31 July 2015

Latest News

Bank branches key to fending off digital challengers - IDC
Mobile & online

Bank branches key to fending off digital challengers - IDC

29 July 2015  |  4831 views  |  11 comments | 21 tweets | 27 linkedin

Digital evangelists predicting the demise of the bank branch could be in for a rude awakening, according to a new study from IDC Financial Insights which pitches the much-derided bricks and mortar outlet as the fulcrum of a healthy bank-to-customer relationship strategy.

ING Bank introduces voice-activated mobile payments
Retail banking

ING Bank introduces voice-activated mobile payments

29 July 2015  |  8015 views  |  0 comments | 26 tweets | 29 linkedin

ING Bank in the Netherlands is introducing voice-activated payments through its mobile app, enabling customers to authorise transactions by conversing with a virtual assistant on their phone.

National Australia Bank launches $50 million venture fund
Retail banking

National Australia Bank launches $50 million venture fund

29 July 2015  |  4494 views  |  0 comments | 11 tweets | 10 linkedin

National Australia Bank is to establish a $50 million venture fund to invest in startups with fresh ideas in mobile banking, payments and data and analytics.

Payments and capital markets sectors dominate fintech M&A activity
Payments

Payments and capital markets sectors dominate fintech M&A activity

29 July 2015  |  5797 views  |  0 comments | 16 tweets | 17 linkedin

There were 192 fintech mergers and acquisitions worth a total of $18.9 billion in the first half of 2015, according to research from investment bank Berkery Noyes.

Hong Kong telco HKT launches SIM-based mobile wallet
Payments

Hong Kong telco HKT launches SIM-based mobile wallet

28 July 2015  |  3679 views  |  0 comments | 8 tweets | 5 linkedin

Hong Kong network operator HKT has launched Tap & Go, a SIM-based mobile payments service for online, P2P and contactless instore transactions.

Stripe lands new funding; signs deal with Visa
Cards

Stripe lands new funding; signs deal with Visa

28 July 2015  |  5347 views  |  0 comments | 16 tweets | 16 linkedin

Hot payments startup Stripe has landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion.

One-in-two bank visits involve no human interaction - Halifax
Retail banking

One-in-two bank visits involve no human interaction - Halifax

28 July 2015  |  4959 views  |  2 comments | 19 tweets | 15 linkedin

One in every two visits to a bank branch now involves self-service transactions rather than human interaction, according to data from the UK's Halifax.

Singapore hires Citi veteran to lead new fintech group
Start ups

Singapore hires Citi veteran to lead new fintech group

28 July 2015  |  5501 views  |  0 comments | 13 tweets | 5 linkedin

The Monetary Authority of Singapore (MAS) has poached Citi exec Sopnendu Mohanty to head up a new fintech and innovation group.

ANZ appoints McDonald's exec to oversee retail channel strategy
Mobile & online

ANZ appoints McDonald's exec to oversee retail channel strategy

27 July 2015  |  3376 views  |  3 comments | 4 tweets | 5 linkedin

ANZ is looking to beef up its retail distribution strategy with the appointment of long-serving McDonald's exec Catriona Noble to oversee its customer-facing channels.

Mike Tyson bites into bitcoin
Start ups

Mike Tyson bites into bitcoin

27 July 2015  |  3302 views  |  0 comments | 8 tweets | 3 linkedin

The Baddest Man on the Planet, Mike Tyson, is muscling in on the world of cryptocurrencies, lending his star power to a new bitcoin ATM in Las Vegas.

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