News Feed

The most recent updates from the digital banking industry

06/03/2024

Revolut enables crypto purchase directly into MetaMask wallets, with Revolut Ramp - 

Revolut, the global fintech with more than 40 million customers worldwide, announces its latest crypto offering in the UK and European Economic Area (EEA) - Revolut Ramp, in partnership with the world’s leading self-custodial wallet MetaMask, doubling down on its commitment to the world of cryptocurrency.

  • Revolut continues to expand its crypto portfolio with a new product, Revolut Ramp, aimed at making it seamless for customers to purchase cryptocurrencies.
  • Revolut Ramp is accessible directly within MetaMask’s mobile app, browser extension, or on MetaMask Portfolio.
  • With Revolut Ramp, customers will be able to top up their MetaMask self-custody wallet seamlessly with low fees, using their Revolut account, Visa or Mastercard credit or debit bank card.
  • Revolut Ramp is an out-of-the-box solution ready to integrate with wallet providers; more integrations will be announced soon the company stated. 

Visit Revolut

22/02/2024

Uphold have launched their lates feature - Uphold Baskets -  

Uphold Baskets is a new go-to solution for effortlessly building a strong and diverse crypto portfolio. They've simplified the process of buying a collection of assets, making it as easy as purchasing a single crypto.

Here's why you should consider integrating Baskets into your investment strategy:

  • One-Click Diversification: Spread your investment across a carefully curated collection of assets with just one click. It's as straightforward as buying a single crypto.
  • Curated Selections: Choose from a variety of Baskets, ranging from the "Big Three" (BTC, ETH, XRP) to cutting-edge options like Future of Blockchain (KAS, DAG, SOL, AZERO, NEAR). Stay tuned for more exciting Baskets, including those focused on Artificial Intelligence, Infrastructure, and more!
  • Always in Action: Access Baskets 24/7/365, providing flexibility and convenience for your investment decisions.
  • Gateway for All: Start your diverse portfolio journey today with an entry point as low as $100.

Diversifying your portfolio is easy with this new feature. Uphold Baskets not only simplifies the process but also helps protect against market volatility. It can help you build resilience, navigate the market with confidence, and redefine your investment strategy.

 

Visit Uphold

 

15/02/2024

bunq’s MassInterest in Germany is raising to 4.50% - 

 

The savings interest rate on Personal Savings Accounts in Germany is raising once more! For users who sign up on and after February 15th, 2024 - they will enjoy 4.50% interest rate (was 3.85%) in the first 4 months, then 1.56%. Other terms stayed the same.

Apply here

15/02/2024

Revolut launches AI feature to protect customers from card scams and break the scammers "spell" - 

Revolut has today announced the launch of an advanced scam detection feature to help protect customers from card scams.

The company stated the following:

  • Revolut launches advanced scam detection feature to protect customers against card scams
  • Revolut’s new AI-scam feature can help detect if a customer is being scammed, and therefore break the ‘spell’ of the scammer before they send their money to the criminal
  • Since initial testing began, Revolut has observed a 30% reduction in the fraud losses resulting from card scams where money has been sent for investment opportunities.

01/01/2024

bunq have announced a few exciting new features and updates for their app for 2024:

- Update to: Green Team: Еarn even more Cashback by inviting up to 2 of your friends to join your Green Team. Regardless of their current plan, they’ll plant trees and earn Cashback. When they plant a tree, you’ll plant a tree too. And as they use their bunq Credit Card, they’ll earn up to 1% Cashback. When they earn Cashback, you earn Cashback too. The more the merrier!

- Free Credit Card: We added a Free Credit Card to your bunq app that you can use instantly with Apple Pay or Google Pay. So whenever you want you’re always ready to do so! We will not charge you any fees or interest. And yes, if you join a friends Green Team, your Free Credit Card will earn you Cashback too! Read more here

- Finn: Finn (Beta) uses the power of AI to give you instant insights on your spending, budgets, places you visited, and much more. Simply open the bunq app and ask Finn anything.

