Neobanks news stories

Cybersecurity
Tonik chooses Noname Security to safeguard digital platform
Tonik has chosen Noname Security to help safeguard a critical component of its digital platform as it works on finding new retail lending opportunities in Southeast Asia.

Digital banking
Philippines neobank Tonik steps up banking game with Google Cloud
According to Tonik founder and CEO Greg Krasnov, the company needed to drive its value proposition not just through cost, but also consumer trust.

Financial software
Report: 63% of APAC customers willing to switch to neobanks
Data from the IDC report shows that the rise of digital banking can be partially attributed to the conservative view of the value chain maintained by many traditional banks – leaving them unable to take advantage of potential ecosystem partners.

Financial institutions
The rise of the Neobanks: How they challenge traditional banking
Neobanks are catering to customers who are tired of the big banks and those who seek alternatives, says financial advisory firm Mozo.