN ANTONIO, April 27, 2021 /PRNewswire/ --For the 12th consecutive year, Frost Bank received the highest ranking in customer satisfaction in Texas, as J.D.

Key Points: 
  • b'SAN ANTONIO, April 27, 2021 /PRNewswire/ --For the 12th consecutive year, Frost Bank received the highest ranking in customer satisfaction in Texas, as J.D.
  • The study ranked banks doing business in Texas, including regional and large banks.\nWith an index score of 861 33 points higher than the Texas region average Frost ranked highest in customer satisfaction among all retail banks in Texas.
  • Power has studied retail banking for 16 years, but conducted a separate ranking for Texas banks for only 12 years, and Frost has topped the Texas list in all 12.
  • The customer satisfaction study is the longest-running and most in-depth survey of the retail banking industry, with more than 84,000 customers covering various aspects of their banking experience.

Axos Financial, Inc. to Announce Third Quarter Fiscal 2021 Results on April 29, 2021

Retrieved on: 
Thursday, April 1, 2021
Professional services, Technology, Small business, Finance, Banking, Internet, Online banks, Axos Financial, Axos Bank, Companies, New York Stock Exchange, Axus, Service companies, Banks

Axos Financial, Inc. (NYSE: AX) (Axos or the "Company), parent of Axos Bank, announced today that it will host a conference call on Thursday, April 29, 2021 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the third quarter of fiscal 2021 ended March 31, 2021.

Key Points: 
  • Axos Financial, Inc. (NYSE: AX) (Axos or the "Company), parent of Axos Bank, announced today that it will host a conference call on Thursday, April 29, 2021 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the third quarter of fiscal 2021 ended March 31, 2021.
  • Joining Gregory Garrabrants, President and Chief Executive Officer of the Company, will be Andrew J. Micheletti, Executive Vice President and Chief Financial Officer.
  • The Company plans to distribute its earnings results on Thursday, April 29, 2021 after 4:00 PM ET (1:00 PM PT).
  • Axos Financial, Inc. is the holding company for Axos Bank, Axos Clearing LLC and Axos Invest, Inc. Axos Bank is a nationwide bank, with approximately $14.4 billion in assets, that provides consumer and business banking products through its low-cost distribution channels and affinity partners.

Moven and StrategyCorps to Explore Subscription Based Challenger Offer for US Banks

Retrieved on: 
Thursday, April 1, 2021
Online banks, Moven, Chime, Financial institution, Challenger bank, Banks, Financial services, Service companies

The company can also provide its one-of-a-kind front end UX as a frontend to a challenger bank offer.

Key Points: 
  • The company can also provide its one-of-a-kind front end UX as a frontend to a challenger bank offer.
  • StrategyCorps, with its robust offering of mobile-first consumer rewards solutions, can help financial institutions monetize a challenger bank offering almost immediately.
  • "Financial institutions are under fire from challenger banks like Chime, Varo and others, while navigating an unpredictable interest rate environment", said Bryan Clagett, CRO at Moven.
  • Moven pioneered the concept of alternative consumer financial profiles with CredScore, a proprietary scoring metric based on generally accepted financial wellness principals.

Axos Financial, Inc. Completes Redemption of Subordinated Notes

Retrieved on: 
Wednesday, March 31, 2021
Banking, Professional services, Finance, Online banks, Axos Bank, Axos Financial, Companies, Axus, Finance, Bank, New York Stock Exchange, Service companies

Axos Financial, Inc. (NYSE: AX) (Axos or the "Company), parent of Axos Bank (the Bank), announced today that the Company redeemed (the Redemption) all of the issued and outstanding 6.25% Subordinated Notes due February 28, 2026 (the 2026 Notes).

Key Points: 
  • Axos Financial, Inc. (NYSE: AX) (Axos or the "Company), parent of Axos Bank (the Bank), announced today that the Company redeemed (the Redemption) all of the issued and outstanding 6.25% Subordinated Notes due February 28, 2026 (the 2026 Notes).
  • The 2026 Notes no longer trade on the New York Stock Exchange (NYSE) after the Redemption Date.
  • The redemption was principally funded with the proceeds from the issuance of $175,000,000 aggregate principal amount of the Companys 4.875% Fixed-to-Floating Rate Subordinated Notes due 2030 which was completed September 18, 2020.
  • Axos Financial, Inc. is the holding company for Axos Bank, Axos Clearing LLC and Axos Invest, Inc. Axos Bank is a nationwide bank, with approximately $14.4 billion in assets, that provides consumer and business banking products through its low-cost distribution channels and affinity partners.

ING to appoint Andrew Bester as head of Wholesale Banking and member of the Management Board Banking

Retrieved on: 
Thursday, March 25, 2021
Companies, Finance, Service industries, ING Group, Online banks, ING Australia, Bank, ING Vysya Bank

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 57,000 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).

Varo Makes Earning Cashback Easy, Fun and Rewarding with the New Varo Perks Program to Help Customers Stretch Their Money

Retrieved on: 
Wednesday, March 24, 2021
Cashback, Varo, Loyalty program, Reward, Online banks

Cashback is deposited into a linked Varo Bank Account once $5 in cashback is earned, with no points or gimmicks.

Key Points: 
  • Cashback is deposited into a linked Varo Bank Account once $5 in cashback is earned, with no points or gimmicks.
  • The Perks program complements Varo's existing core banking products, all of which are designed to help customers stretch their money.
  • "Varo's new cashback program is designed to be seamless and rewarding for our customers," said Colin Walsh, CEO and founder of Varo Bank, N.A.
  • With the new Perks program, Varo reaffirms its commitment to helping customers maximize their money, stretch their paychecks, and put more money directly back in their pockets.

ING publishes proxy materials for 2021 AGM

Retrieved on: 
Friday, March 12, 2021
Finance, Companies, Service industries, ING Group, Online banks, ING Australia, Bank

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 57,000 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).
  • In January 2021, ING received an ESG evaluation score of 83 ('strong') from S&P Global Ratings.

ING to file 2020 Annual Report on Form 20-F

Retrieved on: 
Friday, March 12, 2021
Finance, Companies, Financial services, ING Group, Online banks, ING Australia, Bank, ING Vysya Bank

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

Key Points: 
  • ING is a global nancial institution with a strong European base, oering 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 57,000 employees oer 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 publishes 2020 Annual Report

Retrieved on: 
Thursday, March 11, 2021
Finance, Companies, Service industries, ING Group, Online banks, ING Australia, Bank

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 57,000 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).
  • Reference to such websites is made for information purposes only, and information found at such websites is not incorporated by reference into this annual report.