Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Sumitomo Mitsui rolls out messaging app bot

The Sumitomo Mitsui Financial Group has developed an AI chatbot that will answer customer questions over Line, the popular Japanese messaging app.

18 May 2017

Company update/Mobile & online banking

Yapi Kredi revamps mobile app with card control buttons, eyeprint ID and contactless ATMs

Yapı Kredi, Digital Bank of Turkey continues to develop revolutionary applications and to break new frontiers.

18 May 2017

News/Mobile & online banking

Paytm to open new Payments Bank next week

Indian mobile wallet giant Paytm is to open its new Payments Bank on 23 March, joining telco Bharti Airtel as one of the first non-banks to take advantage of the Government's relaxing of restrictions on bank licensing in an effort to boost financial exlusion.

18 May 2017

Company update/Mobile & online banking

Cardlytics appoints former Monitise SVP as UK banking head

Cardlytics, a purchase intelligence platform, has strengthened its senior team in the UK with the appointment of Campbell Shaw as the new UK Head of Banking.

18 May 2017

Company update/Mobile & online banking

Mobile comms a concern for compliance professionals

Smarsh®, the leading provider of information archiving solutions for compliance, e-discovery and risk management, today released its seventh annual Electronic Communications Compliance Survey Report.

18 May 2017

Company update/Mobile & online banking

First Data Clover rewired for Android Pay Smart Tap

Today First Data (NYSE: FDC) announced that its Clover platform will support Android Pay’s NFC-based smart tap messaging, making it available to developers.

18 May 2017

Company update/Mobile & online banking

Payments Canada names FinTech Cup finalists

The Payments Canada Summit will again play host to a competition between some of Canada’s most innovative FinTech, PayTech, AI and RegTech startups.

17 May 2017

News/Mobile & online banking

Ex-Tandem CTO onboard for Dubai-based digital bank

The former CTO of UK challenger Tandem has joined forces with experienced execs from the more traditional banking sector to build a digital-only bank in Dubai.

17 May 2017

Company update/Mobile & online banking

US Bank enables Masterpass from Mastercard for Android instore payments

U.S. Bank customers now have access to fast, simple and secure digital payments with Masterpass by Mastercard when shopping in-store with an Android device at participating merchants.

17 May 2017

Company update/Mobile & online banking

SocGen to run internal hackathon with Open Bank Project

The Open Bank Project, leading API solution for banks, has partnered with Societe Generale Group, one of the largest European financial services groups, to hold an internal hackathon focused on Open Banking.

17 May 2017

Company update/Mobile & online banking

Wipro goes big on blockchain

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, today announced that it has developed nine blockchain-based solutions for the Banking Financial Services and Insurance (BFSI), Manufacturing, Retail and Consumer Goods industries.

17 May 2017

Company update/Mobile & online banking

Oanda and Western Union team of cross-border money transfer

OANDA, one of the world’s largest providers of multi-asset trading services and foreign exchange solutions for individuals and businesses, today announced that it has teamed up with Western Union Business Solutions to deliver a new cross-border money transfer solution, OANDA Money Transfer.

17 May 2017

News/Mobile & online banking

Eastern Bank spins off online loan platform

Boston-based Eastern Bank has spun off an online loan platform for small businesses that was developed by its innovation lab into an independent company that has already raised $9 million in funding.

17 May 2017

Company update/Mobile & online banking

Tourism Toronto and OTT Financial introduce WeChat Pay to Canada

Tourism Toronto announced today a new strategic partnership with OTT Financial Group that introduces the Chinese mobile payment service, WeChat Pay, into local tourism businesses to boost travel and shopping consumption by Chinese travellers.

17 May 2017

News/Mobile & online banking

Fintech unicorn Transferwise moves into the black

Fintech unicorn Transferwise says the company has reached operational profitability six years after launch.

17 May 2017

Company update/Mobile & online banking

Wirecard's boon with Apple Pay arrives in Italy

Today Wirecard is bringing Apple Pay to boon customers in Italy.

17 May 2017

Company update/Mobile & online banking

SatoshiPay adds PayPal as a payments option

Coinsilium Group Limited (NEX:COIN), the accelerator that finances and manages the development of early-stage blockchain technology companies, is pleased to announce that SatoshiPay Ltd (‘SatoshiPay’), a Nano-Payments company in which Coinsilium has a 12.08% equity interest, has added PayPal (NASDAQ:PYPL) as a new medium for SatoshiPay users to recharge their accounts, opening up SatoshiPay’s services to 200 million active PayPal user accounts across 200 markets worldwide.

17 May 2017

Company update/Mobile & online banking

UniCredit brings Apple Pay to Italian customers

UniCredit announces that Apple Pay is now available for its Italian customers. Apple Pay is transforming mobile payments with an easy, secure and private way to pay which is fast and convenient.

17 May 2017

News/Mobile & online banking

DrnkPay app blocks credit cards if you've had too much to drink

A new mobile app is promising to help users avoid drunken late night impulse spending by linking credit and debit cards to a breathalyser and, if too much has been imbibed, barring certain purchases.

17 May 2017

Company update/Mobile & online banking

SoFi moves into wealth management

Today, SoFi announced the general availability of SoFi Wealth, the first low-cost online wealth management platform to combine an easy-to-use online and mobile interface with unlimited access to live, licensed financial advisors, giving people the guidance they need to understand, define, and then work toward achieving their investing goals.

16 May 2017