Mobile & online banking

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The Importance of Trust, Transparency and Technology in Community Banking

/retail

The Importance of Trust, Transparency and Technology in Community Banking

Virtually joining the FinextraTV studio, Rick Sowers, President & CEO, CalPrivate Bank gives an insight into the world of community banking. As well as defining the difference between a community bank and a larger one, Sowers explains the fundamental importance of having trust in who you bank with and how technology continues to shape the future.

/retail

43% have abandoned online shopping baskets due to poor checkout experiences

Shoppers in the UK have a lower tolerance for poor online checkout experiences than others in Europe, new research from leading financial technology provider payabl. finds.

Revolut staffs up and carries out testing ahead of UK banking switch

/retail

Revolut staffs up and carries out testing ahead of UK banking switch

Having finally secured its UK banking licence, Revolut is hiring staff and testing its systems as it aims to move millions of customers to its new bank entity this summer.

/retail

Princeton Federal Credit Union deploys Mahalo Banking platform

Princeton Federal Credit Union (‘PFCU’), has officially launched Mahalo Banking's Thoughtful Banking platform, marking a significant upgrade to its digital banking services.

/payments

Apple introduces Tap to Pay on iPhone in more European countries

Apple today introduced Tap to Pay on iPhone in Bulgaria, Finland, Hungary, Liechtenstein, Poland, Portugal, Slovakia, Slovenia, and Switzerland, enabling millions of merchants to use iPhone to seamlessly and securely accept in-person, contactless payments.

/payments

Adyen goes live with tap to Pay on iPhone in nine addditional European markets

Adyen, the global financial technology platform of choice for leading businesses, has officially enabled Tap to Pay on iPhone in nine new markets: Bulgaria, Finland, Hungary, Poland, Portugal, Slovakia, Slovenia, Switzerland and Liechtenstein.

Verification of Payee: Prepare for October 2025 deadlines at NextGen Nordics

/regulation

Verification of Payee: Prepare for October 2025 deadlines at NextGen Nordics

In March 2025, the Eurosystem completed exploratory work for offering a Verification of Payee (VoP) service for payment service providers (PSPs) in SEPA, helping them comply with the EU’s Instant Payments Regulation across credit transfers in Euro. NextGen Nordics 2025 at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will explore how VoP can reduce fraud and payment, and prepare for 5 October 2025, the effective date of the VOP scheme rulebook.

/payments

Nexi extends Tap to Pay on iPhone to merchants in Switzerland and Finland

Nexi, the European PayTech, now enables merchants in Switzerland and Finland to accept in-person contactless payments seamlessly and securely with Tap to Pay on iPhone.

/payments

MyPOS introduces Tap to Pay on iPhone for businesses in Switzerland, Hungary, Portugal, and Bulgaria

UK-based payments company myPOS is introducing Tap to Pay on iPhone for businesses in Switzerland, Hungary, Portugal, and Bulgaria.

/payments

7Pay chooses MineSec for SoftPOS development

MineSec, a leading provider of innovative payment solutions, today announced that 7Pay, a renowned payment platform provider, has selected MineSec as its partner to power its next-generation SoftPOS solutions.

/startups

Marygold & Co. launch new personal finance app

Marygold & Co., a brand-new money management app, has today launched, radically simplifying personal finance and money management. The app promises to overhaul the UK's archaic banking system, characterised by an endemic failure to understand how intertwined our finances are with our day-to-day lives.

Mexican digital bank Plata raises $160m

/retail

Mexican digital bank Plata raises $160m

Less than two years after launching, Mexican digital bank Plata has joined the unicorn club off the back of a $160 million Series A funding round.

/payments

Intuit QuickBooks enables Tap to Pay on iPhone

Today, Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced the availability of Tap to Pay on iPhone for its QuickBooks Online customers in the U.S., enabling small and mid-market businesses to seamlessly and securely accept in-person contactless payments using only an iPhone.

Nubank partners OpenAI to smooth customer experience

/ai

Nubank partners OpenAI to smooth customer experience

Brazil's Nubank is working with OpenAI on a host of services and features for its 114 million customers.

Sweden's Riksbank works on offline payments in contingency planning for war outbreak

/payments

Sweden's Riksbank works on offline payments in contingency planning for war outbreak

Sweden's central bank is working to improve the possibility of making offline payments by card to strengthen resilience at a time of geopolitical unease and the advance of Russian troops in Ukraine.

/payments

Visa launches Tap to Add Card in Egypto

Visa, the global leader in digital payments, has announced the launch of , Tap-to-Add Card, in the Egyptian market.

/payments

Solidgate introduces Blik to Polish merchants

Solidgate, a leading payment orchestration platform, and BLIK, Poland’s leading mobile payment system, are happy to announce their strategic partnership.

/payments

Nexi Group enables Swiss merchants to accept payments via WeChat

Nexi Group, the European PayTech, has collaborated with WeChat Pay to enable Swiss merchants to accept payments at the point of sale (POS) via the WeChat Pay app.

Google Wallet opened up for least-cost routing in Australia

/payments

Google Wallet opened up for least-cost routing in Australia

Australian Payments Plus (AP+) has worked with Google to roll out eftpos functionality and least-cost routing (LCR) on transactions made via Google Wallet, giving merchants the options to move away from costly card scheme networks.

/payments

Visa releases Tap to Add Card in Kuwait

Visa (NYSE: V) today announced the launch of Tap to Add Card in Kuwait marking a significant advancement in digital wallet provisioning.

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