Belgium's major banks and mobile network operators have joined forces to create an app that lets people replace their various online usernames and passwords with a single code or fingerprint.
KBC Bank Ireland, Ireland’s digital-first bank, has launched a ground-breaking new mobile app for new customers. KBC’s app is the first of its kind, and works by allowing customers to open, activate and use their bank account at any time, within just five minutes.
Enterprise software firm R3 and four of its member banks have built a prototype solution for issuance of Euro Commercial Paper (ECP) on R3’s Corda distributed ledger technology (DLT) platform.
Seven of Europe’s largest banks have selected IBM to build and host a new trade finance platform using Big Blue's Hyperledger Fabric.
As from today the latest version of the KBC K’Ching app, the KBC mobile banking app for youngsters, will be available in app stores for all K’Ching users. This latest version allows users to communicate through instant messaging with the app through an artificial intelligence (AI) chatbot.
Axioma, a leading provider of enterprise market risk and portfolio management solutions, has entered into an agreement with KBC Asset Management (KBC), to provide Belgium’s largest investment manager with a risk management and portfolio optimization solution.
The Payment Services Directive 2 (PSD2) represents the biggest change in banking for 700 years, says Patrick Tans, senior general manager banking products at KBC Bank. Speaking at the European Payments Summit in the Hague, Tans said under PSD2, banks will lose the monopoly on customer experience and interaction that they have enjoyed since the 1400s.
Seven of Europe's biggest banks are collaborating on the development of a shared cross-border trade finance platform for small and medium -sized companies that harnesses the power of distributed ledger technology.
Another Belgian bank, Belfius has joined ING and KBC in contributing towards the roll out of an integrated mobile payments and loyalty platform based on the Dutch bank's payment app Payconiq.
Czech Republic bank ČSOB has enlisted Italy's SIA to launch what it claims is the country's first NFC payments mobile wallet for Visa and MasterCard.
© Finextra Research 2017