08/30/2019
Don't bank on digital disruptors, says Nedbank CEO
He said the bank had, in recent years, invested approximately R2bn a year in new technologies in the interests of being more competitive in a new era of banking.
Mobile Banking
08/29/2019
ABN Amro taps Tink for Grip multi-banking
Besides making Grip more relevant and comprehensive this also opens up a bigger market.
08/28/2019
Survey Finds Just 50 Pct. Of Swiss Bank Online
The survey also showed that there’s increased competition on the horizon for traditional Swiss banks from FinTech firms and online-only banks.
08/27/2019
PSD2 will bring changes to online banking, BPFI warns consumers
The increased security measures, known as strong customer authentication (SCA), will manifest in varying ways depending on which provider a person banks with.
08/27/2019
China’s CITIC Capital backs $33.8m funding in Japanese e-commerce firm Reclo
Reclo allows owners of luxury brands to resell the items online via its platform.
08/26/2019
Additional verification steps as access to mobile and online banking to undergo changes
The Banking and Payment Federation Ireland (BPFI) says the introduction of the second Payment Services Directive or PSD2 will bring better protection and reduce fraud through the introduction of enhanced security steps.
08/23/2019
Mobile banking apps in the UK are surging ahead of investment and insurance apps
Less than 2% of UK consumers don't have a bank account and 9% don't own a mobile phone, meaning that most consumers are able to access mobile banking apps.
08/23/2019
Digital Banking And Branches Not An Either/Or Proposition
The latest Digital Banking Tracker examines how legacy institutions stay competitive with challenger banks.
08/22/2019
Singapore lets firms apply for trademarks via mobile app
Businesses can file for trademark protection with the Intellectual Property Office of Singapore via a new mobile app, which aims to speed up the application process to 10 minutes from the current 60 minutes.
08/22/2019
Virtual card payments in SA on the rise, says Standard Bank
The institution is also confident that the use of virtual cards is going to continue to rise.
08/21/2019
Apple Users Can Now Go Wallet-Free With A New Digital Credit Card
The digital card is accepted everywhere that takes Apple Pay, while the physical card works in places that don't yet boast that capability.
08/21/2019
BBVA will offer digital customer onboarding everywhere it operates by the end of 2019
By implementing this biometric technology, BBVA became the first bank in Spain to offer digital enrollment to potential customers.
08/21/2019
OCBC in talks with Singtel about virtual bank licence, say sources
Banks worldwide face increasing competition from telcos and technology firms that are getting into financial services including payments and lending.
08/20/2019
Barclays Launches £100K SME Loans
Every day we talk to thousands of SMEs about how we can support them to grow their business
08/19/2019
Pension Bee creating buzz with its Monzo-style app
Though the numbers are markedly different — Monzo has more than two million customers in Britain and was valued at £2 billion during a fundraising round
08/19/2019
Banking in the mobile era
A Bain study conducted in 2011 on nearly 100,000 people in the United States, Canada, Mexico and Brazil revealed that the ones most satisfied with their banking service were those using mobile banking services.
08/19/2019
Bermuda: Open for fintech business
The ICO Act permits offerings of digital tokens or coins being issued to the public for largely crowdfunding purposes.
08/19/2019
Kuwait International Bank launches video call banking service
Customers will be able to talk to representatives face-to-face.
08/16/2019
European Central Bank Breach: ECB Confirms Hack And Shuts Down Website
"The BIRD website provides the banking industry with details on how to produce statistical and supervisory reports," the ECB statement said, "it is physically separate from any other external and internal ECB systems."
08/15/2019
IBM: Banks Need More Than Just «Random Acts of Digital»
The banks' first objective is to use technology to get to know their customers better and make themselves more relevant to their customers,» he explained.