02 July 2015

All retail banking news

Mobile banking biometrics gains traction

5 hours ago  | 0 comments | 2 tweets | 2 linkedin

Banks are rapidly adopting biometrics as an authentication method for mobile services and are willing to cooperate to provide customers with a common interface, according to a survey from the Mobey Forum.

KFC taps Alipay for Chinese mobile payments

11 hours ago  | 0 comments | 5 tweets

KFC has become the latest major retailer to strike a deal with Alipay, enabling customers in China to pay for their fried chicken with their mobile phones.

Santander and Monitise form fintech venture

15 hours ago  | 0 comments | 7 tweets | 11 linkedin

Banco Santander and mobile money vendor Monitise have formed a £20 million joint venture that will invest in and help build fintech startups.

US banks pump $16.6bn into digital transformation

22 hours ago  | 1 comments | 25 tweets | 17 linkedin

American retail banks will spend $16.6 billion on "digital transformation initiatives" this year, according to research from IDC Financial Insights.

Singapore pledges S$225m to fintech

01 July 2015  | 0 comments | 21 tweets | 17 linkedin

Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech.

Square launches payroll service

01 July 2015  | 0 comments | 3 tweets

Square has added to its roster of services aimed at small businesses with the launch of a payroll product.

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