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

Canadians ready to drop cheques

Dropping the $1,000 note and penny from our currency pales in comparison to the paperless, digital payment revolution that is underway. According to the Payments Pulse survey conducted by Payments Canada and Leger Marketing, the country seems willing to change with a majority ready to drop cheques altogether and half willing to do the same with cash.

09 May 2017

News/Mobile & online banking

ING digitises current account opening in Germany

ING's German arm has completely digitised its current account opening process, enabling would-be customers to ditch paper and signatures in exchange for video-chat authentication.

09 May 2017

Company update/Mobile & online banking

Irdeto and Rogue Wave combine to protect bank APIs

Irdeto, the world leader in digital platform security, and Rogue Wave Software, maker of Akana and a leading provider of API Management, API security and Microservices solutions for digital businesses, have announced a partnership to help banks and payment service providers (PSPs) protect their open APIs.

09 May 2017

Company update/Mobile & online banking

First Data to begin roll out of Alipay to merchant client base

More than 450 million people globally use Alipay to pay for goods and services at home and abroad.

09 May 2017

Company update/Mobile & online banking

Fortumo expands African coverage, launches in Algeria, Ghana and Tanzania

The mobile payments company Fortumo is today announcing that it has expanded its carrier billing services to 3 new African markets.

09 May 2017

Finextra TV/Mobile & online banking

Demand for new ways to consume financial services

Nick Ogden, Executive Chairman, ClearBank, discusses the importance of creating new banks, how they can differentiate themselves, and the development of the UK fintech scene.

08 May 2017

News/Mobile & online banking

Deutsche Bank backs pan-industry online identity platform

Deutsche Bank is teaming up with a host of major firms to set up a platform for online registration, e-identity and data services.

08 May 2017

Finextra TV/Mobile & online banking

Data is a key legal issue for open banking

Yvonne Dunn, Partner, IT, Pinsent Masons, outlines legal complexities surrounding open banking and where the opportunities will arise.

08 May 2017

Company update/Mobile & online banking

ING joins Digicash family

ING is joining the DIGICASH family with the launch of its ING DIGICASH app in Luxembourg.

08 May 2017

Company update/Mobile & online banking

V-Key names Tony Chew as chief security architect

V-Key, a global leader in software based digital security, announced the appointment of Tony Chew to the position of Chief Security Architect.

08 May 2017

News/Mobile & online banking

Barclays campaigns to take on fraudsters

The UK's Barclays Bank is rolling out a service to enable customers to switch off debit cards direct from their mobile app as part of a £10m nationwide drive to increase the public’s awareness of financial fraud risks.

08 May 2017

Company update/Mobile & online banking

Gemalto Secure Element in Galaxy S8 to support Samsung Pay move into ticketing and transit

Gemalto (Euronext NL0000400653 GTO)'s embedded Secure Element (eSE) - a smart chip with a secure OS and applications - will soon be integrated into the recently launched Samsung Galaxy S8 in selected markets.

05 May 2017

News/Mobile & online banking

Hackers exploit SS7 telco flaw to raid German bank accounts

02 has confirmed that hackers exploited long-known weaknesses in a protocol that connects back-end telco networks to intercept and re-route two-factor verification codes sent by German banks to customer mobiles to authorise online funds transfers.

05 May 2017

Company update/Mobile & online banking

One in four banks find it difficult to verify the identity of online banking customers

According to the latest Financial Institutions Security Risks survey, 24 per cent of banks worldwide struggle with the identification of their customers when delivering digital and online banking services.

05 May 2017

News/Mobile & online banking

Capital One Canada launches free credit score tool

Canadians are suffering from ostrich syndrome, according to a new survey from Capital One which shows that more than half have never attempted to get their credit score.

05 May 2017

News/Mobile & online banking

CIBC ditches NFC payments app

Canadian Imperial Bank of Commerce (CIBC) has quietly pulled its SIM-based NFC mobile payments app from the Google Play Store, citing the popularity of alternatives from Samsung and Apple.

05 May 2017

Company update/Mobile & online banking

CardFlight ships new mPOS readers

CardFlight, a mobile point of sale (POS) provider, is launching the Swift B200 and Swift B250, a new series of mobile cards readers utilizing Bluetooth Low Energy connectivity to enable merchants nationwide to accept secure EMV and NFC contactless payments on Android and iOS devices.

04 May 2017

Finextra TV/Mobile & online banking

Financial inclusion needs a guiding principle

Kosta Peric, Deputy Director, Bill & Melinda Gates Foundation, speaks about how well regulators are doing in spreading the reach of fintech, how well regtech is doing, and what needs to be done to get fintech and regtech more involved in financial inclusion.

04 May 2017

Company update/Mobile & online banking

Industry bodies unveil technical specs for mobile transit ticketing

Industry association GlobalPlatform has published a technical document which details the service management process to deliver transport ticketing securely on mobile devices.

04 May 2017

Company update/Mobile & online banking

Verifone extends managed payment service to MPOS and unattended devices

Verifone today announced that it has extended its omni-channel Payment as a Service solution in the U.K. to support mobile point of sale (mPOS) and unattended devices.

04 May 2017