Today seems like a good day to launch a digital bank. At least, that’s what two banks decided this week. This morning, Barcelona-based CaixaBank launched imaginBank, which it describes as Spain’s first mobile-only bank for millennials. And also this morning, Equitable Bank, based in Toronto, announced EQ Bank, a digital-only bank withRead More
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What was most interesting at the ranking of Top 10 online banks released yesterday by GOBankingRates.com, a Bankrate.com challenger, were the companies that did not make the list. That list included some of the more well-known e-banks. So which banks were left off? Try Simple, Bluebird, Moven, GoBank, BankMobile, CapitalOne360 and Tangerine. And, fromRead More
Another innovative imaging app for financial services has come out of France. EyeBuy, based in Vannes in northwestern France, offers a service in which users can snap a picture of an item with their smartphone camera and be taken to an e-commerce site selling that app. A video of theRead More
BNP Paribas, the French bank which generated $12.9 billion of revenue last quarter, has launched the first “standalone, digital mobile bank” in Europe — and has done so with a rousing symphony. According to Finextra, a Hello Bank! account can be opened in just four steps from an Android or AppleRead More