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News/Innovation
Trustev, an Irish firm which uses 'social fingerprinting' technology to verify online shoppers in real time, has won the European Commission's Tech All Stars competition.
14 June 2013
An American credit union has put a 'technology champion' in every one of its 76 branches to help members get up to speed with its mobile and online services.
Wojciech Bolanowski, managing director of Electronic Banking, PKO Bank Polski explains to Finextra how the firm's IKO Project, an account based mobile payments service for Poland, is not a fight against the cards market.
Ignacio Garcia, managing director, iZettle Spain discusses how the vendor increased Mpos adoption by 25% in Sweden and how the recent €5 million investment from Banco Santander will expedite its global expansion.
Commonwealth Bank of Australia is to launch an online forum and information exchange where customers and bank staff can search for support and advice and engage in discussions for on-the-spot query resolution.
13 June 2013
Twitter is handing over $1 million in advertising credits to Chase small business customers as part of a wider partnership aimed at helping firms tap into the social network.
A pub chain run by a former Cambridge University scientist has started accepting bitcoins in exchange for pints of beer.
12 June 2013
Mobile banking professionals from around the world gathered in Barcelona on Tuesday for a day of networking and debate at the second annual MobeyDay. Finextra liveblogged events here.
11 June 2013
CaixaBank will be hosting MobeyDay 2013 in Barcelona, bringing together financial institutions from all over the world, as well as network operators, technology providers and consultancy firms specialising in mobile banking.
10 June 2013
Research from Finextra finds that banks around the world are looking to discounted offers and big data analytics to beat off the competition from telcos and tech start-ups as they battle for control of the consumer mobile wallet.
Australia's communications and media watchdog is warning that regulatory incoherence could stunt the growth of NFC-based mobile payments in the country.
06 June 2013
Financial data and news giant Bloomberg has branched out into the venture capital world, launching a $75 million fund focusing on technology start-ups within its "broad area of interest".
05 June 2013
Despite the hype surrounding mobile payments, the consumer love affair with notes and coins will continue unabated for at least another decade, with cash usage remaining on an upward curve in many developed and developing countries, according to a study by Market Platform Dynamics.
04 June 2013
Kenya's Safaricom has embarked on a major overhaul of its M-Pesa mobile money platform which will dramatically increase processing capacity, enabling near real-time payments.
Ukraine's PrivatBank has released a conceptual video showing how the bank's mobile applications will be used by customers donning Google Glass.
03 June 2013
In what is becoming a trend in the fintech world, Barclays has taken top honours at a London hackathon, this time triumphing at a weekend-long event hosted by payments start-up Birdback at Google Campus.
The development of digital payment advisor (DPA) applications residing on customer smartphones and mobile devices has the potential to significantly disrupt the payment value chain states analyst group Gartner
31 May 2013
With regulatory scrutiny of virtual currencies intensifying, the world's largest bitcoin exchange, MT. Gox, is rolling out a new identification system for users.
Spanish corporate behemoths CaixaBank, Santander and Telefónica have agreed to set up a joint venture to develop a range of digital services, including a mobile wallet.
30 May 2013
Commonwealth Bank of Australia has released a Bpay QR code reader and card PIN and activation functionality for its popular CommBank Kaching app for iPhone.
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