Bitcoin-friendly Fidor Bank Expands to the United Kingdom
Fidor Bank, the innovative German bank that is bringing Bitcoin and digital fintech to mainstream banking, is now operating in Great Britain. Fidor Bank, one of the world's most innovative banks disrupting the traditional banking sector, has been recognized by the World Economic Forum as a "Global Growth Company." Founded in Germany in 2009, Fidor Bank....
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Fidor Bank which describes itself as a web 2.0 Social Banking solution has had its planned launch in the United Kingdom delayed. These delays are being put down to problems gaining access to the countries payments system infrastructure. The bank which first appeared on the German banking scene in 2007 has already launched in Russia via a joint venture, and has its eyes set on the United States market once operations take off in the UK and then plans to take steps to make its services available throughout the Eurozone. The digital currency industry in the United Kingdom were highly....
A German-based bank called Fidor Bank recently set up shop in the United Kingdom, prompting speculations that it might start offering its bitcoin services there as well. Fidor Bank is known for being more open to new developments in the digital age and was recognized by the World Economic Forum as a "Global Growth Company" back in 2014, five years after its establishment in 2009. "Traditional banks do not reflect their customers' needs in the digital age," indicated a statement on the Fidor Bank UK website. "Customer requirements are not being met by traditional banks because of lack of....
A bank in Germany that goes by the name of Fidor Bank AG is truly differentiating itself even further from your grandparents' bank. You may have read that Fidor became the first bank to utilize Ripple's payment protocol, so why is this bank so different? Fidor is not your traditional bank. Just take a second to digest all the features Fidor's smart checking account offers besides the trite bank/bank card "perks" that every bank offers. Fidor's smart checking account enables users to: Have no account fees. Borrow money from friends. Buy precious metals. Buy foreign currencies. Buy....
German Bitcoin exchange bitcoin.de and Fidor Bank have announced a new "Bitcoin Express" option for Fidor Bank customers to buy and sell bitcoin instantly on the exchange. The new option addresses the delays involved in exchange transactions. Bitcoin exchanges like BitStamp, which are not licensed banks, must often wait hours or even days for a transaction to be cleared by an external bank. But because Fidor Bank is fully licensed, it is able to provide a direct interface to the mainstream banking system, eliminating transaction delays. As a result, holders of a "Fidor Smart Giro Account"....
In February Bitcoin Magazine reported that German Fidor Bank had established a partnership with bitcoin exchange bitcoin.de, enabling Fidor Bank customers to buy and sell bitcoin instantly on the exchange with an agile "Bitcoin Express" option. The move was considered as a remarkably bold initiative by a mainstream bank. Fidor Bank is no stranger to bold, innovative initiatives. The bank, which was granted a full European banking license in 2009, is known as a modern Internet Bank and an early adopter of new trends in fintech with innovative services for connected consumers. Fast Company....