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Retail Banking

06/11/2024

Barclays and Lloyds-backed loyalty app Bink enters administration

Previously operating across the UK and USA, the start-up notably received a “significant” minority stake investment from Barclays in 2019 as part of a £10 million funding round.

06/11/2024

German banks to shut down PayPal competitor Paydirekt

It is understood that both Paydirekt and Giropay will be abandoned by the banks at a shareholder meeting this week.

06/10/2024

Santander customers warned about circumventing Facebook Marketplace scam prevention measures

The bank says that new fraud protection measures introduced before Christmas have helped stop over 1,800 customers from potentially falling victim to a purchase scam.

06/10/2024

Revolut launches new security feature to combat phone theft

Revolut is going one step further with its advanced facial technology.

06/07/2024

Mastercard taps open banking to ease account opening and updating

The feature takes advantage of technology from Mastercard Start Path member Atomic

06/07/2024

UAE's du Pay becomes principal member of Visa

The integration of Visa’s capabilities will help du Pay to expand its innovative financial solutions

06/07/2024

Majid Al Futtaim Partners with Checkout.com to Enhance Digital Payments

Additionally, the partnership will enhance payment experiences for the company’s cinema, leisure and entertainment businesses.

06/07/2024

56% of US companies offer faster payments, and 35% planning to do so - US Faster Payments Council

The survey highlighted concerns related to fee variability, cross-border payment capabilities, and the essential need for stronger consumer protections and trust-building measures.

06/06/2024

Malta’s Finance Incorporated Limited taps Temenos for retail core banking solution

It also offers its Paymix Pro account for businesses, which the company says provides an “online portal with multiple user access” and enables firms to “process EUR bulk payments towards multiple beneficiaries”.

06/06/2024

Jio Financial Services forays into digital banking with the launch of JioFinance

Designed for frictionless navigation, the “JioFinance” app will cater to users of all levels of familiarity with financial technology, ensuring effortless money management at their fingertips.

06/06/2024

Zūm Rails Launches New Banking-as-a-Service Project

Pavletic will spearhead Zūm Rails’ BaaS product roadmap, including the ability to settle transactions

06/06/2024

Cogo Calls for Banks to Act Against Climate Change

Corporates are looking to their bank for climate support too, with increasing ESG regulation globally.

06/06/2024

“I had never heard of it” says investor in Monzo’s first-ever crowdfunding campaign in 2016

Tech.eu speaks to two investors who invested in Monzo's first-ever crowdfunding campaign in 2016.

06/05/2024

Dlocal integrates with Ria Money Transfer

The integration brings Ria’s 30 years of experience in money remittance and dLocal’s expertise and local payment knowledge to EMEA and LATAM.

06/05/2024

Dutch neobank Bunq enters partnerships with Mastercard and Nvidia

Bunq claims that this development makes it Europe’s first bank to leverage AI in open banking.

06/05/2024

Sumsub joins Mastercard Engage partner programme

Sumsub will provide its full suite of verification and anti-fraud solutions to secure customers’ onboarding and ongoing compliance journey.

06/04/2024

Comparing Revolut, Chime and N26: Neobank Success Stories

These neobanks have distinguished themselves through innovative technologies, user-friendly interfaces and competitive offerings, attracting millions of users worldwide.

06/04/2024

Allpay and The Bank of London partner to streamline payments for the UK social housing sector

Allpay will utilise The Bank of London’s platform to manage the payment flows between a number of its clients and those using financial support top-ups on prepaid cards.

06/04/2024

Visa Says 10 Billion Tokenized Payments Are Just the Beginning

This simple, singular fact has served as a benchmark for much of the innovation defining the payments and commerce landscape of the past few decades.

06/04/2024

PayQuicker ships InstaPay for on-demand earned income access

With Insta-Pay, individuals no longer have to wait for traditional paydays and can instead request access to their hard-earned income in real-time, anytime.

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