Challenger Banks are not called challenger banks for nothing. With their contemporary thinking and actions, they challenge not only established banks but also other neo-banks. The rapid rise of some challenger banks should not have escaped the attention of the...

Many of today’s “Know your Customer” (KYC) process designs at banks and other firms are inefficient, cost-intensive due to manual processing and are therefore not only a thorn in the side of the banks themselves, but also for the customers...