Mobile & online banking

6832 articles tagged with this keyword

/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 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.

/retail

Alkami boosts account opening capabilities with $400m Mantl acquisition

Cloud-based digital banking vendor Alkami has agreed to buy account opening technology provider Mantl in a $400 million deal.

/people

Lloyds hires Amazon exec to head up mortgages division

A former technology head at Amazon has been hired by UK high street bank Lloyds to lead the digitisation of the bank's revamped mortgage division

/retail

Zopa moves to bigger London office

UK-based digital bank Zopa has doubled its physical footprint in London following its move to a new office.

/people

Bank of Ireland to cut jobs in efficiency drive

Bank of Ireland is set to reduce its headcount as part of a digitally-fuelled efficiency drive, according to its chief executive.

/payments

Asia to dominate global fintech market – report

Asia could account for almost half of global fintech transactions by the end of the year as it continues to outpace other regions, according to recently published research.

/security

Singapore records surge in mobile wallet scams

The Singapore Police Force is warning of a rise in scams using phished card credentials and mobile wallets.

/security

Visa launches Tap to Add Card in three new markets

Visa has launched its ‘Tap to Add Card’ service in Ukraine, Georgia and South Africa, enabling cardholders to add their bank card to their mobile wallet by tapping their card against their mobile phone.

/ai

BBVA virtual assistant gets AI-powered account and card management features

BBVA has revamped its personal virtual assistant, adding AI-powered account and card management features.

/people

Monzo COO Bhatia steps down

Monzo chief operating officer Sujata Bhatia is leaving after five years at the UK digital bank.

/cloud

Australia's AMP taps Starling tech for SMB digital bank

Australian financial services firm AMP has tapped Engine by Starling for a new digital bank for small business owners and everyday customers.

/security

India to introduce exclusive domains for banks

India is rolling out new domains for banks and other financial services providers in an effort to tackle cybercrime.

/inclusion

Pomelo combines US consumer credit with international money transfer to Philippines

Pomelo's partnership with Mastercard and Coastal Community Bank enables US immigrant customers to use and build credit while supporting family and friends overseas.

/retail

UK neobanks take market share from incumbents

Digital challengers are chipping away at the dominance of high street giants in the UK, with nine per cent of Brits now holding their main debit card with a neobank.

/payments

Australia's banks urge Parliament to regulate mobile wallets

Australia's banks are urging the government to swiftly pass legislation that will ensure the country's payments regulatory framework remains fit-for-purpose as digital payments continue to skyrocket.

/wholesale

BMO brings embedded finance to business ERP systems

Canada's BMO has teamed up with embedded banking specialist Fispan to let business clients integrate their online accounts directly into Enterprise Resource Planning (ERP) and accounting systems.

/retail

Barclays suffers major app outage on pay day

Barclays has been hit by an IT problem that has left some customers unable to access their accounts online or through the app.

/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.