29 May 2017
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Latest retail banking news

Google and PayPal partner for mobile shopping by fingerprint

Google and PayPal partner for mobile shopping by fingerprint

18 May 2017  |  10043 views  |  0 comments | 28 tweets | 30 linkedin

Android Pay users that have linked their PayPal accounts will soon be able to pay for goods when mobile shopping using the Chrome browser with just just a touch of their fingerprint.

Sumitomo Mitsui rolls out messaging app bot

Sumitomo Mitsui rolls out messaging app bot

18 May 2017  |  3829 views  |  0 comments | 2 tweets | 1 linkedin

The Sumitomo Mitsui Financial Group has developed an AI chatbot that will answer customer questions over Line, the popular Japanese messaging app.

Paytm to open new Payments Bank next week

Paytm to open new Payments Bank next week

18 May 2017  |  5932 views  |  0 comments | 5 tweets | 6 linkedin

Indian mobile wallet giant Paytm is to open its new Payments Bank on 23 March, joining telco Bharti Airtel as one of the first non-banks to take advantage of the Government's relaxing of restrictions on bank licensing in an effort to boost financial exlusion.

Time for data-driven banking to come of age

Time for data-driven banking to come of age

18 May 2017  |  9528 views  |  0 comments | 29 tweets | 35 linkedin

Standard Chartered group chief information officer, Dr Michael Gorriz says that banks need to develop new strategies for how to harness their data assets to spur growth.

Ex-Tandem CTO onboard for Dubai-based digital bank

Ex-Tandem CTO onboard for Dubai-based digital bank

17 May 2017  |  4812 views  |  0 comments | 3 tweets | 7 linkedin

The former CTO of UK challenger Tandem has joined forces with experienced execs from the more traditional banking sector to build a digital-only bank in Dubai.

Eastern Bank spins off online loan platform

Eastern Bank spins off online loan platform

17 May 2017  |  4312 views  |  0 comments | 7 tweets | 1 linkedin

Boston-based Eastern Bank has spun off an online loan platform for small businesses that was developed by its innovation lab into an independent company that has already raised $9 million in funding.

Fintech unicorn Transferwise moves into the black

Fintech unicorn Transferwise moves into the black

17 May 2017  |  5951 views  |  0 comments | 25 tweets | 18 linkedin

Fintech unicorn Transferwise says the company has reached operational profitability six years after launch.

DrnkPay app blocks credit cards if you've had too much to drink

DrnkPay app blocks credit cards if you've had too much to drink

17 May 2017  |  8428 views  |  8 comments | 15 tweets | 15 linkedin

A new mobile app is promising to help users avoid drunken late night impulse spending by linking credit and debit cards to a breathalyser and, if too much has been imbibed, barring certain purchases.

Capco sues former UK boss for £145 million

Capco sues former UK boss for £145 million

17 May 2017  |  4924 views  |  0 comments | 3 tweets | 2 linkedin

FIS-owned consultancy Capco is suing its former UK boss Andrew Tarver for £145 million over allegations that he stole clients and conspired to cover up the evidence.

Chase joins $50m LevelUp funding round

Chase joins $50m LevelUp funding round

16 May 2017  |  4171 views  |  0 comments | 6 tweets | 1 linkedin

JPMorgan Chase has joined a $50 million funding round for LevelUp, a Boston-based mobile payments service that lets customers order ahead at partner restaurants.

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