21 July 2017
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PayPal strikes deals with Chase and Citi
Mobile & online

PayPal strikes deals with Chase and Citi

4 hours ago  |  1266 views  |  0 comments | 1 tweets

PayPal has strengthened its ties to two of America's biggest banks, forming a comprehensive partnership with JPMorgan Chase and a rewards-focussed deal with Citi.

The Nottingham Building Society expands branch network

The Nottingham Building Society is bucking one of banking's biggest trends, expanding its physical footprint by opening seven new branches in British market towns.

Diners can now pay for their TGI Friday's order through Amazon
Mobile & online

Diners can now pay for their TGI Friday's order through Amazon

15 hours ago  |  2958 views  |  0 comments | 7 tweets | 4 linkedin

Amazon is further extending its reach into the high street through a new feature that lets customers use its app to pay for in-store and order-ahead purchases.

Wells Fargo Control Tower to map customer's digital footprints
Payments

Wells Fargo Control Tower to map customer's digital footprints

17 hours ago  |  2826 views  |  0 comments | 4 tweets | 2 linkedin

Wells Fargo is to provide customers with a single view of all payments transactions - from PFM tools, to recurring payments and subscriptions - through a new feature, dubbed 'Control Tower'.

Acting OCC head Noreika stirs fintech charter debate
Wholesale banking

Acting OCC head Noreika stirs fintech charter debate

18 hours ago  |  2537 views  |  0 comments | 4 tweets | 2 linkedin

The new head of the US Office of the Comptroller of the Currency (OCC) has come out fighting in defence of his predecessor's plans to grant special-purpose bank charters to fintech firms, defying pending litigation from state regulators.

Payments sector hots up as Ingenico agrees $1.5 billion deal for Bambora
Payments

Payments sector hots up as Ingenico agrees $1.5 billion deal for Bambora

20 hours ago  |  3338 views  |  0 comments | 8 tweets | 12 linkedin

Ingenico is to acquire three-year old payment processor Bambora from Nordic Capital for $1.5 billion, adding fuel to an increasingly hot industry sector for M&A activity.

The eyes have it: TSB brings iris scanning to mobile app
Retail banking

The eyes have it: TSB brings iris scanning to mobile app

20 hours ago  |  3928 views  |  1 comments | 6 tweets | 12 linkedin

TSB is claiming a European first by introducing iris scanning to its mobile banking app, eradicating the need to remember lengthy IDs or passwords.

Finstar commits $150m to fintech investment
Retail banking

Finstar commits $150m to fintech investment

20 July 2017  |  3667 views  |  0 comments | 6 tweets | 1 linkedin

Private equity outfit Finstar Financial Group is planning to pump $150 million into fintech startups over the next five years.

FCA issues warning on misleading currency converter tools
Retail banking

FCA issues warning on misleading currency converter tools

19 July 2017  |  4375 views  |  0 comments | 4 tweets | 4 linkedin

The UK's Financial Conduct Authority (FCA) is again warning banks and other firms that provide currency conversion services that they face penalties for online converter tools which mislead customers on their rates.

Bank of England comes good on promise to provide non-banks with direct access to RTGS

The Bank of England has extended direct access to RTGS accounts to non-bank payment service providers as part of a wide-ranging effort to inject more competition and innovation into the UK's payments systems.

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