11 February 2016

All retail banking news

Is Paym a failure?

Is Paym a failure?

14 hours ago  | 8 comments | 13 tweets | 10 linkedin

This week UK mobile P2P payment platform Paym published its latest figures on user uptake and transaction volumes. Hakim Mendjeli, former head of mobile product and strategy at Lloyds Banking Group, sifts through the data.

Indian central banker floats account number portability

Indian central banker floats account number portability

14 hours ago  | 3 comments | 7 tweets | 7 linkedin

A senior Indian central banker says that the industry should investigate the introduction of account number portability, making it easier for customers to switch providers.

RBS prepares to open executive wing to startups

RBS prepares to open executive wing to startups

14 hours ago  | 0 comments | 10 tweets | 7 linkedin

Royal Bank of Scotland is preparing to welcome 100 entrepreneurs and ten startup support organisations to the executive wing of its Scottish HQ following a year-long refit of the former symbol of big bank excess.

Absa alert warns customers of future spending shortfalls

Absa alert warns customers of future spending shortfalls

10 February 2016  | 0 comments | 7 tweets | 10 linkedin

South Africa's Absa Bank is piloting a new predictive spending alert that warns customers if they are about to go into the red and offers customised options to help them better manage their finances.

ANZ launches mobile payments service for Android smartphones

ANZ launches mobile payments service for Android smartphones

10 February 2016  | 0 comments | 9 tweets | 6 linkedin

ANZ has followed in the footsteps of compatriot NAB with the launch of a new mobile payment service for Android smartphones, ANZ Mobile Pay, as the country's biggest banks continue their boycott of iOS rival Apple Pay.

City grandee Rich Ricci joins fintech revolution at freemarketFX

City grandee Rich Ricci joins fintech revolution at freemarketFX

10 February 2016  | 0 comments | 8 tweets | 1 linkedin

Rich Ricci, formerly CEO of Barclays Corporate and Investment Banking, is the latest in a growing list of financial services grandees to lend their business heft to a disruptive technology startup, joining currency exchange freemarketFX as chairman.

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