Non-bank competitors

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Citi keeps cards close to its chest over Google partnership

/Non-bank competitors

Citi keeps cards close to its chest over Google partnership

Citi appears to have downplayed Google’s involvement in the new checking account, which is set to launch next year and announces the internet giant’s much-expected move into banking services.

Alipay target: Serve 10m European SMEs by 2024

/payments

Alipay target: Serve 10m European SMEs by 2024

Alipay has set a target of supporting 10 million small to medium sized businesses in Europe over the next five years with new payment innovations and partner programmes.

JPMorgan targets ecommerce and gig economy firms with e-wallet

/Non-bank competitors

JPMorgan targets ecommerce and gig economy firms with e-wallet

JPMorgan Chase has moved to bolster its valuable wholesale payments business by building an e-wallet that lets e-commerce and gig economy firms such as Amazon and Airbnb offer their customers virtual bank accounts.

Retail banks losing the race to challengers in the last mile

/retail

Retail banks losing the race to challengers in the last mile

Capgemini and Efma's World Retail Banking Report (WRBR) released today finds that consumers are increasingly choosing challenger banks due to poor customer service in the 'last mile' of service delivery from high street incumbents.

Tracking Bitcoin's highs and lows

/Non-bank competitors

Tracking Bitcoin's highs and lows

The volatile nature of bitcoin trading has been brought into the spotlight by recent sharp rises and falls in the cryptocurrency after Mark Zuckerberg's grilling in Congress was countered by positive sentiment from China about blockchain and a future central-bank backed currency.

Money 20/20: Banks can be creepy, as long as they personalise services

/Non-bank competitors

Money 20/20: Banks can be creepy, as long as they personalise services

John Thomas, head of enterprise, innovation & strategic business architecture at TD Bank showcases his expertise on how to leverage data to synthesise the customer experience while at the same time, remaining hyper-relevant in the banking sector at Money 20/20 USA in Las Vegas.

Money 20/20: Latin American fintechs can serve the US better than US fintechs

/inclusion

Money 20/20: Latin American fintechs can serve the US better than US fintechs

Fintech firms born and bred in Latin America have survived and thrived in markets in which political and economic uncertainty requires new players to be agile and flexible.

Money 20/20: The Chinese payments space is a critical enabler for e-commerce

/payments

Money 20/20: The Chinese payments space is a critical enabler for e-commerce

Shining the spotlight on Asia, key trends defining China’s place in the global e-commerce space are discussed in sessions at Money 20/20 USA’s Leadership Lodge, diving deep into how fintech firms are adapting to deliver broader, yet innovative services to support a diverse range of merchants with cross-border payments.

Zuckerberg and Libra have further questions to answer, Nick Ogden tells Finextra

/Non-bank competitors

Zuckerberg and Libra have further questions to answer, Nick Ogden tells Finextra

Facebook’s Libra Project has questions of liquidity to answer in order to prove its doubters wrong, says Nick Ogden, creator of Worldpay and ClearBank.

BNY Mellon director: US has more B2B open banking activity than Eurozone

/payments

BNY Mellon director: US has more B2B open banking activity than Eurozone

Laura McGortey, director of strategic partnership solutions at BNY Mellon, claims that there is more open banking activity in the US B2B payments space in comparison to the Eurozone, on the final day of AFP 2019 in Boston.

A treasurer’s best practice guide to global payment integration

/payments

A treasurer’s best practice guide to global payment integration

Corporate business success stories can only be achieved if treasury professionals are keenly aware of the payment options, innovations and regulatory changes that are, can and will impact financial operations.

Ten Thai banks to trial biometrics

/Non-bank competitors

Ten Thai banks to trial biometrics

Thailand's central bank is set to launch a test-use of biometric technology and has announced that ten institutions will participate.

81% of banks would collaborate with fintech partners to execute digital transformation - Finextra

/payments

81% of banks would collaborate with fintech partners to execute digital transformation - Finextra

At EBAday 2019, hosted by Finextra in association with the EBA, it was revealed that 81% of banking executives would collaborate with partners to execute digital transformation most effectively.

Atom Bank transitions to Google Cloud

/cloud

Atom Bank transitions to Google Cloud

Atom bank announces today at Sibos in London that the mobile-only bank will be shifting from third-party data centres to Google Cloud in order to keep pace with digitally savvy customers and offer new services.

Sibos 2019: Cloud, AI and privacy are the building blocks of a new digital world

/cloud

Sibos 2019: Cloud, AI and privacy are the building blocks of a new digital world

How does an organisation decide if cloud and AI is right for them? This question was hotly debated at Sibos 2019 in London and discussions were also had around how IT leaders need to constantly assess the benefits of the cloud and AI in the context of the businesses they serve.

Sibos 2019: How to innovate beyond open banking

/Non-bank competitors

Sibos 2019: How to innovate beyond open banking

Spotlight sessions at Sibos 2019 in London had one key message: change is the only constant in open banking. Lisa Robins, global head of transaction banking at Standard Chartered, kicked off afternoon keynotes at the Excel Centre by comparing how Shazam solves the problem of forgetting the name of songs to how open banking has disrupted the financial services industry.

Sibos 2019: Should banks trust in the UK despite Brexit uncertainty?

/Non-bank competitors

Sibos 2019: Should banks trust in the UK despite Brexit uncertainty?

Welcoming business leaders and industry experts to the Excel Centre in London for Sibos 2019, Swift innovation manager Innes Macleod takes to the stage to divulge Innotribe’s mission and reflect on the technological and societal changes that are challenging the financial services sector, with input from renowned experimental physicist and celebrity figure Professor Brian Cox.

Tech Nation opens applications to scale up the new Monzo or Starling

/Non-bank competitors

Tech Nation opens applications to scale up the new Monzo or Starling

Entrepreneur network Tech Nation has opened applications for three of its growth programmes: Future Fifty, Upscale and Rising Stars. These initiatives have proved to be successful in the past with alumni including the likes of Monzo, Starling Bank, Funding Circle, Darktrace, Deliveroo and Skyscanner.

Chinese official voices digital coin plans

/Non-bank competitors

Chinese official voices digital coin plans

More details have emerged around China's plans to issue its own digital coin following a lecture given by a senior official at the central bank.

M-Payment firms form Euro association

/Non-bank competitors

M-Payment firms form Euro association

Seven mobile payment firms covering more than 25 million registered users are clubbing together to form the European Mobile Payment Systems Association (EMPSA) which its members say will foster collaboration and facilitate international payments.

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