Santander International in digital banking revamp
EXCLUSIVE: Santander International is embarking on a tech project to modernise its online and mobile delivery channels.
Mobile
Viber brings good vibes to Addiko Bank’s chat banking payments
Austrian banking group Addiko has unveiled chat banking for its customers – the “first ever” Viber-based financial transaction service available in Croatia. Called “Addiko Chat Banking”, it’s a digital banking service that, in partnership with Comtrade Digital Services and communication platform Viber, enables customers to directly communicate with the bank and make payments. Mario Žižek, […]
InComm OLS, NBS Fuel Gift Card Growth with Gas Pump Integration
Consumers now will be able to use some gift cards to pay at the pump, thanks to a partnership with On-Line Strategies Services LLC, a wholly owned subsidiary of InComm, and National Bankcard Services.
Viber Brings Good Vibes to Addiko Bank’s Chat Banking Payments
Austrian banking group Addiko has unveiled chat banking for its customers—the “first ever” Viber-based financial transaction service available in Croatia.
Nainital Bank to launch new digital venture, searches for consulting and tech partner
India-based Nainital Bank is gearing up to launch a new digital venture. It has recently gone to market to find a consulting and implementation partner to help it design, build and launch this venture as well as service it post-launch.
App it. The future of banking
This morning I was having breakfast with a colleague. I paid the bill, and he sent me his share of the bill using our Monzo app. Before we’d walked out of the café, the money was in my account. Simple!
Blockchain and Bitcoin Roundup: JP Morgan Chase, Japan’s Regulator, Wish Finance
Arguments, exchanges and something getting launched. It’s our blockchain and bitcoin roundup, featuring Chase CEO Jamie Dimon, Japan’s regulatory plans and alt. lending.
Top fintech stories this week – 15 September 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Corporate banking: work smarter, not harder. On user self-onboarding
Why would a bank let their corporates indulge in setting up system privileges online – without keeping close tabs on the process? Here’s why.
Royal Bank of Canada pilots AI-powered finance guide
Royal Bank of Canada (RBC), with the help of Personetics Cognitive Banking’s applications, will deliver two new services this autumn that provide AI-powered financial guidance and an automated savings programme through the bank’s mobile app. The development follows on from last month, when RBC unveiled these two digital services – called NOMI Insights and NOMI […]
Google Gets into Digital Payments Fray in India
Google is expected to launch a mobile payments app in India next week. Google Tez, which means “fast” in Hindi will reportedly support Android Pay as well as the government-backed Unified Payments Interface and other consumer payment services including Paytm and MobiKwik.
Nucleus Software signs TAB Capital for flagship lendtech platform, FinnOne Neo Cloud
India-based finance company TAB Capital is implementing a new lending system, FinnOne Neo, supplied by domestic vendor Nucleus Software. The solution will be delivered in the cloud.
Common Cents Lab unveils millennial financial regret spending report
If you’re trying to cater to millennials, you need to understand how they think and feel about money.
Digiliti Money Filing Reveals Deal Progress
Digiliti Money (DGLT) may have gotten knocked down, but it’s not out. And neither is a revised bid from prospective buyer Urban FT.
Has the face of payments changed forever?
Marieke Flament, European MD at Circle, discusses how technology is transforming the global payments landscape.
Rabobank turns Big Brother with Dynatrace
Digital performance management company Dynatrace is working with Rabobank “to monitor the real-time experience of every customer and user for all services” at the bank.
STACK Taps Mastercard Prepaid for Challenger M-Banking App
There’s a new fintech challenger in town. Toronto-based STACK announced its partnership with Mastercard two weeks ahead of the beta launch of its mobile financial services app and companion prepaid card.
Nets Takes Real-Time P2P to Mobile Wallet Vipps
Nordic payments processor Nets has entered into a 3-year partnership with Vipps, a mobile payment application provider in Norway, to deliver instant P2P payments to customers of all Norwegian banks partnered with Vipps.
Infographic: banking in Europe 2017 – EBF facts and figures
European Banking Federation (EBF) has published its annual update on the banking sector in Europe. According to the EBF findings, staff numbers and branches in the European banking sector continued to shrink in 2016, while Eurozone deposits and loans grew slightly.
Q2 launches CardSwap with Chime Banking
Digital banking technology company Q2 Holdings Inc. took the Finovate stage to demo its CardSwap technology.
Two new core banking tech deals for Technisys in Brazil and Argentina
EXCLUSIVE: Banking tech vendor Technisys has landed two new deals for its flagship core banking system, Cyberbank Core, and digital channels software, Cyberbank Omnichannel.
