Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Asia catching US in value of fintech deals

Venture capital investment in Asia-based fintech start-ups reached $5.4 billion in 2016 just shy of the $5.5 billion invested in the US.

20 February 2017

News/Online banking

Banks should be liable for scam victims' losses says consumer group

Consumer group Which? has accused the UK's Payment System Regulator (PSR) of letting banks off the hook by not forcing them to reimburse customers who fall victim to online money transfer scams.

16 December 2016

Company update/Online banking

African banks losing their share of payment space - report

Traditional banks are poised to lose as much as 50% of their ownership of the payment space by the end of 2016.

29 July 2016

News/Online banking

Fintech founder calls Aussie banks hyprocrites over Apple Pay complaints

The founder of an Australian robo-advisor has accused the country's banks of hypocrisy over their cries of anti-competitive behaviour from Apple Pay

29 July 2016

News/Online banking

Lloyds to cut further 3000 jobs and close 200 branches in wake of Brexit vote

Lloyds Banking Group is accelerating its cost-cutting drive by announcing more job cuts and branch closures despite doubling its profit in the first half of 2016.

28 July 2016

Company update/Online banking

CSI grows mobile banking business with new customers

Computer Services, Inc. (CSI), a provider of end-to-end financial technology solutions, has signed its 100th mobile banking customer within six months after launching a new mobile banking platform.

22 July 2016

Company update/Online banking

Tempo Money Transfer and Unistream build on collaborative venture

International money transfer system, Tempo Money Transfer and one of the CIS –leading remittances provider, Unistream, have successfully completed the next stage of its joint project.

21 July 2016

News/Online banking

Standard Chartered launches global video banking push

UK bank Standard Chartered is planning to roll out its video banking service to more than five million users across Asia, Africa and the Middle East.

21 July 2016

News/Online banking

Lloyds Bank launches mentoring service for fintechs

Lloyds Banking Group has become the latest UK high street bank to launch a mentoring service for fintech startups.

18 July 2016

Company update/Online banking

MyOrder and Wirecard team up for digital wallet launch

The Wirecard Group and MyOrder B.V. (a Rabobank Company) cooperate to create new FinTech solutions. Wirecard and MyOrder now enabled GRPPY (Grouppay, www.grppy.com) to create a shared wallet.

09 June 2016

Company update/Online banking

UK high street banks sign up for VocaLink's Zapp app

VocaLink today announces its new “Pay by Bank app” service is soon to be available to customers of four of the UK’s biggest banks.

09 June 2016

Company update/Online banking

MUUME raises more than CHF2.2M

The Fintech company MUUME receives CHF 2.2 million for growth financing: The Frankfurt-based private equity company Heliad Equity Partners as the lead investor, the successful entrepreneur and investor Hans Thomas Gross as well as the Zurich-based Family Office Keller are involved in the Swiss company MUUME Group AG in order to advance the further market entry and international expansion.

07 June 2016

News/Online banking

Fintech's success raise questions about EU's crowdfunding limits

A fintech startup aimed at teaching children how to manage their pocket money has become the most highly funded crowdfunded fintech startup in Britain after raising just under £4m in a matter of weeks.

07 June 2016

News/Online banking

Token launches payment network for PSD2 compliance

A new payment network is aiming to help banks turn compliance with the latest payment services directive into a money-spinning exercise.

07 June 2016

Company update/Online banking

WTSS and Key Performance team up to improve online bank consumer experience

WTSS B.V and Key Performance today announced to partner up in order to better serve the banking community on their performance and ‘online client experience’ monitoring for the banks' digital channels.

07 June 2016

News/Online banking

MyBank completes pilot transaction for digital ID service

A digital authentication service has completed its first transaction at the EBAday event in Milan.

07 June 2016

News/Online banking

Europeans ready to quit banks over out-of-date technology

As they increasingly bank online and through their mobiles, many Europeans say that they would leave providers that do not offer up-to-date technology, a survey from Fujitsu shows.

04 May 2016

Company update/Online banking

OCBC launches Apple Watch mobile banking app

OCBC Bank has launched a new mobile banking app designed for Apple Watch.

29 March 2016

Company update/Online banking

Alior Bank equips customer-facing staff with iPads

Alior Bank today announced it selected an IBM (NYSE: IBM) MobileFirst for iOS app to fundamentally transform the way customers in Poland interact with the bank.

18 September 2015

Company update/Online banking

Bitcoin DDOS ransom hackers target banks

Akamai Technologies, Inc. (NASDAQ: AKAM), the global leader in content delivery network (CDN) services, published today, through the company's Prolexic Security Engineering & Research Team (PLXsert), a new cybersecurity case study.

10 September 2015