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A Neobank Fueling Growth with FRAML Prevention

Summary by EM360
A Neobank Fueling Growth with FRAML Prevention Published on 07/05/2025 03:02 PM EM360 Tech Wed, 05/07/2025 - 14:27 Growing fast and built for convenience, this Neobank quickly attracted both users and fraudsters. As digital onboarding took off, so did cases of identity theft, money mule accounts, and payment fraud, leaving the bank exposed and struggling to keep up. In this business case, discover how XTN helped the bank flip the script with the…

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The neobank MyInvestor has for the first time exceeded 10 billion euros of turnover, which means that it has doubled its financial activity in just over a year. Only in the first four months of 2024, the entity has grown by 20%, equivalent to 1,668 million euros more, driven by the "record figures" of customer acquisition and asset increase in investment products. Currently, the entity has some 550,000 clients, of which 60% have investment produ…

·Spain
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In the first four months of 2024 alone, the entity has grown by 20%, equivalent to 1,668 million euros more. MyInvestor has indicated that growth has been supported in...

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www.larazon.es broke the news in Spain on Wednesday, May 7, 2025.
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