Savings rates at UK challenger banks are more than 1 percent higher than their high street counterparts; research by challenger Gatehouse Bank revealed the statistics; challenger banks and digital banks are still finding wide knowledge of open banking a challenge; “Sadly too many savers still opt for products from household names as they are unaware of the best buys that exist beyond the high street,“ said Charles Haresnape, CEO of Gatehouse Bank, to AltFi. Source.
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According to Techcrunch, UK digital challenger bank Monzo has quietly begun working on a US launch; they have setup a...
Wells Fargo is still digging out from a PR disaster last week when the bank went offline for a large...
Banking is continuing to evolve and there has been a trend to talk about how the challenger banks will take...
Leading UK challenger bank, Revolut, is growing fast and now has around four million customers; they are adding new customers...