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Neobanks Stories - Page 2

UK Stories

Neobanks stories

UK Payments Initiative launches recurring bank scheme
Fintech

UK Payments Initiative launches recurring bank scheme

Recurring bank payments could soon replace some cards and direct debits as UK Payments Initiative rolls out a new open banking scheme.

By Karen Joy Bacudo • 4 min read • Last month
UK fintech hiring to rise 14% in 2026 as neobanks slow
Risk & Compliance

UK fintech hiring to rise 14% in 2026 as neobanks slow

London will remain the main hiring hub, with fintech vacancies forecast to rise 14% in 2026 as firms prioritise compliance and infrastructure.

By Karen Joy Bacudo • 3 min read • Wed, 27th May 2026
Shufti wins iBeta Level 3 for face liveness on mobiles
Data Protection

Shufti wins iBeta Level 3 for face liveness on mobiles

Independent testing showed the firm's face checks can block spoofing on mainstream phones while avoiding friction for genuine users.

By Sofiah Nichole Salivio • 4 min read • Tue, 12th May 2026

Global Stories

Neobanks stories

UQPAY links global accounts to Circle payments network
Fintech

UQPAY links global accounts to Circle payments network

Businesses using UQPAY's Global Account should see smoother cross-border collections, payouts and FX as Circle's stablecoin network links the rails.

By Karen Joy Bacudo • 3 min read • Last month
Backbase & Mastercard tie-up boosts cross-border payments
Digital Transformation

Backbase & Mastercard tie-up boosts cross-border payments

Banks could launch international transfers faster, as the Backbase integration cuts the complexity of linking to Mastercard Move.

By Karen Joy Bacudo • 3 min read • Last month
RS2 unveils BIN Sponsorship 2.0 for payments firms
Data Analytics

RS2 unveils BIN Sponsorship 2.0 for payments firms

Tighter oversight is pushing card sponsorship beyond market entry, with RS2 arguing firms now need stronger controls over processing, fraud and settlement.

By Karen Joy Bacudo • 4 min read • Last month
OpenPayd to go public in USD $1.145 billion SPAC deal
Crypto

OpenPayd to go public in USD $1.145 billion SPAC deal

The merger could give OpenPayd up to USD $276 million to fund US expansion and product work as it prepares a Nasdaq listing.

By Karen Joy Bacudo • 4 min read • Last month
Marqeta expands European payments reach with Banking Circle
Fintech

Marqeta expands European payments reach with Banking Circle

Businesses across Europe will gain virtual accounts and multi-currency payments as the tie-up helps Marqeta meet local rules in 30 new markets.

By Karen Joy Bacudo • 3 min read • Wed, 27th May 2026
Equipifi raises USD $34 million in Series B funding
Fintech

Equipifi raises USD $34 million in Series B funding

The funding will help equipifi expand bank-embedded buy now, pay later services as lenders race to keep instalment spending inside their apps.

By Joseph Gabriel Lagonsin • 3 min read • Sat, 16th May 2026

Stories from Other Regions

Neobanks stories

KYC for Neobanks in Asia region
Data Protection

KYC for Neobanks in Asia region

Fast-growing digital banks in Asia face tighter checks as varied rules and weak data systems make customer verification harder across borders.

By Edmund Ng • 6 min read • Last month
SoFi launches AI Coach for members' financial guidance
Data Protection

SoFi launches AI Coach for members' financial guidance

Available first to premium members, the chat-based tool lets users manage spending, debt and savings inside the app as AI finance rivals multiply.

By Karen Joy Bacudo • 4 min read • Last month
Thunes launches real-time US payouts for cross-border money
Fintech

Thunes launches real-time US payouts for cross-border money

Businesses sending money into the US can now use faster rails, cutting delays and fees in a market prone to payment failures.

By Karen Joy Bacudo • 3 min read • Last month
TransBnk rebrands as TBX to widen corporate banking
Software-as-a-Service

TransBnk rebrands as TBX to widen corporate banking

Existing customers will see no disruption as the renamed TBX expands beyond transaction banking into treasury, payments and enterprise finance tools.

By Karen Joy Bacudo • 3 min read • Last month
ChatGPT adds Plaid-linked personal finance preview
Data Protection

ChatGPT adds Plaid-linked personal finance preview

Users can now ask ChatGPT about their own spending and savings after OpenAI added a Plaid-linked finance preview for US Pro subscribers.

By Karen Joy Bacudo • 4 min read • Tue, 19th May 2026
Questrade goes live with Temenos software for Questbank
Software-as-a-Service

Questrade goes live with Temenos software for Questbank

The rollout gives Questbank the core banking system it needs to begin offering deposits and mortgages to Canadian customers under OSFI rules.

By Mark Tarre • 3 min read • Sat, 16th May 2026
Alkami report shows digital banking gaps at US banks
Data Analytics

Alkami report shows digital banking gaps at US banks

High abandonment rates and thin business tools are blunting banks’ digital gains even as customer adoption of online services rises.

By Karen Joy Bacudo • 4 min read • Sat, 9th May 2026
Wise adds family & group travel tools for Australians
Crypto

Wise adds family & group travel tools for Australians

Shared spending and children’s cards aim to ease overseas money stress for Australian travellers, as 67% reported anxiety on recent trips.

By Karen Joy Bacudo • 4 min read • Fri, 8th May 2026