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Retail Banking

07/30/2025

Zopa taps Thought Machine to launch current account ‘Biscuit’

The partnership has enabled Zopa to compress product development timelines significantly, moving from beta testing in September 2024 to a full market launch by June 2025.

07/29/2025

CaixBank turns on instant cross-border mobile transfers

The scope of the alliance is expected to grow, with Poland and the Nordic countries slated to join in the coming months.

07/29/2025

FIS to integrate with Circle for USDC payments

The Money Movement Hub enables financial institutions to connect to multiple payment networks

07/28/2025

Banks defend contactless security as merchants restrict tap payments

Specific resistance targets digital wallets like Apple Pay, with some merchants displaying rejection notices.

07/25/2025

PayPal to bring 100 AI and data science jobs to Dublin

The Irish Government, through its investment promotion and development agency IDA Ireland, is backing the effort.

07/25/2025

Deutsche Bank powers Bolt’s new payment platform in Europe

The move aligns with both companies’ goals of accelerating modernisation in the European digital economy.

07/24/2025

Mastercard and JIB partner to boost Shari’ah digital payments

JIB will utilise Mastercard’s digital infrastructure and advisory expertise to launch new card features tailored for customers who require Shari’ah-compliant solutions.

07/24/2025

NatWest hires AWS and Accenture to consolidate customer data across the bank

The project will revamp the storage of data on 20 million customers across the bank to help anticipate and respond to customer needs faster with more personalised services.

07/24/2025

New Westpac data reveals top time and day for scams

The bank’s latest analysis of customer transaction data shows that scammers are targeting people during busy periods of the day when attention is typically diverted.

07/24/2025

Fiserv acquires part of TD's Canadian merchant business

The transaction is expected to close later this year, subject to customary closing conditions.

07/22/2025

Monzo migrates investment accounts to Seccl

Monzo is to migrate its investment and pension product portfolio to Octopus-owned embedded investment platform Seccl.

07/22/2025

PayPal introduces AI-powered scam alerts

As trusted leaders in efforts to prevent fraud, PayPal is proud of our initiative to combat the ever-changing tactics of scammers.

07/21/2025

RCBC Earns Sixth Consecutive Euromoney Best Bank for Digital Award

The event, attended by over 170 guests, recognises credit cards, investment products, insurance, and digital banks for their value to Singaporean consumers.

07/18/2025

Banks Have Lost $3 Trillion to Fintechs in the Last Five Years. Blame the Primacy Myth

But even that dismissive label doesn’t quite do justice to the deposit trends that the analyst’s recent research has uncovered.

07/17/2025

Antom Upgrades Antom Copilot AI with New Payment and Chargeback Tools

Latest update supports SMEs with improved onboarding, integration, and dispute resolution capabilities.

07/16/2025

myTU taps Visa Direct and Mastercard for real-time global payouts

Transfers are processed around the clock, with many completed in under 30 minutes, reaching over 190 countries and supporting more than 160 currencies with integrated currency exchange for seamless transactions.

07/16/2025

UniCredit becomes first major bank in Europe to launch fast, secure foreign-currency payments through partnership with Wise Platform

This strategic collaboration makes UniCredit the first bank in Italy to integrate a fast, secure, and transparent solution for foreign-currency payments directly into its mobile banking app.

07/16/2025

‘Urgent’ need for digital reform of banking payments, says Bank of England boss

But he added a dose of scepticism over any plans for a digital pound and reiterated concerns over so-called stablecoins – a type of cryptocurrency which is backed by a traditional asset such as a currency or commodity.

07/16/2025

Singaporeans Can Soon Make Contactless Payments Even During Bank Outages

MAS is also working with financial institutions to develop similar solutions for QR code payments, which are seeing increased usage across Singapore.

07/14/2025

UBA Rewards Customers, Celebrates 10yrs Digital Partnership with VERiCASH

To commemorate this significant milestone, UBA is launching a special promo for its mobile app users as a way of appreciating their loyalty and sustained engagement.

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