Non-bank competitors

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/Non-bank competitors

Pre-paid outfit Green Dot cleared to buy bank

US pre-paid card outfit Green Dot has been given the all clear by regulators to buy Bonneville, a small Utah-based bank.

/Non-bank competitors

BankSimple rebrands; opens doors to first customers

US banking startup BankSimple is inviting its first customers onboard and rebranding the company to plain Simple.

/Non-bank competitors

Tesco to delay migration to new banking system

UK retailer Tesco is to delay its push into the full-service banking market for fear of repeating the technical mishaps that locked out customers during the summer switch to a new banking platform.

/Non-bank competitors

Tesco Bank adds price comparison engine to insurance quotes

UK supermarket bank Tesco is to offer customers the option of using its own brand price comparison service to rate home and insurance quotes served up by the retailer's online banking portal against competitor offerings.

/Non-bank competitors

Citi slaps down Bank 2.0 rivals in Innotribe face-off

Financial heavyweight Citi has faced off a challenge to old-bank hegemony with a powerful display of its technological prowess that knocked the wind out of a room-full of Bank 2.0 innovation gurus and digital evangelists at an Innotribe session at Sibos in Toronto.

/Non-bank competitors

Banks sceptical about meeting 2014 Sepa compliance deadline

Bankers and corporates do not expect to meet a 2014 deadline for Sepa compliance, according to a straw poll of delegates conducted during a panel discussion of the controversial payment initiative at the annual congress of banking co-operative Swift.

/Non-bank competitors

Movenbank promises to 'reboot' banking at Sibos

Bank innovation evangelist and inveterate Finextra blogger Brett King took to the stage at the Sibos international banking conference in Toronto to outline his plans for the creation of Movenbank, an entirely new branchless, paperless, and mobile centric bank.

/Non-bank competitors

The evolution of branch banking

Steve O'Neill, head of branch marketing at HSBC, talks with Finextra about how the branch still has a place in the future of retail banking.

/Non-bank competitors

Google to launch credit card; PayPal to move offline

Non-bank competition in the payments market is set to hot up as Google launches its own credit card and PayPal expands on its bricks-and-mortar strategy.

/Non-bank competitors

Tesco Bank online problems rumble on

Days after claiming to have fixed the problem, Tesco Bank is still being affected by a computer glitch that is preventing some savings customers from accessing their accounts online.

/Non-bank competitors

Tesco ready for banking switch

UK retailer Tesco says it is in the final stages of introducing its own systems and infrastructure for its fully-fledged banking operation, with savings and loans products now available to new customers

/Non-bank competitors

O2 contracts suppliers for mobile wallet launch

UK wireless carrier O2 has contracted with Wave Crest, FIS, Intelligent Environments and Visa Europe to deliver the payments and processing systems for the launch of a full-scale commercial mobile wallet service in the 'second half of 2011'.

/Non-bank competitors

Facebook creates payments unit

Social networking giant Facebook has set up a payments subsidiary, registering it in various US states.

/Non-bank competitors

Square processing $1m per day; Apple boasts payment stats

Jack Dorsey, CEO of Square, has taken to Twitter to announce that the mobile payments start-up is now processing more than $1 million a day.

/Non-bank competitors

Wonga secures £73 million funding

London-based online credit outfit Wonga has completed a £73 million funding round led by US venture capitalist Oak Investment Partners.

/Non-bank competitors

M&S to introduce instore banking - Bloomberg

UK high street chain Marks & Spencer is considering opening banks inside 55 stores through a tie up with HSBC, according to Bloomberg.

/Non-bank competitors

MiiCard wins out as start-ups vie for VC attention in Sibos' Dragon's Den

Twelve technology start-ups are competing for venture capitalists' blessing at a session on the final day of Sibos, the annual event run by financial messaging body Swift.

/Non-bank competitors

Sibos Innotribe Labs take centre stage

A business that aims to create a complete view of a bank's financial health by using recycled financial messages is the favourite to win the Innotribe Lab pitching contest held at Sibos, the annual conference held by financial messaging body Swift.

/Non-bank competitors

Tesco mortgage plans delayed by tougher FSA checks

Tesco's ambition to build a full service banking operation has suffered a setback after the Financial Services Authority delayed giving the supermarket clearance to offer mortgages, according to the Observer.

/Non-bank competitors

General Electric plans UK online bank - report

US conglomerate General Electric is planning to launch an online bank, becoming the latest player to take on Britain's high street financial institutions, according to the Sunday Times.