Mobile & online banking

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/Mobile & online banking

KAS Bank develops digital dashboard to lift the lid on pension scheme costs

KAS BANK, the specialist provider of securities services to the UK pension industry, has developed the UK’s first cost transparency digital dashboard, designed to shine a light on the myriad costs and charges paid by defined benefit (DB) pension schemes, which together look after the pension savings of 33.5 million people across the UK.

/Mobile & online banking

PayU Colombia deploys Mambu for short-term lending

Mambu, the SaaS banking engine powering innovative loan and deposit products, today announced that PayU Colombia has deployed their solution to drive the payment services provider’s new short term deferred payment product.

/Mobile & online banking

Prosper kills off Daily app

Today we are announcing that we’ll be discontinuing the Prosper Daily app as of August 31st. To help our users through this transition, we’ve teamed up with Clarity Money, a personal finance app that offers many of the same features as Prosper Daily.

/Mobile & online banking

Mashreq deploys Vipera for mobile wallet

This Sunday saw the launch of MashreqPay, the first converged wallet in the GCC.

/Mobile & online banking

New South Korean digital bank signs up one million users in five days

South Korean messaging giant Kakao has launched its digital bank, signing up more than one million account holders in its first few days.

/Mobile & online banking

Digital boom era for small businesses

Gary Turner, UK Co-Founder and Managing Director, Xero Limited, talks at the SAP Financial Services Forum about how small businesses that once struggled to compete with large organisations now have the upper hand due to being more adaptable to new digital technologies - and because of increased accessibility to modern cloud tools and mobile.

/Mobile & online banking

Eurobank launches Masterpass wallet for online payments

Eurobank, one of the leading banks in Greece, recently launched a mobile wallet integrating Mastercard’s Masterpass, in an effort to reduce abandonment rates in e-commerce payments.

/Mobile & online banking

PayPal joins £4 million Cloud IQ round

Today Cloud IQ, the commerce optimisation platform, announces that it has raised a £4m round, including an investment from PayPal (NASDAQ: PYPL).

/Mobile & online banking

EMVCo publishes QR Code payment specifications

EMVCo, the global technical body that manages the EMV® Specifications, has publicly released two QR Code payment specifications that support merchant-presented QR Code and consumer-presented QR Code use cases.

/Mobile & online banking

N26 to offer consumer loans with auxmoney tie-up

N26 Credit is a completely paperless way to get a consumer credit loan that allows you to borrow between €1.000 and €25.000.

/Mobile & online banking

Paysafecard enters UAE

paysafecard, a global leader in online prepaid payment methods and part of Paysafe Group plc, enters the United Arab Emirates, offering a secure and fast prepaid payment solution that will not require bank or credit card details.

/Mobile & online banking

Ingenico extends Alipay acceptance to banks and acquirers in Europe

Ingenico Group, the global leader in seamless payment, has signed an agreement with Alipay, the world’s largest online and offline payment platform operated by Ant Financial Services Group, enabling Chinese tourists to pay with their favourite digital wallet in European stores.

/Mobile & online banking

Andy Murray joins Revolut crowdfunding round

Tennis champ Andy Murray is one of tens of thousands of investors to have pledged to join a multi-million pound crowdfunding round for digital banking outfit Revolut.

/Mobile & online banking

Investing app Acorns teams up with PFM firm Clarity Money

Acorns, the country’s fastest-growing micro-investing app with more than 2 million accounts, today announced its partnership with Adam Dell’s Clarity Money, the personal finance app that acts as the “Champion of your Money.”

/Mobile & online banking

Digital sales reach record high at BBVA

Spanish bank BBVA is reporting nearly a million product sales through purely digital channels in June.

/Mobile & online banking

Moroku joins Temenos Marketplace

Swiss based Temenos today announce that it is making Moroku’s ChoreScout app available to its banking customers via the Temenos Marketplace to help banks educate the next generation on better money management and invest in long term relationships.

/Mobile & online banking

BofA and PayPal team on in-store payments and account linking

Bank of America [NYSE: BAC] and PayPal [NASDAQ: PYPL] today announced a strategic partnership that will soon enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards into PayPal.

/Mobile & online banking

Banca Sella takes stake in mobile banking firm Vipera

In a share subscription arranged by Vipera plc (AIM:VIP), Banca Sella Holding S.p.A (“Sella Bank Group”) has taken a 12.49% stake in Vipera, for its own account.

/Mobile & online banking

Central Bancshare converts to Jack Henry core

Jack Henry Banking division announced that Central Bancshares Inc. (CBI) implemented the SilverLake System in both of its financial institution subsidiaries in order to empower the banks with a competitive and scalable technology infrastructure.

/Mobile & online banking

Banks need to differentiate through data

Gerald Grattoni, Head of EMEA Financial Services Solutions, Intel, and Andy Hirst, VP, Banking Solutions, SAP, talk at the SAP Financial Services Forum about the drivers for banks and insurers to exploit data and analytics, how cheap storage and real-time tools are making data more accessible, the best use cases for machine learning to automate repetitive processes, and how firms must manage challenges around governance and data integrity, while finding the right balance in AI deployment out to customers.