Atom Bank

103 results about this entity

Period: 09 Apr 2014 - 24 Nov 2023

Will.i.am lends voice to Atom Bank

American musician will.i.am has become a strategic board advisor at Atom, calling the new UK app-based bank's bid to change the industry through technology "awesome".

Atom Bank raises £83m, says more to come

App-based bank Atom is raising another £83 million from existing investors, including Spain's BBVA, as it builds up a war chest to take on Britain's high street giants.

Upstart Atom displaces First Direct as UK's most recommended bank

For the first time since launch in 1989, First Direct has been displaced as the most recommended UK bank by digital-only entrant, Atom Bank.

Atom Bank claims £110 million in deposits for fixed saver account

In April 2016, Atom Bank, the UK’s first bank built exclusively for mobile, became the first of the new breed of challenger banks to open its virtual doors through a controlled roll-out to pre-registered customers.

Atom Bank launches mobile mortgages

Atom Bank is moving into the residential mortgage market, promising a mobile-only paperless experience from decision in principle to full and final approval.

China emerges as fintech powerhouse as UK dominance weakens

The UK's position at the centre of the fintech world is under threat as its top companies become overshadowed by Chinese giants, a new report from KPMG and H2 Ventures suggests.

Atom Bank opens doors to all UK customers

Atom Bank, the mobile-only startup that uses face and voice biometrics plus machine learning technology to service customers, has opened its doors to all UK consumers following the conclusion of a six-month invitation-only programme.

Atom Bank begins tech recruitment drive

A recruitment drive to find key technical people for the UK’s first bank built exclusively for mobile is underway here in the region.

Mondo gains banking licence

App-only bank Mondo is the latest UK challenger bank to gain a banking licence from the Financial Conduct Authority and Prudential Regulatory Authority.

Atom Bank strikes five-year deal with Phoebus Software

Phoebus Software (PSL) and Atom Bank have signed a five year contract to work together to provide servicing across Atom’s secured business lending proposition and account servicing for Atom’s residential lending portfolios.

Atom chief lays out product roadmap

Mark Mullen CEO of recently launched Atom has laid out the roadmap for the mobile-only bank's product strategy, beginning with the introduction of residential mortgages in the summer and credit cards by the end of the year.

Atom opens with a promise to change UK banking landscape

Atom Bank, the mobile-only startup that uses face and voice biometrics plus machine learning technology to service consumers, has gone live in the UK following the lifting of regulatory restrictions.

Atom Bank to deploy 'intelligent software' to answer customer queries

Atom Bank is to augment its mobile banking service with machine learning technology from Xerox subsidiary WDS, to provide customers with answers to queries from an AI bot within the app.

Atom acquires IT development agency Grasp

UK digital challenger bank Atom has acquired Grasp, a digital design agency that specialises in building user interfaces for the gaming market.

The holy grail of great service AND great value

Anthony Thomson, Founder, Atom Bank and Metro Bank, and NED of Agiliti, at “Banking on the Future”, a seminar produced by Fiserv, Innovate Finance and techUK, talks about how digital can enable the cost-effective provision of outstanding products and services to customers, the fact that new entrants such as challenger and shadow banks are changing the market in a way that incumbents must follow, and how the threat to established banks is not challengers per se but the rapid business model evolution being driven by digitalisation.

Atom Bank to launch with face and voice biometrics

UK digital challenger bank Atom is to use face and voice biometrics as core credentials for customers logging in to banking apps.

Challenger banks boosted by UK Government

The UK Government has confirmed a range of measures designed to help challenger banks take on the establishment, including extension of the Funding for Lending Scheme (FLS) for SMEs, the launch of a new regulatory bank startup unit, and the establishment of a high level advisory group to review banking competition.

BBVA buys 29.5% stake in Atom for £45 million

Spanish bank BBVA has ploughed £45 million into the UK's Atom Bank, becoming the largest shareholder in the digital-only startup with a 29.5% stake.

Atom chief launches ferocious assault on 'dinosaur' banks

The 'dinosaurs' of the banking establishment - lumbered with antiquated technology systems and ruinously expensive branches - will be brushed aside by nimble, mobile-led competitors says Anthony Thomson in a hard-hitting speech ahead of the launch of his digital-only challenger Atom Bank.

Atom Bank signs with SunGard for treasury platform

Atom Bank, the UK’s first digital bank, has selected SunGard as its integrated treasury and risk management platform.