Latest Retail banking News: Finextra Research

Zopa gets banking license

Zopa has received a UK banking license, paving the way for the peer-to-peer lending pioneer to launch a brand-new suite of financial products built on proprietary technology.

04 December 2018

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TD Ameritrade brings WeChat integration to the US

TD Ameritrade customers in the US can now do their research, access the markets and get support through Chinese social and messaging platform WeChat.

03 December 2018

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Accenture buys Intesa Sanpaolo's stake in Italian bank tech vendor

Italian banking group Intesa Sanpaolo has sold its majority stake in financial services technology firm SEC Servizi Spa to Accenture. Financial details of the deal were not disclosed.

03 December 2018

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Mastercard and Microsoft forge digital identity partnership

Mastercard and Microsoft are joining forces to tackle the messy business of digital identity verification, vowing to kill off passwords and give people a secure, instant way to verify themselves online with whomever they want, whenever they want.

03 December 2018

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Australian neo bank Xinja returns to the crowd

Australian mobile banking startup Xinja is returning to the crowd in a bid to raise a further $5 million from private investors as it prepares to apply for a full banking licence.

03 December 2018

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Card details at risk in massive Marriott data breach

The details of millions of payment cards may have been exposed in a hack on hotel giant Marriott affecting 500 million guests.

30 November 2018

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Switzerland adopts new fintech authorisation rules

The Swiss government has amended its Banking Act to include new authorisation rules for fintechs in its latest bid to boost innovation in the sector.

30 November 2018

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ECB launches real-time payments system

The European Central Bank has unveiled its response to the rise of digital wallets with the launch of Target Instant Payments Settlement (TIPS), a pan-eurozone instant payments system.

30 November 2018

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LiveLend loan rates go down as borrowers' credit scores go up

A British startup has launched what it claims is the world's first 'dynamic' loan that rewards borrowers with better rates as they improve their credit score.

30 November 2018

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BofE-led ISO 20022 consultation gets industry thumbs up

A Bank of England-led consultation on adoption of ISO 20022 has found widespread backing for the introduction of a Common Credit Message (CCM), which aims to harmonise messaging across the UK’s main interbank payment systems.

30 November 2018

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Kuwait joins fintech sandbox rush

Kuwait's central bank is launching a regulatory sandbox for startups, joining a crowded regional field jostling to become the Middle East's top fintech spot.

29 November 2018

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Mastercard backs Polish startup factory

Mastercard is joining forces with Polish corporate innovation centre The Heart to open a 'startup factory' that builds financial services-focussed tech firms.

29 November 2018

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