BioConnect on Where to Start with Biometrics Investment
Ahead of FinovateFall’s kickoff in New York today, Paybefore spoke with BioConnect Chief Identity Officer Bianca Lopes about all the biometrics buzz in payments and the financial services industry. Her advice to companies looking to invest in biometrics: Don’t forget about the users.
Fintech Roundup: B2BPay, PayJoy & Pineapple Payments
Fintech startups continue to make headlines with investments and accolades. Pineapple Payments announced a $35 million equity investment for its merchant-focused payments technology, PayJoy snagged $6 million while B2BPay won BBVA’s Open Talent Global Fintech for Companies competition.
Instabank takes risk analytics to the cloud with Provenir
Instabank, a new digital bank in Norway, has implemented Provenir’s Risk Analytics and Decisioning solution. Delivered in the cloud, the system provides “a real-time, digital lending experience” for its Instabank’s customers, Provenir says.
Openbank step closer to new core banking system decision
EXCLUSIVE: Openbank, a digital bank in Spain (and part of Santander) is believed to be in the concluding stages of its core banking system selection.
Five steps, five minutes, €5 – KBC launches new mobile app for current accounts
KBC Bank Ireland has unveiled a new mobile app that allows customers to open, activate and use their bank account “at any time, within just five minutes”. The bank says this is “completely unique to the Irish market” and the app’s official launch follows months of development and testing with consumers. The app is available […]
Petal uses machine learning to underwrite credit without credit score
After two years of stealth technology development and $3.6 million in venture capital backing, New York City-based Petal has announced a credit card that uses machine learning to underwrite customers instead of traditional credit scores.
Top fintech stories this week – 8 September 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Report: Mobile Wallets Reach ‘Tipping Point’
This week Apple Pay celebrated its third birthday, and ACI Worldwide and Aite Group released data on rising mobile wallet usage, indicating that consumers in the U.S. and Europe are starting to catch up with those in Asia and Latin America where mobile wallets dominate.
MoneyGram Expands MobilePass to 35,000+ Locations
The U.S.’s No. 2 remittance provider is expanding its MoneyGram MobilePass service to its entire U.S. network of 35,000 agent locations.
Mambu’s core banking tech supports challenger bank N26
Mambu has gone on the record about its core banking software project at N26, a German-based challenger bank. N26 is using Mambu’s flagship core system, provided on a Software-as-a-Service (SaaS) basis.
Alexa Speaks to U.S. Bank Customers
More than a year after Capital One unveiled the feature, U.S. Bank customers still are among the first in the U.S. to be able to complete banking tasks, such as checking an account balance or paying a credit card bill, by speaking a command to an Amazon Alexa device.
Factors in the Long Wait for EMV and Contactless in the U.S.
As some celebrate 10 years of contactless payments, Bastian Knoppers discusses why cards (not mobile wallets) are still king outside the U.S. and what it will take for the U.S. to catch up to the rest of the world on tap-and-go payments.
Onosys, LevelUp ‘Supercharge’ New Customer Acquisition for Restaurants
LevelUp’s nearly 1 million active users, as well as Chase Pay mobile wallet users, will have access to thousands more restaurants for order- and pay-ahead options, thanks to a deal with Onosys.
WhatsApp mulls business revenue stream
Facebook-owned IM service WhatsApp reckons it might finally be able to make some money by charging businesses for clever access to their punters, reports Telecoms.com (Banking Technology’s sister publication). Apparently quite a lot of people already use WhatsApp around the world to interact with shopkeepers and other relatively simple business transactions such as placing orders, […]
BNP Paribas Exports nexo standards to 14 European Countries
French bank BNP Paribas wants to help merchants “kiss goodbye” the costly, time-consuming and complex task of managing multiple, incompatible domestic acceptance systems. Enter global standards.
Wirecard Helps Austrian Federal Railways Go Digital
Austrian commuters with a sweet tooth may be able to save some money on their next train or bus fare thanks to Wirecard’s new digital voucher platform and a partnership between Austrian Federal Railways and Toffifee candymaker Storck.
Top 5 Best Challenger Banks: Spotlight Profiles
Our Top 5 Challenger Bank spotlight series is complete. Get to know the challengers—Cashplus, Varo Money, Revolut, Capital on Tap and Fidor Bank—looking to shake up the status quo with tech and a superior customer experience.
The Monday mindset: 4 September 2017
Fintech zeitgeist! This week Loraine DeBonis, editor-in-chief of Banking Technology’s sister site Paybefore, muses on all the money changing hands in the payments industry.
Banking Technology September 2017 issue out now
Welcome to fintech central! Good service operating on all lines. The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.
