632 articles tagged with this keyword
News/Non-bank competitors
Two of the biggest pharmacy chains in the US have disabled NFC terminals in an attempt to shut out Apple Pay ahead of the launch of retailer-backed platform CurrentC in 2015.
27 October 2014
Company update/Non-bank competitors
On 2 October, Virgin Money announced that it would apply for the admission of its Ordinary Shares to the premium listing segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange.
17 October 2014
Chinese e-commerce giant Alibaba has folded six different businesses into a single business unit as part of a concerted push into the financial services industry.
16 October 2014
Amazon has hired Visa's North America credit card head Nick Talwar to run its business providing capital to sellers on its marketplace.
29 August 2014
Google won't launch a traditional bank because of the associated costs and regulation, but these hurdles won't stop the firm from redefining the future of financial services, according to a new Forrester report.
30 July 2014
Britain's competition watchdog is preparing an in-depth investigation into the retail banking sector in a move which could eventually see the country's high street giants broken up.
18 July 2014
Australian supermarket chain Coles has upped the tempo in its aggressive push into financial services with the launch of a new combined mobile sticker and loyalty app and a planned joint venture with GE Capital which will see it offering loans to customers in competition with the nation's biggest banks.
16 July 2014
UK supermarket chain Tesco is preparing to step up its assault on the UK banking sector with the launch of its first current account product later this year.
18 February 2014
Figures released by the UK Peer to Peer Finance Association shows the industry in buoyant mood ahead of the introduction of new regulations in April, with P2P lending increasing by 121% during 2013.
03 February 2014
Funding Circle, an online marketplace for business loans, has hired Barclays Business commercial director Luke Jooste to head up its move into the property finance arena.
18 November 2013
In what is becoming a trend in the fintech world, Barclays has taken top honours at a London hackathon, this time triumphing at a weekend-long event hosted by payments start-up Birdback at Google Campus.
03 June 2013
UK supermarket chain Sainsbury's has confirmed its intention to assume full control of its banking operations and has hired US-based FIS as its chief technology partner.
08 May 2013
UK supermarket chain J Sainsbury says it is in "advanced negotiations" with Lloyds Banking Group to take over full ownership of Sainsbury's Bank.
07 May 2013
A seven man team from Barclays Bank, using tools from FreedomPay and their own Pingit mobile payments app, emerged with top honours at Microsoft's week long Digital Wallet Foundry hack-a-thon in London.
22 March 2013
US retail giant Wal-Mart has teamed up with American Express to launch Bluebird, a mobile-heavy alternative to bank debit and current accounts.
08 October 2012
Nutmeg, an online investment manager promising to offer private banking-type services for everyone, has launched in the UK.
Central banks should make sure that postal operators can issue electronic money so that they can offer mobile financial services and help bank the unbanked, according to a report from a United Nations agency.
05 October 2012
UK retail giant Marks & Spencer has stepped up its banking operations, launching a current account and promising to open up a raft of new in-store branches by the end of the year.
27 September 2012
Virgin Money has opened its first 'store' - a refurbished Northern Rock branch - in Guildford, Surrey as it prepares to take on Britain's high street old-guard.
09 July 2012
UK supermarket giant Asda has re-branded its personal finance arm as it prepares to become the latest retailer to take on traditional high street banks.
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