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News/Innovation
Customers around the world are becoming increasingly comfortable carrying out major "high touch" interactions with their banks through virtual channels, according to a survey from Cisco.
24 April 2013
A Premier League football club has begun trialling a digital wallet from Manchester-based 2ergo that lets supporters download coupons to their handsets for use within the stadium.
23 April 2013
More than half of people say they are prepared to ditch their bank and shop around for a new provider, according to a global study from Capgemini and Efma which suggests that the emerging mobile channel could prove a crucial battleground in the fight for customers.
A two-man team from Lloyds TSB has won top honours at Microsoft's week long Digital Wallet Foundry identity and loyalty hack-a-thon in London with a proof-of-concept application to ease customer verification at the check out.
19 April 2013
Sherpa, a voice-activated Android competitor to Apple's Siri virtual assistant has launched in the US, with support for automated funds transfer between PayPal accounts.
18 April 2013
Backed by major banks and telcos, the Amsterdam arm of Startupbootcamp has launched an NFC and contactless offering, inviting young firms to pitch for a place on a three month programme with access to funding, workspace and specialist advice.
Amazon has filed a patent for the creation of an 'anonymous mobile payment' system, in which the Web retailer sits as a middle man between parties to a transaction.
17 April 2013
Visa Europe has beefed up its mobile payments service with the addition of features which let customers send money from their phone to any Visa cardholder on the continent, in any currency.
Ukraine's PrivatBank is set to launch a full suite of banking apps for hipsters donning Google's smart glasses.
Travellers on Beijing's subway have begun trialling a system that uses sound waves to let them pay for goods at vending machines through their mobile phones.
16 April 2013
For the second time in a week Twitter has stopped a payments service that uses its platform, killing off the Flattr favourite-to-tip micro-donation system.
Allied Irish Bank (AIB) has unveiled a high-tech concept branch in Dublin that will showcase the firm's digital services.
Electronics giant LG has struck a deal to integrate PayPal into its Smart TV platform, enabling viewers to pay for products and services through their remotes.
11 April 2013
Within hours of launching, a Twitter in-stream payments service from start-up Ribbon has been killed off by the micro-blogging site.
The massive fall in the value of Bitcoin yesterday was not due to a DDoS attack, but to a rash of new traders overwhelming systems as they rushed to get a slice of the virtual currency pie, insists exchange MT. Gox.
BNP Paribas is planning to open a new online bank this year as it seeks to cut costs by shifting customers away from expensive branch-based services, according to local reports.
10 April 2013
New York-based start-up Coinsetter has raised $500,000 in seed funding as it prepares to launch its forex trading platform for bitcoin.
Mozilla is to introduce an experimental Web API designed to make online payments on the desktop and mobile as easy as the checkout button for merchants.
05 April 2013
ANZ says that more than a million Aussies are now using its goMoney mobile-to-mobile payments app, transferring around A$2.5 billion a month.
Bloomberg is to integrate real-time Twitter feeds into its market data terminal. The announcement follows this week's decision by the US Securities and Exchange Commission to allow companies to use social media for corporate disclosures.
04 April 2013
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