Mobile & online banking

6874 articles tagged with this keyword

/payments

Banco Sabadell offers customers real-time card payment geolocation

Banco Sabadell is using transaction enrichment technology from Snowdrop Solutions to enable its customers to accurately visualise the locations of their card transactions on a map, along with the merchant name and logo for clearer understanding.

/security

NAB scam warnings help Australians abandon suspect payments

National Australia Bank says customers abandoned A$48.5 million worth of payments in the past two months after getting scam warnings from the bank.

/retail

Monzo CEO and board debate IPO venue

As Monzo makes preliminary plans to go public, the UK digital challenger bank's CEO and board are reportedly at odds over whether to list in London or New York.

/retail

Capital One customers hit by outage

Capital One says an issue with a third-party vendor that left some customers unable to access their accounts has been fixed.

/security

Revolut takes on impersonation scams with in-app calls

Fintech giant Revolut is rolling out in-app calls to help retail customers quickly expose impersonation scams.

/crime

American Express pays $230 million for alleged deceptive sales

American Express has agreed to pay $230 million to settle charges for alleged deceptive sales of credit card and wire transfer products to small business customers.

/payments

Tap on phone startup Klearly raises €6 million seed round

Dutch in-person payment startup Klearly has raised a €6 million seed round to expand into new European markets.

/regulation

Dave faces US lawsuit

The US Department of Justice and Federal Trade Commission have launched legal action against Dave, the mobile banking app, alleging that it misled customers over its charges.

/retail

UK neobank app downloads surpass legacy banks for the first time

A new analysis of finance, fintech and crypto apps on the Google Play Store by SplitMetrics, has found that UK neobanks have surpassed UK legacy banks in terms of app downloads for the very first time ahead of the festive season.

/payments

10 trends that will impact payments in 2025, according to Mastercard

In this preview of a Mastercard report being released in early 2025, leaders at the card processer say that generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.

/payments

Swish adds tap-to-pay function for its 8.6 million mobile users

Sweden's popular payments app Swish is adding payment cards to its mobile service, enabling users to Tap-to-Pay with their phones in stores across Sweden and abroad.

/security

Gen Digital to buy MoneyLion for $1bn

Mobile banking firm MoneyLion has agreed to be acquired by tech group Gen Digital in a $1 billion cash deal.

/payments

Lunar creates standalone enterprise payments business

Nordic challenger bank Lunar is stepping up its BaaS efforts, shifting its banking services division into a new standalone entity called Moonrise.

/retail

Santander launches online pension plan with up to £1000 cashback offer

Banco Santander has launched a Self-Invested Personal Pension (Sipp) plan in the UK, with a £1000 cashback offer to people investing over £100,000.

/crime

MEP amendments to PSR APP fraud liability regime 'undermine effective fraud prevention'

Copenhagen Economics and the Computer & Communications Industry Association (CCIA Europe) have revealed flaws in the European Parliament’s unprecedented extension of liability beyond payments services providers (PSPs) to online platforms and electronic communication service providers, such as telecom operators, who would also have to refund victims of impersonation fraud.

/crime

5 most common fraud methods in 2024, according to AIB

‘Smishing’ accounts for 94% of all fraud cases from January to October this year.

/payments

EPI enrolls 14 million users to wero wallet

The European Payment Initiative, a bank-backed venture that was initially set up to build a rival to Mastercard and Visa in Europe, has enrolled 14 million users and processed eight million transactions since launch.

/inclusion

Beacon launches digital wallet for immigrants to Canada

Canadian startup Beacon has opened the waitlist for its purpose-built digital wallet for immigrants moving to the country.

/cloud

Santander launches Openbank digital brand in Mexico

Hot on the heels of its arrival in the US, Santander's Openbank digital offering has landed in Mexico.

/retail

Canada's Neo raises C$360m in equity and debt

Canadian fintech Neo Financial has raised C$110 million in equity and another C$250 million in debt to fuel its efforts to take on the country's big five high street banks.