26 August 2016
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Chase goes the extra mile in auto financing
Mobile & online

Chase goes the extra mile in auto financing

1 hour ago  |  998 views  |  0 comments | 1 tweets | 3 linkedin

Chase is going the extra mile in its auto-financing business, providing an online platform where users can specify and shop for new and used cars and secure a loan through their smartphone or computer.

India's Unified Payments Interface goes live with 21 banks
Payments

India's Unified Payments Interface goes live with 21 banks

11 hours ago  |  2422 views  |  0 comments | 4 tweets | 11 linkedin

India's Unified Payments Interface (UPI) is going live for customers of 21 banks, paving the way for a P2P payments revolution in the country.

Mondo becomes Monzo
Retail banking

Mondo becomes Monzo

16 hours ago  |  3852 views  |  1 comments | 11 tweets | 4 linkedin

After sifting through thousands of submissions from the public and rejecting such tempting options as Banky McBankface and Mayonnaise, British app-only challenger bank Mondo has unveiled its new name: Monzo

Global Fintech Hubs Federation launches
Wholesale banking

Global Fintech Hubs Federation launches

20 hours ago  |  2797 views  |  0 comments | 13 tweets | 2 linkedin

Innotribe, Swift's innovation arm, and London-based Innovate Finance have signed up more than 20 countries to a new Global Fintech Hubs Federation (GFHF) that will work to bring together the international community of financial technology players.

US banks rebrand P2P payments service to take on Venmo
Mobile & online

US banks rebrand P2P payments service to take on Venmo

21 hours ago  |  2778 views  |  1 comments | 7 tweets | 10 linkedin

America's banks are stepping up their assault on Venmo by rebranding their clearXchange person-to-person payments service to the more consumer-friendly Zelle.

Financial market infrastructures piling into blockchain - WFE
Blockchain

Financial market infrastructures piling into blockchain - WFE

22 hours ago  |  2570 views  |  0 comments | 6 tweets | 15 linkedin

More than 84% of trading venues and clearing counterparties surveyed by the World Federation of Exchanges (WFE) are either investigating or actively pursuing the applicability of distributed ledger technologies in financial markets.

Singapore proposes new regulatory framework to handle payments innovation
Risk & regulation

Singapore proposes new regulatory framework to handle payments innovation

23 hours ago  |  3426 views  |  0 comments | 10 tweets | 9 linkedin

Singapore's central bank is to streamline its regulatory framework to accommodate new innovations in payments systems and establish a National Payments Council to promote interoperability and common standards among competing services.

Westpac launches Databank for corporate data exchange
Wholesale banking

Westpac launches Databank for corporate data exchange

23 hours ago  |  2306 views  |  0 comments | 1 tweets | 5 linkedin

Westpac is leveraging its investment in data sharing startup Data Republic with the launch of a service that enables corporate clients to store and exchange anonymised data with a view to gaining deeper insights into customer behaviour.

US Bank joins robo investment movement with FutureAdvisor
Retail banking

US Bank joins robo investment movement with FutureAdvisor

25 August 2016  |  2511 views  |  0 comments | 4 tweets | 3 linkedin

US Bank is the latest large financial institution to team up with an automated investment platform to provide online financial advice to wealth management clients, forming an alliance with BlackRock-owned FutureAdvisor.

China drives soaring Asia Pacific fintech financing
Start ups

China drives soaring Asia Pacific fintech financing

25 August 2016  |  2298 views  |  0 comments | 2 tweets | 5 linkedin

Fintech funding in Asia Pacific is on a tear, reaching $9.6 billion for the first six months of the year, more than twice the $4.26 billion invested in the region in all of 2015, according to Accenture.

POSB branch banking goes round-the-clock with new Video Teller Machine
Security

POSB branch banking goes round-the-clock with new Video Teller Machine

25 August 2016  |  2972 views  |  0 comments | 3 tweets | 15 linkedin

Singapore's POSB has begun pilot trials of a new breed of ATMs capable of conducting biometric ID scanning, video teller services and dispensing lost cards and Internet banking tokens.

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