Latest innovation news

MobeyDay to deliver rallying cry to banking industry

24 May 2013 | 1292 views | 0

Banks and financial institutions should quit viewing mobile as just another customer channel and wake up to its potential to generate significant new revenues. This is the message that Mobey Forum will carry to mobile banking and financial services professionals attending its second annual MobeyDay event, to be held in Barcelona on 11 June.

'Hello. I'm on Mount Everest': Mobile banking hits highest peak

23 May 2013 | 2993 views | 3

Two mountaineers have set a world record by being the first to use a mobile banking app on Mount Everest.

ANZ and Royal Bank of Canada to engage with IBM's Watson

22 May 2013 | 2313 views | 0

ANZ and Royal Bank of Canada are working with IBM to test the capabilities of Watson Engagement Advisor for crunching account data and providing clients with relevant, nuanced answers to online and mobile queries.

Live: EBAday 2013, day two

22 May 2013 | 2288 views | 1

Payments professionals from across Europe are gathering in Berlin this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

Square launches e-mail cash transfers; Google shutters CheckOut

21 May 2013 | 2905 views | 0

Square is to move into PayPal's core territory with the invitation-only launch of a P2P email cash transfer service, dubbed Square Cash.

Live: EBAday 2013, day one

21 May 2013 | 3002 views | 0

Payments professionals from across Europe are gathering in Berlin this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

BNP Paribas launches digital mobile bank

17 May 2013 | 4816 views | 0

BNP Paribas has launched Europe's first stand-alone digital mobile bank, Hello Bank!, in Belgium and Germany.

Google to use Gmail and Chrome assets to push Wallet uptake

16 May 2013 | 3332 views | 0

With its mobile wallet struggling to gain traction on the high street, Google is to use its extensive Web assets to spur uptake, announcing a new payments API for Chrome browsers and the ability to send money as a Gmail attachment.

US govt freezes Mt. Gox account with Dwolla

15 May 2013 | 1880 views | 0

The US Department of Homeland Security has served payments start-up Dwolla with a court order telling it to stop processing transactions linked to bitcoin exchange MT. Gox.

PayPal and Square jostle for control of the cash register

15 May 2013 | 2982 views | 0

The battle for control of the merchant cash register has stepped up a gear with Square launching an iPad point-of-sale device and PayPal promising limited free payments processing to retailers that junk their old shopping tills in exchange for a feature rich iPad equivalent.