24 July 2017
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Latest retail banking news

UK banking app transaction numbers soar

UK banking app transaction numbers soar

29 June 2017  |  11340 views  |  0 comments | 30 tweets | 27 linkedin

Brits are increasingly relying on banking applications to manage their money, with nearly 40% of adults using apps in 2016 and transactions rising by 57% during the year.

Nova joins the robot revolution at Nordea

Nova joins the robot revolution at Nordea

29 June 2017  |  4352 views  |  0 comments | 8 tweets | 5 linkedin

Nordea Life and Pensions in Norway has welcomed its latest recruit, Nova, an AI-based chatbot that has been trained to respond to customer questions relating to pension and insurance in Norwegian.

Chase partners GE to slash branch energy emissions

Chase partners GE to slash branch energy emissions

29 June 2017  |  2914 views  |  0 comments | 1 tweets | 1 linkedin

Chase is pushing its green credentials through a partnership with GE that will see the bank slash energy consumption at 4500 branches by 15%.

Santander poaches Intuit veteran to push digital agenda

Santander poaches Intuit veteran to push digital agenda

28 June 2017  |  6544 views  |  0 comments | 4 tweets | 6 linkedin

Banco Santander has appointed a nine-year veteran of US financial software house Intuit as chief digital and innovation officer.

Providing knowledge and access to networks is the future of banking - Rabobank CEO

Providing knowledge and access to networks is the future of banking - Rabobank CEO

28 June 2017  |  6485 views  |  0 comments | 10 tweets | 17 linkedin

Rabobank chairman of the executive board Wiebe Draijer has given an insight into his vision for the future of banking in the fintech age, arguing that providing knowledge and access to networks, not products, will be what drives his industry.

Nets experiments with finger payments at Idea Lab

Nets experiments with finger payments at Idea Lab

28 June 2017  |  7730 views  |  0 comments | 8 tweets | 11 linkedin

Nordic payments processor Nets is working with UK biometric company Sthaler to trial the use of finger vein recognition technology to authenticate users at the point-of-sale.

InvestCloud to open London fintech incubator

InvestCloud to open London fintech incubator

28 June 2017  |  4497 views  |  0 comments | 7 tweets | 3 linkedin

California-based InvestCloud is opening a fintech incubator and accelerator in London, inviting firms to take advantage of its platform in developing digital wealth management tools.

BBVA brings Alipay to Spain

BBVA brings Alipay to Spain

28 June 2017  |  8276 views  |  0 comments | 22 tweets | 16 linkedin

BBVA is to provide a bridgehead into Spain for Alipay, the QR code-based mobile payment service from Chinese giant Ant Financial.

Branch visits face steep decline as mobile banking takes hold

Branch visits face steep decline as mobile banking takes hold

28 June 2017  |  5786 views  |  2 comments | 10 tweets | 24 linkedin

Mobile banking transactions in the UK are expected to more than double by 2022, while branch visits will dwindle to just four visits each year for the average consumer in the same period, according to figures produced by industry analyst group CACI.

HSBC hires Biggs to lead business model innovation

HSBC hires Biggs to lead business model innovation

28 June 2017  |  18462 views  |  0 comments | 21 tweets | 18 linkedin

HSBC has hired femtech heavyweight Diana Biggs as head of business model innovation for UK and Europe.

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