Mobile & online banking

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/retail

Revolut hits 10m customer mark in the UK

Revolut, the global financial technology company, has today announced it has reached ten million customers in the UK.

/cloud

Consumers Credit Union signs with Lumin Digital

Consumers Credit Union, based in Lake Forest, IL, today announced its plans to implement a new digital banking solution for its members from leading cloud-native digital banking provider, Lumin Digital.

/wholesale

TBC Uzbekistan opens waitlist for digital business banking service

TBC Uzbekistan, the leading digital banking ecosystem in Central Asia, launched a waiting list for its upcoming new product offering, TBC Business, set to go live later this year and become the country’s first fully digital banking service for SMEs and individual entrepreneurs.

/payments

Velmie and A2 combine for agent banking project in Mauritania

Velmie, a provider of innovative fintech solutions, is thrilled to announce its partnership with A2 Holding, a leading connectivity group with extensive experience in FinTech, ICT and Internet provider based in Nouakchott, Mauritania, to explore the market while launching a joint agent banking project.

What is mobile banking?

/Mobile & online banking

Hamish Monk Senior Reporter at Finextra

What is mobile banking?

/retail

Old Second National Bank selects Newgen for digital account opening

Newgen Software, a global provider of an AI-led digital transformation platform, announced its partnership with Old Second National Bank, one of the oldest banks in the US. To enhance its account management process, the bank opted for Newgen’s advanced digital account opening and maintenance solution, built on the NewgenONE low-code platform.

/retail

Westpac reports steep rise in app uptake in H1

The number of customers using personal finance tools in Westpac’s mobile banking app has increased by 36% since the start of the year, with around 620,000 logging in each month to access features to help monitor cash flow, categorise spending and manage bills.

Lloyds Banking Group plans 292 branch closures in 2025

/retail

Lloyds Banking Group plans 292 branch closures in 2025

Lloyds Banking Group has confirmed that it will be closing 292 bank branches across the UK in 2025.

/payments

Zambia neobank Lupiya partners Network International for debit card

Network International (Network), the leading enabler of digital commerce across Africa and the Middle East, has announced that Zambian fintech and neobank, Lupiya, has appointed Network as their digital payments technology partner to launch a new debit card.

/payments

Flutterwave's Send App launches in Malawi

Flutterwave, Africa’s leading payment technology company, today announced that its flagship remittance product, Send App by Flutterwave, has launched commercially in Malawi. Customers can continue to use Send App to facilitate faster, easier, and more affordable cross-border money transfers into Malawi.

/people

Grasshopper makes digital banking team additions

Grasshopper, the client-first digital bank built for the business and innovation economy, today announced the addition of four key hires to its Digital Banking team:

/payments

EMVCo releases new testing service for TapToMobile transactions

Global technical body EMVCo has launched a dedicated testing approval process to promote a more seamless experience when smartphones and other handheld mobile devices are used to accept contactless payments – known as TapToMobile.

Financial management app IN1 raises $6m

/startups

Financial management app IN1 raises $6m

IN1, a financial management app for fiat and crypto currencies, has raised $6 million in seed funding.

/cloud

Krom Bank taps AWS Cloud for digital banking in Indonesia

Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that PT Krom Bank Indonesia Tbk (“Krom Bank”), a member of Kredivo Group, built on AWS services since it launched the Krom digital banking service.

/retail

Digital busines bank kompasbank raises EUR5.5m

Investors continue supporting kompasbank’s growth journey, contributing an additional EUR 5.5 million to the digital business bank.

PayPal revamps app to offer choice rewards programme

/payments

PayPal revamps app to offer choice rewards programme

PayPal is rolling out a new rewards programme and more personalised ways for users to manage their spending in a major revamp designed to give consumers a smart choice for every purchase, every time.

/payments

Ant Group sees 300% rise in international users adopting mobile payment in China in 2024

Ant Group today announced the number of international visitors who have used its mobile payment services in China quadrupled over the past six months, following the launch of the International Consumer Friendly Zones program in March that has now expanded to 70 Chinese cities.

/payments

DNA Payments releases merchant portal app for iOS and Android

DNA Payments today launched its new Merchant Portal App for iOS and Android, bringing the full functionality of DNA Payments’ Merchant Portal to any smartphone.

Multiple UK banks hit by app outage spikes

/retail

Multiple UK banks hit by app outage spikes

Lloyds Bank is facing multiple complaints from customers related to an apparent failure of its online banking app.

NatWest app glitch leaves customers unable to make payments

/payments

NatWest app glitch leaves customers unable to make payments

For the second time in three months, the NatWest banking app has suffered technical issues, leaving some customers unable to make payments or fund transfers on Friday morning.

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