Mobile & online banking

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Westpac to work with iconic design gurus for wearable payments play

/Mobile & online banking

Westpac to work with iconic design gurus for wearable payments play

Westpac is to work with top lifestyle designers to create a range of wearable tap and go payment attachments that can be fitted to consumer accessories.

/Mobile & online banking

Slide aims to become South Africa's Venmo

South Africa has just got its own version of Venmo, one of the US’s most successful payment platforms owned by PayPal that processes $25 billion in person to person payments annually.

Mobile apps replace bank branches for UK millennials

/Mobile & online banking

Mobile apps replace bank branches for UK millennials

More than half of millennial Brits now regularly use their mobile phones to keep on top of their financial affairs, according to a Visa survey.

/Mobile & online banking

FS firms failing to fully implement cross-channel authentication management

Nice Actimize, a Nice (Nasdaq:NICE) business, has released a joint survey with PwC today which outlined the state of omni-channel authentication strategies at financial services organizations (FSOs), observing that only 28 percent of FSOs have fully implemented cross-channel authentication management.

Halloween howler: HSBC suffers online banking gremlins

/Mobile & online banking

Halloween howler: HSBC suffers online banking gremlins

High street bank HSBC was forced to apologise to UK customers after its online banking service went down for a chunk of Friday.

New York subway to go contactless

/Mobile & online banking

New York subway to go contactless

New York is finally ditching the old-fashioned MetroCard and following in London's footsteps by allowing subway users to pay for their journeys with contactless bank cards and mobile wallets such as Apple Pay.

/Mobile & online banking

Getswish partners Tieto and Bontouch on mobile payments

Getswish, the company behind real-time payment solution Swish, is partnering with Tieto and Bontouch to take the next step in the development of mobile payments.

Barclays introduces pop-up questionnaire for unusual online funds transfers

/Mobile & online banking

Barclays introduces pop-up questionnaire for unusual online funds transfers

Barclays Bank customers making 'out-of-character' online funds transfers will first have to answer a battery of questions designed to make them reflect on whether they may be a victim of a scam

The overriding notion of connected commerce

/Mobile & online banking

The overriding notion of connected commerce

Andy Mattes, CEO, Diebold Nixdorf, talks about how digital transformation is changing the banking industry faster than ever before with banks having to service their clients both physically and digitally, what the major trends are at play here and whether there is still a need for cash in modern societies.

/Mobile & online banking

TSB prepares to unveil new banking platform

Today, 26 October 2017, TSB announces its financial results for the nine months to 30 September 2017.

Nordea to cut 6000 jobs as digital transformation progresses

/Mobile & online banking

Nordea to cut 6000 jobs as digital transformation progresses

Nordea is to cut 6000 jobs as it continues the task of preparing the bank for a digital future.

/Mobile & online banking

Mobile engagement tops Internet at Capital Bank and Vons CU

Capital Bank and Vons Credit Union today announced that for the first time, Mobile engagement has surpassed Internet banking interactions.

/Mobile & online banking

SBI leads $2 million round in Jirnexu

Southeast Asian fintech startup Jirnexu – Southeast Asia’s only full stack fintech solutions provider – has raised US$2 million in a pre-Series B round.

Businesses flock to app-based Revolut

/Mobile & online banking

Businesses flock to app-based Revolut

European app-based banking outfit Revolut is claiming strong uptake of its business account offering, signing up 16,000 firms since June.

Forget fintechs, banks need to worry about Alibaba and Amazon

/Mobile & online banking

Forget fintechs, banks need to worry about Alibaba and Amazon

Banks may have seen off the challenge from fintech startups but they now face the far bigger threat of platform giants such as Amazon and Alibaba eating into their margins, warns a new report from consultancy McKinsey.

ING looks to turn a branch into a home

/Mobile & online banking

ING looks to turn a branch into a home

ING has become the latest bank to try its hand at a branch makeover, opening a tech-packed "client house" in Belgium.

/Mobile & online banking

Current raises $5m

Financial technology company Current today announced today it has raised $5 million in a Series A funding round led by QED Investors, with additional investment from Cota Capital.

Uber launches credit card

/Mobile & online banking

Uber launches credit card

Ride-hailing app Uber is pushing further into the financial services sphere, teaming up with Barclaycard US to launch a rewards-heavy Visa credit card.

/Mobile & online banking

Kinecta Federal Credit Union invests $3m in Constellation Digital Partners

Constellation Digital Partners, LLC has secured a new partnership and Class A $3 million investment from Kinecta Federal Credit Union, based in Manhattan Beach, Calif.

ING sets up EUR300m fintech fund

/Mobile & online banking

ING sets up EUR300m fintech fund

ING has become the latest bank to launch a fintech venture fund, earmarking EUR300 million for investments in promising startups.

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