Partnership provides Visa Direct with access to Banking Circle’s extensive local clearing rails across the world
The regulator has issued a request for information on the key challenges community banks face in adopting digital banking solutions
British press has speculated that Santander may pull out entirely from the country
On average, UK digital-only banks offer interest rates more than double those of the 'big four' high street banks
The move completes Santander’s plan to expand Openbank beyond the Northeast and launch in the US and Mexico by the second half of 2024
There is increasing awareness that digital assets can potentially improve diversification and drive innovation in investor’s portfolios
Nearly 70% of Brits are comfortable leaving physical wallets at home, versus 53% of Americans
Nearly one in six banks admit to lagging behind or working to catch up with digital transformation
More than half (57%) of consumers plan to spend most of their income online in 2024
As fintechs continue to deliver real-time, 24/7 banking services, legacy banks risk being left behind
