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FACTS Natwest, subsidiary of Royal Bank of Scotland, officially launches Bó: a digital, fee-free m-banking offer for individual customers. A late move which can be accounted for by some strategic hesitations.
FACTS The British company Koyo announced a $4.9 million funding round. This FinTeh was founded in 2018 and mostly deals with customers without a credit history (e.g.: expats) or poorly addressed by banking institutions.
HSBC’s American arm resumes their consumer lending activities in the US and teams up with the FinTech Avant. Their customers will be able to rely on a digital platform –to launch early next year– to apply for a loan in a matter of minutes.
Just four months after launching their innovation incubator, Tradeshift –the largest business commerce platform in the world– partners with Santander, HSBC as well as ten other leading banking groups and card issuers on rolling out a universal paymen...
In the UK, a partnership between a credit bureau and a traditional banking player sheds a new light on the open-banking trend. A technological solution designed by Equifax will be tested by HSBC to speed up consumer credit granting/decisioning proces...