How the bank of tomorrow engages its customers today
Customer proposition depends on a data driven approach designed for early adopting, millennial professionals.
Mobile
Bud blossoms with two new payment licences
UK-based web and mobile app has got regulatory authorisation to aggregate accounts and initiate payments.
Deutsche Bank’s multibanking service goes live
One login to rule them all – for transferring money from all aggregated accounts.
PrePay Solutions takes a shine to challenger bank Coconut
PPS is providing the banking infrastructure and card technology.
Veridium to power biometrics for Nordea
Bank will use VeridiumID to replace tokens with biometric authentication for access to data.
Payments round-up: 6 February 2018
Stars SafeCharge, WorldRemit, Wing Cambodia Limited Specialised Bank, PaymentComponents and Amazon India.
Starling a great Flux for digitised loyalty rewards
Integration marks the second stage in their partnership.
Cisco, Apple, Aon and Allianz unveil cyber risk management solution
Combines evaluation services, technology, and options for cyber insurance coverage.
Standard Chartered signs for Moneythor’s digital banking toolkit
The project is in line with Standard Chartered’s objective to be “the digital bank with a human touch”.
Santander and Ripple to launch blockchain-based consumer payments
Santander will launch DLT-based international payments for retail customers in Spain, Brazil, Poland and the UK.
Urban FT takes over troubled Digiliti Money
Digiliti Money will merge into Urban FT’s affiliate, FinTech Imaging Solutions.
Handle Financial’s Prism mobile app reaches $1bn in bills paid
Also, Prism has recently surpassed 11,000 billers across the US.
Alipay crosses Finnish line for cashless payments
Group of Chinese travellers conclude first ever cashless journey to Finland.
Case study: Sberbank – tech them on
Sberbank now benchmarks its performance against technology companies not other banks.
Top fintech stories this week – 02 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Alibaba acquires 33% stake in Ant Financial affiliate for fintech fuel
Looking to “participate in the future growth” of the fintech sector.
PayPal powers BofA Merrill digital payments
US-based commercial clients can now make payments in local currencies.
Buddybank finally opens for business
Smartphone-only bank was slated to open its doors in early 2017.
Amex acquires AI travel aide Mezi
Getting in on messaging market with tidy acquisition of personal travel assistant Mezi.
Huddlestock and Acuity bring mobile trading to Sri Lanka
Offering the ability to “crowd-trade and access investment ideas”.
Challenger bank Fiinu to put people before profit
Digital bank Fiinu plans to launch in early 2019.
Bankwest launches Australia’s first payments ring, Bankwest Halo
“Just grab the things you need, fist-bump the terminal and go.”
Coconut launches business current account for self-employed
Coconut “cracks open” its app-based business account for freelancers and self-employed people.
Payments round-up: 30 January 2018
Featuring Vocalink, Shieldpay, Huawei, UnionPay, Pelican, PaymentComponents, Infosistema and Banco BAI Europa.
Payoneer partners with Waze to power local payments
Currently available in Texas, California and Israel.
Linxo links up with Raisin to save Europe
A Franco-German alliance targets the European savings sector.
ABN Amro, ING and Rabobank hit by cyberattacks
All suffered a series of DDoS attacks last weekend.
ANZ internet banking goes dead
Ten hours a slave… to Twitter complaints.
Challenger bank Ummah Finance seeks CTO
UK-based start-up Ummah Finance looking for a CTO and other senior execs to join its team.
eCurrency Mint and Rizal to launch digital cash in Philippines
Plan to make it available by Q2 this year.
Payments round-up: 26 January 2018
Features Alipay in Israel; ABN Amro and Payconiq ending talks; and Apple’s Business Chat.
AutoGravity forces its way past $2bn in financing
Things are looking up for US mobile auto shopping and financing start-up.
Top fintech stories this week – 26 January 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking tech round-up: 25 January 2018
Features Yolt, Chevy Chase Trust, FIS, Haven Savings Bank and Connecticut Online Computer Centre.
Payfone in its element with O2 digital partnership
Initiative aims to protect mobile users from fraud.
NTT-AT to distribute Trusona ID tech in Japan
Will offer Trusona’s password-less login solution to its enterprise customers across the nation.
Mastercard eyes biometric totality by 2019
Banks issuing Mastercard-branded cards will have to offer biometric authentication.
Trulioo launches KYC tool to connect MNOs
Will work with 24 MNOs from the US, Canada, the UK, China, India, Spain, France, and Switzerland.
Juvo gets Samsung investment for smartphone boost
Samsung will bring Juvo access to billions of underbanked prepaid users across the globe.
New UK mobile bank Countingup brings heart to sole traders
Will focus on the 4.5 million sole traders, freelancers and contractors in the UK.
