Latest Online banking News: Finextra Research

News/Online banking

UBank names Alex Twigg GM

UBank, the direct arm of Australia's NAB, has appointed its head of strategy Alex Twigg as general manager.

08 July 2010

News/Online banking

Vodafone and Doha Bank team on mobile money service

Vodafone has partnered Doha Bank to launch a mobile money transfer service aimed at Qatar's large expat community.

05 July 2010

News/Online banking

UK-based fintech vendor Intelligent Environments has outlined plans for a reverse takeover of Documetric, a provider of outsourcing services in finance and administration, including payments processing, content management and business intelligence.

05 July 2010

News/Online banking

Former bank IT man pleads guilty to $1m ID theft scam

A computer technician has pleaded guilty to stealing the personal information of 2000 former colleagues at the Bank of New York Mellon and using it to pilfer over $1.1 million from charities, non-profit groups and other institutions.

05 July 2010

News/Online banking

Barclays banks on £1bn investment to boost global retail business

Barclays is planning to invest around £1 billion in its global retail banking operations over the next four years, completing its branch network overhaul and pushing new technologies such as mobile and contactless.

01 July 2010

News/Online banking

PFM pioneer Wesabe goes to the wall

Personal financial management pioneer Wesabe is to shut down its operations after running out of money.

01 July 2010

News/Online banking

Piraeus opens first online bank for the Greek market

Piraeus Bank is to launch Greece's first stand-alone direct bank through an extension of its electronic banking channel Winbank.

30 June 2010

News/Online banking

Wells Fargo extends m-banking app range; offers text banking at ATMs

Wells Fargo has launched mobile banking applications for Android, BlackBerry and Palm phones, adding to the iPhone app introduced last year.

29 June 2010

News/Online banking

Fraudsters pocket $10 million in four-year micro-payment scam

The Federal Trade Commission has called time on an elaborate four-year old micro-payment scam that saw more than $10 million in bogus charges placed on consumers' credit and debit cards.

29 June 2010

News/Online banking

Twitter settles FTC security charges

Twitter has agreed to settle Federal Trade Commission (FTC) charges that it deceived consumers and put their privacy at risk by failing to safeguard personal information.

25 June 2010

News/Online banking

Police arrest teenagers linked to massive cybercrook forum

UK police have arrested two teenagers as part of an investigation into what is believed to be the biggest English language cybercrime forum in the world.

23 June 2010

News/Online banking

FBI warns on denial-of-service phone scam

The FBI has issued a warning to Americans after a spate of telecommunications denial-of-service (TDoS) attacks left fraudsters able to access online bank and brokerage accounts.

23 June 2010

News/Online banking

Finextra: the conversation started a decade ago

Finextra is celebrating a decade of innovation as the leading news service, information resource and community platform for financial technology professionals worldwide.

18 June 2010

News/Online banking

New players beat traditional banks in public trust stakes

With traditional high street banks losing public confidence in the wake of the financial crisis, online provider first direct and P2P lender Zopa have taken advantage to emerge as the industry's most trusted players, according to research from Moneywise magazine.

18 June 2010

News/Online banking

Microsoft develops Internet fraud alert system

An Internet Fraud Alert system designed to provide security researchers with a way to report information they find online about stolen account credentials has been launched by a Microsoft-led coalition.

18 June 2010

News/Online banking

Co-op Bank tops UK sales site table

The Co-operative Bank has topped a review of how well UK retail financial services Web sites sell services and products, with Yorkshire Bank bottom of the pile.

17 June 2010

News/Online banking

Fiserv signs up 100 financial institutions to P2P payments service

US vendor Fiserv says it has signed up more than 100 financial services firms to offer a new P2P payments service that lets users send money directly from their bank accounts to anyone they know using only an e-mail address or mobile phone number.

17 June 2010

News/Online banking

FSA warns on social media financial promotions

The FSA says financial firms must ensure they provide appropriate risk warnings when using new media such as social networking sites, blogs and forums to promote products and services.

15 June 2010

News/Online banking

RBS bids to rebuild trust with customer charter

The Royal Bank of Scotland has launched a 14-point 'customer charter' designed to rebuild public faith in the part-nationalised giant after a torrid two years.

14 June 2010

News/Online banking

JPMorgan Chase hires PayPal's Stephenson to expand mobile and Net payment services

JPMorgan Chase has hired PayPal veteran Jack Stephenson as director of mobile, e-commerce and payments.

14 June 2010