03 September 2014

All online banking news

Yorkshire Bank has apologised to customers following a computer breakdown that knocked out its branches and Internet banking services and scuppered overnight payments in and out of accounts.

China's Alipay has teamed up with handset maker Huawei to develop a system which lets people make mobile payments with their fingerprints.

Australian point-of-sale payments provider eftpos is moving online, testing a new system for web-purchases at supermarket chain Coles.

YouTube has introduced a feature which enables viewers to make donations to their favourite content creators through Google Wallet.

Having proved itself a hit in Spain, the BBVA HCE-based mobile payments app is set to be launched in the US, Mexico and Chile by the end of the year.

Governments should step up efforts to boost the use of digital payments in developing countries to increase financial inclusion, empower women and spur economic growth, according to a World Bank report.

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