Virgin Money partners FNZ to launch new digital investment platform
The new offering will provide Virgin Money customers with three investment funds to choose from.
The new offering will provide Virgin Money customers with three investment funds to choose from.
Wilkinson joins from Thomson Reuters, where she currently serves as CIO and head of TR Labs.
BOQ, Virgin Money and ME Bank will eventually transition to Temenos’ cloud-based core software.
Slyce has been created in partnership with Mastercard and TSYS.
“At the heart of the partnership is the delivery of a digital decisioning platform,” Trade Ledger says.
Virgin Money says it chose SurePay due to its “extensive experience” in providing Confirmation of Payee solutions.
Virgin Money implements a new account opening journey for its customers.
UK bank lays groundwork for new business products in 2021.
There is clear disruption already happening in the rewards space.
This year has seen several job cut announcements.
Before impairment charges, Virgin Money’s underlying profit stood at £625m.
The 400 job cuts are part of a forecast 16% reduction in Virgin Money’s headcount.
The app is part of Virgin Money’s wider digital transformation strategy.
The UK bank’s plans had been put on hold by COVID-19.
Parent firm Bank of Queensland kicks of digital transformation plan.
The three firms blame changing customer behaviour for the downsizing.
CYBG to assimilate all products and services under one name by December 2020.
The UK-based fintech is accepting sign ups on its waiting list.
Follows CYBG’s £1.7 billion takeover of Virgin Money.
The CYBG brands will disappear as the new entity will unite under the Virgin Money name.
There could also be around 1,500 job losses.
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Combined entity will have six million personal and business customers.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Beta testing expected in the second half of this year.
Features Virgin Money, Tech Bureau, Japan Net Bank, Waves Platform and Tokenomy.
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Virgin Money plans to launch a digital bank – VMDB – and is now recruiting for a head of customer experience. As Banking Technology reported in November, 10x Future Technologies, the start-up founded by former Barclays CEO Antony Jenkins, is building a digital core banking platform for Virgin Money. The latter also signed a long-term […]
Virgin Money has signed a long-term deal with TSYS for debit card processing in the UK. The bank is already using the payments vendor’s TS2 solution for its credit card operations.
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Virgin Money UK, a financial services brainchild of Richard Branson, is understood to be looking for new core and digital channels banking software. Virgin Money’s underlying technology in the UK stems from a number of acquisitions, including a small outsource firm, Intelligent Managed Services (IMS), in 2010, and a larger, well-established bank, Northern Rock, in 2012 (the […]
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