You can only nod in agreement with Starling Bank's Anne Boden: "Customers are not influenced to switch banks because they can take their data with them. They switch bank because they want a better service and are prepared to lose one bank and go to another."
#starling #psd2 #openbanking #fintech #banking
#starling #psd2 #openbanking #fintech #banking
AltFi
In full: Here’s the Fintech Founders letter criticising Anne Boden’s select committee comments - AltFi
The Starling CEO has responded on Twitter, welcoming the debate.
Starling Bank boycotts Meta over scam ads
We hope it's only the beginning of fight against Meta's behaviour.
#meta #starling #banking #fintech #scam #ads
We hope it's only the beginning of fight against Meta's behaviour.
#meta #starling #banking #fintech #scam #ads
CNBC
Goldman-backed digital bank Starling boycotts Meta over scam ads
Starling CEO Anne Boden said her firm would no longer pay for advertising on Facebook and Instagram while scammers target customers.
Starling Bank tops customer experience ranking
The Customer Experience Excellence Report, which surveys the views of 9,995 consumers across 282 organisations, found that Starling customers said their ‘feedback was listened to and acted upon’ while its digital services allowed them to stay online throughout the pandemic.
#starling #banking #fintech #customer #experience
The Customer Experience Excellence Report, which surveys the views of 9,995 consumers across 282 organisations, found that Starling customers said their ‘feedback was listened to and acted upon’ while its digital services allowed them to stay online throughout the pandemic.
#starling #banking #fintech #customer #experience
CityAM
Starling Bank tops customer experience ranking as demand for digital banking booms
Starling Bank has topped a list of the UK’s best customer experience companies.
Starling Bank is calling the problem by its name.
What's the point of investing time and money into something that clearly doesn't work.
#openbanking #starling Anne Boden
What's the point of investing time and money into something that clearly doesn't work.
#openbanking #starling Anne Boden
Finextra
Should we stop trying to make Open Banking happen when it’s not going to happen?
Comments from Starling Bank’s Anne Boden at a House of Commons Treasury Select Committee at the end of 2021 struck a painful chord with several fintech founders.
Since when do you need to do a research on something that was openly stated by most incumbent banks already?
By stating the obvious truth IBM is looking for ways to sell their legacy products and services to the incumbents in UK.
#incumbents #digitalbanks #digitalbanking #ibm #monzo #starling #revolut
By stating the obvious truth IBM is looking for ways to sell their legacy products and services to the incumbents in UK.
#incumbents #digitalbanks #digitalbanking #ibm #monzo #starling #revolut
Fintechmagazine
IBM: UK incumbents fear falling behind digital banks
Traditional banks and financial services institutions are concerned about falling behind the latest digital banks, new research from IBM and Yobota shows
Starling Bank expands its marketplace offering by adding Penfold - the digital pensions platform.
#penfold #pension #starling #marketplace #bank #digital
#penfold #pension #starling #marketplace #bank #digital
Fintech Finance
Penfold joins Starling Bank’s Personal Marketplace
Penfold have announced their addition to Starling Bank's Personal Marketplace, allowing customers to set up a pension through Starling's app.
Julian Sawyer: "Cryptocurrencies are the new neobanks".
As a CEO of Bitstamp - can you say anything else? 😀
#bitstamp #ceo #crypto #starling #fintech
As a CEO of Bitstamp - can you say anything else? 😀
#bitstamp #ceo #crypto #starling #fintech
Verdict
Bitstamp CEO and Starling old COO: “Cryptocurrencies are the new neobanks”
Bitstamp CEO on why cryptocurrencies are the new neobanks, how Starling was like after Tom Blomfield was fired and if there's an IPO coming.
Last night the eighth annual British Bank Awards were announced, with a few significant changes to the status quo.
After winning the coveted Best British Bank award for four years in a row, Starling Bank was pipped to the top spot as Monzo Bank took the crown for the very first time.
#bank #uk #awards #monzo #starling
After winning the coveted Best British Bank award for four years in a row, Starling Bank was pipped to the top spot as Monzo Bank took the crown for the very first time.
#bank #uk #awards #monzo #starling
AltFi
Monzo dethrones Starling at the British Bank Awards - AltFi
After four years as Best British Bank, Starling lost the top spot this year.
Within one or two years Starling Bank will be generating a return on equity of more than 30 per cent, according to the company’s founder and CEO Anne Boden.
Speaking to the Financial Times, Anne Boden said Starling Bank’s low-cost base puts it ahead of other larger banks in terms of its operational efficiency.
#ceo #banks #bank #starling #equity
Speaking to the Financial Times, Anne Boden said Starling Bank’s low-cost base puts it ahead of other larger banks in terms of its operational efficiency.
#ceo #banks #bank #starling #equity
AltFi
Anne Boden: Starling’s return on equity will be 30% - AltFi
The ambitious target comes off the back of a year in which the company has recorded its first annual profit.
Starling Bank’s business banking customers can now make Bulk Payments to multiple recipients. The new subscription service can be used to help support #payroll, reimburse staff expenses or pay suppliers, all at the same time.
The Bulk Payments feature has been launched by Starling to process payments at scale for businesses.
#business #payments #banking #help #starling #sme #bulkpayments
The Bulk Payments feature has been launched by Starling to process payments at scale for businesses.
#business #payments #banking #help #starling #sme #bulkpayments
Finextra
Starling launches Bulk Payments feature for small businesses
Starling Bank’s business banking customers can now make Bulk Payments to multiple recipients. The new subscription service can be used to help support payroll, reimburse staff expenses or pay suppliers, all at the same time.
