6780 articles tagged with this keyword
News/cloud
PwC has signed on as a strategic implementation platform for Starling Bank's Software-as-a-Service platform, Engine.
07 December 2023
News/security
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.
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.
Commerzbank is working with Microsoft to use generative AI and avatar technology for a new virtual assistant in its mobile app.
28 November 2023
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
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.
20 November 2023
US digital banking platform HMBradley is winding down its consumer business and will instead try to sell its technology to banks.
17 November 2023
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
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.
15 November 2023
Having already left the US and UK, German digital bank N26 is quitting the Brazilian market as it narrows its focus on continental Europe.
08 November 2023
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.
03 November 2023
Kroo, a self-described "socially conscious" digital bank, is launching a crowdfunding campaign on Crowdcube.
01 November 2023
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.
27 October 2023
News/predictions
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.
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.
25 October 2023
Barclays' mobile and online banking services went down for around two hours on Tuesday.
17 October 2023
Bendigo and Adelaide Bank says it is already reaping the benefits of shifting its digital platform to Google Cloud.
16 October 2023
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