Mobile & online banking

6780 articles tagged with this keyword

/cloud

PwC forms alliance with Starling's Engine SaaS platform

PwC has signed on as a strategic implementation platform for Starling Bank's Software-as-a-Service platform, Engine.

/security

CommBank and Vodafone share real-time intelligence on SMS scams

Commonwealth Bank of Australia is collaborating with Vodafone to share SMS scam intelligence in near real-time, allowing the telco to identify and disrupt scammers while the bank makes proactive blocks on fraudulent payments.

/retail

Barclays set to shut more branches

Barclays is the latest UK bank to set out plans to trim its branch network in 2024, earmarking another 18 sites for closure.

/regulation

Italian watchdog hits Intesa Sanpaolo over customer migration to app-only unit

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.

/retail

Lloyds to close more branches

Lloyds Banking Group has earmarked another 45 branches for closure in 2024, citing the migration to digital channels.

/retail

N26 eyes profitability in 2024

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.

/retail

Commerzbank builds GenAI-powered virtual assistant

Commerzbank is working with Microsoft to use generative AI and avatar technology for a new virtual assistant in its mobile app.

/retail

HSBC customers hit by mobile banking outage

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.

/retail

Alphabet fund in talks over Monzo investment - Sky News

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.

/retail

HMBradley shuts consumer business; pivots to B2B

US digital banking platform HMBradley is winding down its consumer business and will instead try to sell its technology to banks.

/security

Lynx raises $18m for AI-powered fraud fighting tech

Lynx, a Madrid-based firm using AI to detect and prevent fraud and financial crimes, has raised $!8 million in Seres A funding.

/payments

Irish banks ditch plans to build mobile payments app

Irish banks have abandoned plans to launch a mobile payments app in the face of regulatory holdups and a rapidly changing payments landscape.

/retail

N26 quits Brazil

Having already left the US and UK, German digital bank N26 is quitting the Brazilian market as it narrows its focus on continental Europe.

/security

HSBC warns of spike in dummy apps

HSBC has issued an urgent fraud warning after a spike in the number of UK customers downloading dummy apps that trick users into handing over financial information.

/retail

Digital bank Kroo launches crowdfunding campaign

Kroo, a self-described "socially conscious" digital bank, is launching a crowdfunding campaign on Crowdcube.

/retail

Monzo in talks to raise £300m - Sky News

UK digital challenger bank Monzo is in talks to raise £300 million in funding at a valuation of more than £3.5 billion, according to Sky News.

/predictions

Lunar’s stratospheric plans for the Eurozone in 2024

Looking forward to 2024, Finextra spoke to CEO of Nordic challenger bank Lunar, Ken Villum Klausen to examine plans for the digital challenger banks continuing success.

/regulation

MAS orders DBS and Citibank to investigate lengthy outage

The Monetary Authority of Singapore has ordered DBS and Citibank to investigate why it took so long to get their systems back up after an outage earlier this month that disrupted online and payment services.

/retail

Barclays mobile banking goes down

Barclays' mobile and online banking services went down for around two hours on Tuesday.

/cloud

Bendigo and Adelaide Bank shifts digital system to Google Cloud

Bendigo and Adelaide Bank says it is already reaping the benefits of shifting its digital platform to Google Cloud.