- Budgeting tab: We made budgeting so easy that you'll actually stick to it. Introducing category breakdowns, monthly comparisons and smart automations to help you save more.

- Update to: CO2 Footprint: Know which categories contribute most to your carbon footprint and see how your impact differs for each month, making it easier than ever to spend sustainably.

- Tap to Pay on iPhone: Use your phone to accept contactless payments, so you can set up shop anywhere in the world! With the bunq app and Tap to Pay on iPhone, you’ll no longer need a pin terminal. (Business users, NL only for now)

- Payment correction: Accidentally paid from the wrong Bank Account? A simple tap is enough to move money between Bank Accounts and get your money admin up to date.

- Update to: Activity tab: Head out and explore the places around you that your friends have visited and recommended. Return the favor by leaving your recommendations on their maps too.

- Update to: bunq Payday: You can now choose what Bank Account you’ll receive your bunq Payday on.

- Update to: Group Expenses: Spend time with friends without having to worry about the bill. Group Expense tracks and splits expenses with whoever you've invited to the group. Consider holidays, nights out, birthday presents, sorted!

- Update to: AutoVAT: Save valuable time by having the bunq app automatically calculate and set aside the VAT on all your incoming and outgoing payments.

- Update to: Local Currencies: Save and spend in 22 different currencies to save money whenever you travel or shop online

Visit bunq to read more

19/12/2023

bunq have launched thier new, Free virtual credit card, which will include the following:

  • A free prepaid virtual credit card that’s available for all, no need to open a bank account first 
  • It means a "credit card with a balance on it". You can top up this card anytime. 
  • New users that select only “credit card” during sign-up will be assigned automatically for bunq Easy Savings (the free bunq subscription). 
  • You earn MassInterest on the savings account balance, but not on the Credit Card balance.
  • User can order a physical version of the prepaid virtual credit card, which will only cost 9.99EUR/year.
  • Card can be added to Apple/Google/Fitbit Pay
  • ATM withdrawals cost 2.99 EUR each time. If the user has only a virtual version of the card: ATM withdrawals possible if ATM is accessible via Apple/Google Pay; If user has a physical version of the card: ATM withdrawal should be available at all ATMs.
  • It is included in both Easy Savings Personal & Company accounts 

Read more and apply here

12/10/2023

Revolut launches Revolut 10 as it targets primary accounts and passes 35m customers worldwide - 

Revolut, the financial global super app, which has just surpassed 35 million customers globally, has launched Revolut 10, its biggest update yet, with a significant overhaul of the design and layout of the app.

Revolut’s new design is built to make everyday money management as easy as possible, with special focus for those who increasingly use Revolut as their primary account.

Here are the key changes with this update:

  • Revolut 10 is the app’s biggest update yet. the redesign is aimed to make it easier for customers to spend, send, and save their money
  • The update gives customers a holistic view of their finances: switching between accounts is cleaner and clearer, making it easier than ever to track your money between multiple currencies, savings accounts, pockets, and a joint account.
  • Customers can change their theme, customise the homepage with widgets for the features they use the most, and choose custom backgrounds and wallpapers - switching up their account’s style to fit their personality.
  • Customers are increasingly using Revolut as their primary account to manage their money - and Revolut 10 is a complete redesign that caters to this growing customer base.

Revolut has now surpassed 35 million customers globally, having announced 30 million customers in June earlier this summer. The number of customers in Europe using Revolut as their primary account grows even faster: +90% in the last year.

Revolut has launched new products and services to help customers make Revolut their primary account. In the last year Revolut has launched Flexible Accounts for savings in 18 European countries, Joint Accounts for customers in the UK and Europe, and expanded credit products to customers in Germany, France and Spain.

 

Key Revolut products and features will be quickly accessible from the home screen, while tools to build wealth, explore saving and investing, and make the most of lifestyle services and offers are available in just one tap.

Discover it here