UK challenger bank Metro Bank sees the value in having branches along with the innovation they are doing; speaking at The Economist's Finance Disrupted conference, Metro Bank CEO Craig Donaldson explained that offering the right mix of both is the key for his firm; reliance on one solution or the other does not allow them to serve customers in the way they would like, though he did say that the market has room for the digital only bank. Source
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One of the most innovative banks in Europe is now partnering with Airbnb to allow residential mortgage customers to rent their properties; Metro Bank will allow customers to rent their homes for up to 90 days without any written approval; Paul Riseborough, chief commercial officer at Metro Bank explained, "Our focus is on making our customers' lives as straightforward and convenient as possible and we therefore hope today's news will give our customers the reassurance they need to jump in and take advantage of everything the dynamic sharing economy has to offer." Source
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The UK's Metro Bank has enhanced its digital banking platform and launched new services; the new services include advanced technologies across nearly all aspects of the online user experience; the enhancements follow increased competition by digital-only banks including Starling, Atom, Tandem, Loot and Monzo; Metro Bank opened in 2010 and is also an investor in consumer loans through marketplace lender, Zopa. Source
Metro Bank is a UK challenger bank which recently shared a mistake in how they classified their loan book; the...
Earlier in the summer we learned that Metro Bank was in talks with RateSetter on a possible acquisition; today, it...