Some N26 managers are under investigation over fraudulent accounts.
Allegedly some of the N26 employees were involved in creating fake banking accounts to operate fake online shops or engage in money laundering activities.
The bigger you get the harder it is to fight the fraud but it's getting increasingly harder when the fraud is coming inside of the organization.
Are you still wondering about the high employee turnover at N26?
#bankingindustry #financeandeconomy #neobanks #growth #fraud #aml #account #antimoneylaundering #fraudprevention
Allegedly some of the N26 employees were involved in creating fake banking accounts to operate fake online shops or engage in money laundering activities.
The bigger you get the harder it is to fight the fraud but it's getting increasingly harder when the fraud is coming inside of the organization.
Are you still wondering about the high employee turnover at N26?
#bankingindustry #financeandeconomy #neobanks #growth #fraud #aml #account #antimoneylaundering #fraudprevention
Crowdfund Insider
Managers at Germany’s Digital Bank N26 are Reportedly Under Investigation over Fraudulent Accounts
Managers at Germany's digital banking platform N26 are reportedly under investigation over (allegedly) fraudulent accounts.
Digital bank Kroo has just won its full UK banking licence ahead of plans to launch personal current accounts "in the coming months".
The startup secured £26m in its Series B funding round at the start of the month which it said went a long way toward supporting the new current accounts, which could come as early as this summer.
#digital #startup #banking #funding #current #account #license
The startup secured £26m in its Series B funding round at the start of the month which it said went a long way toward supporting the new current accounts, which could come as early as this summer.
#digital #startup #banking #funding #current #account #license
AltFi
Kroo lands full banking licence - AltFi
The win for the bank comes a month after closing a £26m Series B
Marqeta, the global modern card issuing platform today announced the release of Marqeta for Banking, a portfolio of seven banking products, continuing the expansion of Marqeta’s modern card issuing platform.
Marqeta for Banking provides customers with a full set of account, #ACH, instant funding and direct deposit products offered through Marqeta’s bank partners, enabling them to build complete banking propositions for their end users on Marqeta’s market leading platform.
#banking #bank #ach #payments #directdeposit #deposit #account
Marqeta for Banking provides customers with a full set of account, #ACH, instant funding and direct deposit products offered through Marqeta’s bank partners, enabling them to build complete banking propositions for their end users on Marqeta’s market leading platform.
#banking #bank #ach #payments #directdeposit #deposit #account
Finextra
Marqeta introduces Marqeta for Banking
Marqeta (NASDAQ: MQ), the global modern card issuing platform today announced the release of Marqeta for Banking, a portfolio of seven banking products, continuing the expansion of Marqeta’s modern card issuing platform.
Digital bank Monzo Bank has launched its first ever instant-access savings account paying 3% interest.
Competition is ramping up in the easy-access market among digital banks and Monzo Bank is the latest to bring a 3% account to the table.
The instant access account has no minimum deposit and anyone with a Monzo Bank account can open it.
#digital #banks #bank #savings #account #deposit #fintech #fintechnews
Competition is ramping up in the easy-access market among digital banks and Monzo Bank is the latest to bring a 3% account to the table.
The instant access account has no minimum deposit and anyone with a Monzo Bank account can open it.
#digital #banks #bank #savings #account #deposit #fintech #fintechnews
Your Money
Monzo launches instant-access savings account paying 3% - Your Money
Digital bank Monzo has launched its first ever instant-access savings account paying 3% interest.
Fintech app Revolut has enabled its Singapore customers to link and top-up their wallets directly from up to six different bank accounts.
This feature is enabled by E-Giro, which authorises top-ups from their bank accounts upon the link. Users can link their wallets to Bank of China, DBS Bank, Maybank, OCBC Bank, Standard Chartered and UOB accounts.
#fintech #singapore #bank #topup #account #banking #digitalbanking #fintechnews
This feature is enabled by E-Giro, which authorises top-ups from their bank accounts upon the link. Users can link their wallets to Bank of China, DBS Bank, Maybank, OCBC Bank, Standard Chartered and UOB accounts.
#fintech #singapore #bank #topup #account #banking #digitalbanking #fintechnews
The Edge Singapore
Revolut enables links with six banks in Singapore | The Edge Singapore
sers can link their wallets to Bank of China, DBS, Maybank, OCBC, Standard Chartered and UOB accounts.