COGNICURRENT

Traditional banks are increasingly focusing on consolidating their digital strategy to adapt to technological trends and user needs.

Traditional banks in France are increasingly offering 100% online banking services to compete with digital banks like BoursoBank and Revolut.

Neobanks are gaining some market share from traditional banks in deposits but struggle with customer loyalty, according to a recent analysis.

The Indian government aims to secure funding for affordable housing projects by encouraging charitable organizations to invest since traditional banks hesitate to finance these initiatives.

Fintech companies in Argentina express discontent after the government retracts a proposal allowing salary payments through digital wallets, capitulating to pressure from traditional banks.

Savers with traditional banks like Barclays, HSBC, and Lloyds risk losing nearly £300 a year in interest by not switching to high-interest challenger banks.

Fintech companies are defending the use of virtual wallets for salary payments against pressure from traditional banks to maintain exclusive control over such transactions.

Satispay, a fintech company, is entering the fund sector in partnership with Invesco, aiming to challenge traditional banks as it expands its financial services.

The article discusses the risks and opportunities of seeking investment opportunities beyond traditional options like gold, bonds, and alternative assets, while exploring what private investors can learn from large banks.

British digital bank Revolut has rapidly gained 65 million customers in just ten years, posing a significant threat to traditional banking institutions, particularly in Germany.

The British digital bank Revolut has rapidly grown to 65 million customers in just ten years, posing a significant threat to traditional banks, particularly in Germany, according to CEO Nik Storonsky.

Most stores and supermarkets are closed today due to the traditional inventory taking after New Year.