Latest Mobile & online banking News: Finextra Research

Ex-UK minister taps fintech to back African smallholder farmers

Former UK government minister Mark Simmonds has teamed up with fintech veteran Hirander Misra on a venture that aims to help African smallholder farmers boost their earnings by connecting them with local commodity exchanges.

25 April 2017

Company update/Mobile & online banking

WorldRemit partners Wafacash for money transfers to Morocco

Digital money transfer service WorldRemit has partnered with leading Moroccan financial company Wafacash to further support the growing demand for instant remittances and the immediate access of funds in the country.

24 April 2017

Company update/Mobile & online banking

D+H makes US real-time payment processing offering available for testing

DH Corporation (TSX: DH) (“D+H”), a leading provider of technology solutions to financial institutions globally, today announced the availability for industry testing of its U.S. real-time payment processing solution, which will enable U.S. banks to commence testing on The Clearing House’s (TCH’s) real-time clearing and settlement network to support real-time payments in the United States.

24 April 2017

News/Mobile & online banking

Will.i.am lends voice to Atom Bank

American musician will.i.am has become a strategic board advisor at Atom, calling the new UK app-based bank's bid to change the industry through technology "awesome".

24 April 2017

News/Mobile & online banking

Flux aims to re-imagine paper receipts

Flux, a fintech startup founded by three of the first four employees of money transfer firm Revolut, has begun pilot trials of a service to convert paper til receipts to mobile data services in partnership with retail chains Eat and Bel-Air and digital challenger bank Monzo.

24 April 2017

News/Mobile & online banking

National Bank of Canada acquires interest in Myanmar mobile money outfit Ongo

The National Bank of Canada has acquired a 22% stake in Ongo, a mobile money service with big plans for expansion in Myanmar.

24 April 2017

Company update/Mobile & online banking

Unctad global survey reveals declining trust in online shopping

A new global survey reveals that Internet users are increasingly concerned about their online privacy, and that 49 percent of users polled say lack of trust is their main reason for not shopping online.

24 April 2017

Company update/Mobile & online banking

UBS rolls out Twint mobile payments app

UBS Twint is now available in the Apple App Store and Google Play Store. The free app is ideal for everybody with a UBS account or a Swiss credit card of any kind: Twint payments are debited directly to your bank account or credit card.

21 April 2017

Company update/Mobile & online banking

OSPT Alliance opens up new membership categories

Industry association, OSPT Alliance, today launches an ‘Affiliate’ membership category.

21 April 2017

Company update/Mobile & online banking

Visa Q2 profits jump

Visa Inc. (NYSE:V) today announced financial results for the Company’s fiscal second quarter 2017, ended March 31, 2017.

21 April 2017

News/Mobile & online banking

Plastc goes into meltdown

Plastc, an all-in-one card and mobile app that promised to put an end to bulging wallets and revolutionise the way we pay, has filed for bankruptcy three years after launch without shipping a single product.

21 April 2017

Company update/Mobile & online banking

GoHenry appoints Featurespace to safeguard funds

goHenry, the UK's first fully digital family banking solution designed to help young people manage their money, has appointed Featurespace, the leading machine learning Adaptive Behavioural Analytics fraud prevention company, to safeguard customers’ accounts and reduce fraudulent transactions.

21 April 2017

Company update/Mobile & online banking

Shopify ships card reader

Shopify Inc. (SHOP)(SHOP.TO), the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses, today announced its new free Chip and Swipe card reader for in-person selling.

20 April 2017

News/Mobile & online banking

Orange Bank preps July launch

French telco Orange is to open its new mobile-only bank in July, following a soft-launch with employees this month.

20 April 2017

News/Mobile & online banking

Alipay and WeChat near $3 trillion payments milestone

A new study by the UN-based Better Than Cash Alliance reveals that Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, representing a 20-fold increase in the past four years.

20 April 2017

News/Mobile & online banking

Dutch banks back all-in-one mobile payments tech from ING

Six Dutch banks are getting behind ING's multi-purpose mobile payments app Payconiq for a Summer roll out in the Netherlands.

20 April 2017

Company update/Mobile & online banking

Fiserv wins SouthEast Bank contract

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that SouthEast Bank, a $1.2 billion Tennessee-based bank, has selected Fiserv to support the bank’s continued growth, enhance the customer experience and provide its staff with modern technology to further productivity and efficiency.

19 April 2017

Company update/Mobile & online banking

Visa welcomes applications for first European Everywhere innovation competition

Visa Inc. (NYSE: V) is today challenging start-ups and innovative fintech companies from 19 European markets to enter the first-ever European Everywhere Initiative. Competitors will have a chance to win up to €50,000 to support a development programme with Visa, or through business partnership with Visa’s financial institution clients.

19 April 2017

Company update/Mobile & online banking

Mizuho enters digital wallet joint venture with Metaps

Mizuho Financial Group, Inc. (President & Group CEO: Yasuhiro Sato), Mizuho Bank, Ltd. (President & CEO: Koji Fujiwara), Metaps Inc. (CEO: Katsuaki Sato), and WiL LLC (CEO: Gen Isayama) signed an agreement for capital participation and business cooperation for the purpose of providing a new settlement service using FinTech.

19 April 2017

Company update/Mobile & online banking

TD MySpend app approaches one million users

Since launching last April, close to 1,000,000 Canadians have signed up for TD MySpend, a mobile money management app that makes it easier to track spending habits and gain greater control over personal and family finances.

19 April 2017