CYBG recently made a takeover approach of rival Virgin Money as challenger banks look for solutions in what has become...
UK based challenger bank Clydesdale and Yorkshire Banking Group announced they would increase minimum salaries by 11 percent in an effort to boost pay to their female workforce; the bank released news that men were paid 37 percent more than women, mostly due to men being in higher paying roles; the bank signed up for the government’s Women in Finance Charter to help increase their proportion of women in senior roles to 40 percent by 2020 and 50 percent in the long term. Source.
Challenger banks have become one of the hottest trends in fintech with companies raising hundreds of millions of dollars all...
According to a new report by Juniper Research the number of digital banking users could surpass 3.6 billion by 2024;...
One of the challenges for the challenger banks like Monzo, Starling and Revolut is to go beyond the young demographic...
According to CB Insights challenger banks are the fastest growing fintech segment in the world; U.S. based Chime has been...
Millennials are one of the largest target markets for digital only banks as they attempt to cut into the dominant...
A new survey by Cornerstone Advisors examined six questions about consumers primary financial institution and found some interesting trends amongst...
A new report by ratings agency Fitch says digital banks could be more vulnerable than traditional banks in the event...
The current pandemic has upended the financial services industry more in the last two months than fintech has in the...