Mobile & online banking

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UK FS firms fear up to 40% of revenue at risk from fintech

/Mobile & online banking

UK FS firms fear up to 40% of revenue at risk from fintech

Fearful that they could lose massive chunks of their revenue to standalone fintech challengers, UK financial services firms are looking to neutralise the threat by acquiring and forming partnerships with their potential new rivals.

Monzo gears up for current accounts after receiving full banking license

/Mobile & online banking

Monzo gears up for current accounts after receiving full banking license

UK digital challenger Monzo has had its banking restriction lifted, enabling it to start bringing current accounts to its users.

/Mobile & online banking

Cellum rolls out virtual prepaid cards for underbanked markets

At this year’s SMART Conference, Cellum unveiled a new solution aimed at providing financial services to the unbanked and underbanked.

Deutsche Bank rolls out mobile NFC payments for Android handsets

/Mobile & online banking

Deutsche Bank rolls out mobile NFC payments for Android handsets

In a first for cash-loving Germany, Deutsche Bank has added host card emulation-based contactless payments to its Android app.

/Mobile & online banking

NCR Silver tablet POS arrives in Australia

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, has launched the NCR Silver family of point-of-sale (POS) solutions to Australian retail, service and restaurant merchants.

/Mobile & online banking

Net Element launches Apple Pay support in Russia

Net Element, Inc. ( NASDAQ : NETE ) ("Net Element" or the "Company"), a provider of global mobile payment technology solutions and value-added transactional services, today announces that its PayOnline subsidiary has launched Apple Pay support in Russia.

/Mobile & online banking

Western Union enables in-app support for Apple Pay

The Western Union Company (NYSE: WU), a leader in global payment services, today announced that United States customers using its mobile app can now pay with Apple Pay when sending money transfers originating in the United States to more than 200 countries and territories worldwide, including domestic bill payments.

/Mobile & online banking

PayPal and Visa extend partnership across Asia Pacific

PayPal (PYPL) and Visa (NYSE:V) today announced an extension of their U.S. partnership in Asia Pacific that will see them work collaboratively to accelerate the adoption of secure, reliable and convenient digital and mobile payments for consumers and merchants in markets throughout the region.

How hackers took complete control of a legit Brazilian bank

/Mobile & online banking

How hackers took complete control of a legit Brazilian bank

A Brazilian bank had its entire IT operations taken over by hackers in a 'stunning compromise' that saw each of its 36 domains, corporate email and DNS under the attacker’s control.

Wells Fargo signs data sharing deal with financial agreggator Finicity

/Mobile & online banking

Wells Fargo signs data sharing deal with financial agreggator Finicity

Wells Fargo's efforts to strengthen data access and sharing for customers using third party apps has moved on apace with an API integration agreement with real-time aggregation service Finicity.

/Mobile & online banking

Swiss digital currency outfit Lykke launches app integration platform

Lykke, a Swiss Fintech company building a global blockchain-powered marketplace, announces that its open-source platform and apps can be integrated to existing products to accelerate performance.

/Mobile & online banking

HyperPay delivers seamless mobile checkout with ACI Worldwide

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that HyperPay, a leading payment service provider (PSP) in the Middle East and North Africa (MENA) region, now offers merchants a seamless mobile checkout solution with the ACI Mobile Commerce Software Development Kit (mSDK), part of ACI’s UP eCommerce Payments solution.

Former Uber Italy CEO launches social savings app

/Mobile & online banking

Former Uber Italy CEO launches social savings app

Oval Money, a social savings app that combines machine learning with crowdsourced tips, has come out of closed beta in the UK.

OCBC Bank launches Emma, the mortgage chatbot

/Mobile & online banking

OCBC Bank launches Emma, the mortgage chatbot

With more than 20,000 conversations logged since its launch in January, OCBC Bank is lauding the success of its specialised home and renovation loan chatbot service, Emma.

Token signs programmable money deal with OP Financial

/Mobile & online banking

Token signs programmable money deal with OP Financial

Finland's OP Financial group has signed a deal with Silicon Valley-based Token to use the startup's API-based transaction network to prepare for a new era of payments arising from the forthcoming implementation of the PSD2 Directive.

JPMorgan Chase pumped $600m into fintech in 2016

/Mobile & online banking

JPMorgan Chase pumped $600m into fintech in 2016

JPMorgan Chase spent around $600 million on emerging fintech solutions last year, says the bank's CEO Jamie Dimon in a letter to shareholders which also mentions an API store and some "interesting developments" in the bill payments department.

/Mobile & online banking

EVestment unveils iPhone app

To maximize opportunities and have more productive client conversations, institutional investment professionals need easy-to-use data on-the-go – to respond to questions during meetings, for quick look ups while on the road or to access real-time information at a trade show or industry event, among other scenarios.

/Mobile & online banking

Azimo launches one-tap money transfers

Azimo, the international money transfer service, has today launched an industry-first feature that will revolutionise how money is sent and received.

/Mobile & online banking

Citi accelerator graduate Paygilant takes aim at mobile payment fraud

Paygilant, the leading solution for frictionless mobile payments fraud detection, has demonstrated with Citi how it drastically reduces operational costs associated with mobile wallet transactions.

/Mobile & online banking

First Interstate selects Verafin to fight financial crime

Verafin, an industry-leader in cloud-based fraud detection and anti-money laundering software (FRAMLx), announced it was recently chosen by First Interstate Bank (MT) to help the bank proactively fight financial crime.

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