18 September 2014

All online banking news

Shares in Monitise plummeted more than 25% in morning trading on news that Visa is "considering its options" on its 5.5% stake in the mobile money firm.

BNP Paribas Fortis and SIX Payment Services are promising to bust the Bancontact/Mister Cash monopoly in Belgium by launching their own one-stop payments shop for merchants, covering everything from terminals to acquiring services.

MasterCard is claiming a 98% success rate for pilot trials of a biometric verification system combining both voice and facial recognition.

US neo-bank Simple has added support for Apple's TouchID and Android-powered wearable devices, as it bids to reclaim its credentials as an innovator in financial services following complaints from customers about buggy software issues on its platform.

The Bill & Melinda Gates Foundation is aiming to accelerate the adoption of digital payments in the developing world by offering grants to firms that make it easy for small merchants to accept mobile money.

Wireless operator Orange has integrated its mobile Money platform with the Bank of Africa, enabling users to perform basic banking transactions with their handsets.

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