UK challenger bank Starling Bank has grown its headcount by 20% this year to reach 2000 employees, with plan to recruit a further 200 staff before the year is out.
More than 1000 employees are based at its Cardiff office, while 650 are in London office and 400 in Southampton.
#london #bank #neobank #starling #headcount #hiring
More than 1000 employees are based at its Cardiff office, while 650 are in London office and 400 in Southampton.
#london #bank #neobank #starling #headcount #hiring
Finextra
Starling grows headcount by 20%
UK challenger bank Starling has grown its headcount by 20% this year to reach 2000 employees, with plan to recruit a further 200 staff before the year is out.
Over a third of bounce back loans approved by Starling Bank during the pandemic are at risk of default, the lender has told the Public Accounts Committee.
Starling Bank funded more than £358m of loans under the coronavirus business interruption loan scheme (CBILS) and over £1bn in BBLs.
#business #bank #starling #loans #risk #default #fintech #fintechnews
Starling Bank funded more than £358m of loans under the coronavirus business interruption loan scheme (CBILS) and over £1bn in BBLs.
#business #bank #starling #loans #risk #default #fintech #fintechnews
Finextra
Over a third of Covid support loans issued by Starling at risk of default
Over a third of bounce back loans approved by Starling Bank during the pandemic are at risk of default, the lender has told the Public Accounts Committee.
#Neobank Starling Bank is introducing virtual cards for its customers free of charge, which will let users better track and control their spending.
The cards will be linked with a customer’s Saving Space in the Starling Bank app, essentially a segregated pot of money, and then the unique card number, expiry date and CVV can be used to sign up for, say, 'Subscriptions', helping to isolate that expenditure.
#money #bank #card #virtual #starling #fintech #fintechnews
The cards will be linked with a customer’s Saving Space in the Starling Bank app, essentially a segregated pot of money, and then the unique card number, expiry date and CVV can be used to sign up for, say, 'Subscriptions', helping to isolate that expenditure.
#money #bank #card #virtual #starling #fintech #fintechnews
AltFi
Starling Bank adds free virtual cards and deeper spending analysis - AltFi
Competing with the virtual card offerings of Monzo and Revolut.
Starling Bank has launched its first savings product offering a return of 3.25 per cent a year.
The fixed one-year saver account will give 3.25 per cent on balances of £2,000 or more, available from today.
#bank #neobank #starling #starlingbank #savings #interest #fintech #fintechnews
The fixed one-year saver account will give 3.25 per cent on balances of £2,000 or more, available from today.
#bank #neobank #starling #starlingbank #savings #interest #fintech #fintechnews
inews.co.uk
Starling Bank launches first savings account, offering 3.25 per cent on one-year fixed deal
Starling is a challenger bank that has previously only offered current accounts
Starling Bank is expecting to increase its pre-tax profits by more than four times in its upcoming annual financial results.
The digital bank said it “generated annualised pre-tax profits of more than £250m on the back of almost £600m of annualised revenue for the month of December 2022”.
#starlingbank #starling #neobank #uk #profit #fintech #fintechnews #bank
The digital bank said it “generated annualised pre-tax profits of more than £250m on the back of almost £600m of annualised revenue for the month of December 2022”.
#starlingbank #starling #neobank #uk #profit #fintech #fintechnews #bank
UKTN | UK Tech News
Starling expects profits to quadruple as CEO says crypto lacks 'moral purpose'
Starling Bank is expecting to increase its pre-tax profits by more than four times in its upcoming annual financial results.
The new company is called XYB Limited, and will take over Monese’s client relationship with Investec.
Monese is the latest digital banking app to do just that, with news today that XYB Limited has been set up as a new subsidiary and brand to take over Monese’s client work.
#baas #digitalbanking #banking #xyb #monese #starling #uk #banks #fintech #fintechnews
Monese is the latest digital banking app to do just that, with news today that XYB Limited has been set up as a new subsidiary and brand to take over Monese’s client work.
#baas #digitalbanking #banking #xyb #monese #starling #uk #banks #fintech #fintechnews
AltFi
Monese joins Starling in creating a new subsidiary for banking-as-a-service push - AltFi
The new company is called XYB Limited, and will take over Monese’s client relationship with Investec.
FinTech Wales, the independent members association and champion of the Fintech and Financial Services industry in Wales, has welcomed Starling Bank as the latest organisation to become a Partner to empower Wales as a globally recognised hub of fintech excellence.
#uk #fintech #wales #fintechwales #starling #starlingbank #fintechnews
#uk #fintech #wales #fintechwales #starling #starlingbank #fintechnews
Finextra
FinTech Wales welcomes Starling Bank as latest Partner
FinTech Wales, the independent members association and champion of the Fintech and Financial Services industry in Wales, has welcomed Starling Bank as the latest organisation to become a Partner to empower Wales as a globally recognised hub of fintech excellence.
Starling Bank has created a new brand platform, with a new positioning, strategy and ad creative developed to mark the beginning of an ambitious year of growth for the bank.
#starling #starlingbank #fintech #fintechnews #banking #bankingplatform #mbanq
#starling #starlingbank #fintech #fintechnews #banking #bankingplatform #mbanq
Ffnews
Starling Bank launches new brand platform as bank pushes for growth
Starling Bank has created a new brand platform, with a new positioning, strategy and ad creative developed to mark the beginning of an ambitious year of growth for the bank.