15418 articles tagged with this keyword
News/retail
Barclays is the latest UK bank to set out plans to trim its branch network in 2024, earmarking another 18 sites for closure.
05 December 2023
News/regulation
Intesa Sanpaolo has been ordered by Italy's competition authority to stop the migration of 2.4 million customers to its new app-only offshoot unless it gets express consent from the users.
01 December 2023
Lloyds Banking Group has earmarked another 45 branches for closure in 2024, citing the migration to digital channels.
30 November 2023
N26 says it expects to halve its net losses in in 2023 before hitting profitability on a monthly basis the following year. Meanwhile, the German digital bank has unveiled plans for a new investment product for stocks and ETFs.
Company update/retail
Digital bank Kroo’s first crowdfunding round closed today, having raised over £2M, exceeding its initial target by 200%. The final figures saw investment come from over 45 countries and 2,702 investors who contributed, on average over £740.
29 November 2023
Commonwealth Bank has today provided an update on its strategy to reimagine the banking experience for its retail and business customers as they increasingly adopt and use its leading digital banking services.
Company update/payments
Square today launched Tap to Pay on iPhone across the UK, making it the third market globally where Square will offer the technology to its sellers.
28 November 2023
Commerzbank is working with Microsoft to use generative AI and avatar technology for a new virtual assistant in its mobile app.
Thousands of HSBC customers in the UK have been unable to access online and mobile banking services, preventing them from authorising online card purchases on Black Friday.
24 November 2023
China Resources Bank has debuted two key components of its Financial Infrastructure Innovation Platform – a financial transaction cloud and a new supply chain finance platform – built on ORIGIEN, the financial-grade digital infrastructure developed by digital transformation specialist GienTech.
21 November 2023
BMA Banking Systems, a provider of core banking software and services to independent-minded community financial institutions, has selected Bankjoy, a leading digital banking provider as a preferred partner for online and mobile banking.
20 November 2023
Alphabet-backed fund Capital G is in talks to acquire a stake in Monzo as part of a funding round that could raise up to £500 million at a £4 billion valuation for the UK digital bank, according to Sky News.
Company update/Mobile & online banking
RapiPay Fintech Private Limited, a leading assisted financial service company has partnered with Jana Small Finance Bank Limited to offer digital banking experience to the customers through its financial mobile app, NYE.
PT Bank Jasa Jakarta (BJJ), owned by Astra Financial and WeLab since 2022, today launched Bank Saqu, a digital banking service, as a financial partner for individuals and SMEs in Indonesia with a solopreneur spirit.
US digital banking platform HMBradley is winding down its consumer business and will instead try to sell its technology to banks.
17 November 2023
News/security
Lynx, a Madrid-based firm using AI to detect and prevent fraud and financial crimes, has raised $!8 million in Seres A funding.
16 November 2023
Apple has announced that businesses based in France can now accept in-person and contactless payments via Tap to Pay on iPhone.
15 November 2023
News/payments
Irish banks have abandoned plans to launch a mobile payments app in the face of regulatory holdups and a rapidly changing payments landscape.
Alipay+, the cross-border digital payment and marketing solutions provider, has announced a landmark partnership with leading European open banking platform, Yapily, to explore the application of open banking on various mobile payment platforms and enhance connectivity between consumers and merchants globally.
Worldline [Euronext: WLN], a global leader in payment services, announces it has enabled Tap to Pay on iPhone for large merchant customers in France.
14 November 2023
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.