Latest Mobile & online banking News: Finextra Research

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.

18 March 2025

Company update/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.

18 March 2025

Company update/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.

18 March 2025

Company update/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.

18 March 2025

Company update/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.

14 March 2025

News/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.

13 March 2025

Company update/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.

11 March 2025

News/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.

11 March 2025

News/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.

10 March 2025

Company update/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.

10 March 2025

Company update/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.

06 March 2025

Company update/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.

06 March 2025

News/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.

06 March 2025

Company update/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.

05 March 2025

Company update/security

CommBank strengthens online security as customer scam losses drop by more than 70 percent

CommBank today announced it is adding an extra layer of security to online banking to help protect customers from fraud and scams.

04 March 2025

Company update/people

Santander's Openbank appoints Christopher Oster GM, Germany

Openbank, the 100% digital bank of Santander Group, has announced the appointment of Christopher Oster as the new General Manager of its German branch.

03 March 2025

News/payments

Visa records spike in Tap to Phone uptake

Tap to Phone, Visa's technology that turns smart phones into payment terminals, has experienced a 200% increase in usage globally over the past year and a 300% surge among small business owners in the UK.

03 March 2025

Company update/payments

Nium partners with G2 Travel for virtual card payments in hotels

Nium, the leading global infrastructure for real-time cross-border payments, has today announced a strategic partnership with G2 Travel. The wholesale tour operator will use Nium’s virtual card payment solution to pay hotel partners globally. The partnership adds more local currencies to G2 Travel’s offering and makes supplier payments faster, more efficient, and more secure.

03 March 2025