Innovation

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/Innovation

UK banking standards report: key takeaways

A government-sponsored report into falling banking standards in the UK has made a raft of significant recommendations, ranging from the jailing of senior bankers for reckless management practices, encouraging more competition from new 'challenger' banks, and placing more women on the trading floor.

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The future of the mobile wallet

Mark Hartley, chief innovation officer at Clear2Pay discusses the future of the mobile wallet and offers highlights from the recent Finextra survey 'Monetising Payments'.

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Barclays extends mobile payments to retailers with Buyit

The ability to pay bills and purchase retail items via QR codes is a core part of the Pingit mobile payments service, and soon-to-be-launched Buyit service, from Barclays says Richard Martin, MD, cash management at Barclays.

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SAP launches capital markets tech contest for students

IT giant SAP has launched a contest for American financial engineering university students, inviting them to pitch technology ideas that will help shape the future of capital markets.

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Cashing in on the mobile wallet

Pol Navarro, head of direct channels and innovation at Banco Sabadell, talks to Finextra about the barriers and potential uses of the mobile wallet.

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Swedish Mpos vendor iZettle poised for global expansion

Ignacio Garcia, managing director, iZettle Spain discusses how the vendor increased Mpos adoption by 25% in Sweden and how the recent €5 million investment from Banco Santander will expedite their global expansion.

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PKO Bank fights the good fight against cash

Wojciech Bolanowski, managing director of Electronic Banking, PKO Bank Polski explains to Finextra how their IKO Project, an account based mobile payments service for Poland, is not a fight against the cards market.

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Preventing retail banking fraud

Giles Nelson, deputy chief technology officer at Progress Software discusses how to detect and prevent retail banking fraud.

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E-commerce verification outfit Trustev wins EC start-up competition

Trustev, an Irish firm which uses 'social fingerprinting' technology to verify online shoppers in real time, has won the European Commission's Tech All Stars competition.

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Credit union fills branches with 'technology champions' to push mobile services

An American credit union has put a 'technology champion' in every one of its 76 branches to help members get up to speed with its mobile and online services.

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PKO Bank fights the good fight against cash

Wojciech Bolanowski, managing director of Electronic Banking, PKO Bank Polski explains to Finextra how the firm's IKO Project, an account based mobile payments service for Poland, is not a fight against the cards market.

/Innovation

Swedish Mpos vendor iZettle poised for global expansion

Ignacio Garcia, managing director, iZettle Spain discusses how the vendor increased Mpos adoption by 25% in Sweden and how the recent €5 million investment from Banco Santander will expedite its global expansion.

/Innovation

CommBank to launch Support Community as part of online overhaul

Commonwealth Bank of Australia is to launch an online forum and information exchange where customers and bank staff can search for support and advice and engage in discussions for on-the-spot query resolution.

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Twitter and Chase offer small businesses $1m in free advertising

Twitter is handing over $1 million in advertising credits to Chase small business customers as part of a wider partnership aimed at helping firms tap into the social network.

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Mpos sparks merchants' interest

Erik Holst-Roness, chief strategy officer, SCCP Group discusses how mobile point of sale is gaining interest from large enterprises as well as corporates using Mpos for B2B and B2C sales.

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Social media and the mobile wallet

David Urbano, director of mobile channel & digital networks, CaixaBank talks about how the bank incorporates social media in its services and how the mobile wallet will evolve in the future.

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Make mine a pint of Bitcoin: UK pub chain takes virtual currency

A pub chain run by a former Cambridge University scientist has started accepting bitcoins in exchange for pints of beer.

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Live: MobeyDay 2013

Mobile banking professionals from around the world gathered in Barcelona on Tuesday for a day of networking and debate at the second annual MobeyDay. Finextra liveblogged events here.

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CaixaBank hosts international forum for mobile banking experts

CaixaBank will be hosting MobeyDay 2013 in Barcelona, bringing together financial institutions from all over the world, as well as network operators, technology providers and consultancy firms specialising in mobile banking.

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Big data to drive banks' mobile wallet strategies - Finextra research

Research from Finextra finds that banks around the world are looking to discounted offers and big data analytics to beat off the competition from telcos and tech start-ups as they battle for control of the consumer mobile wallet.