21 September 2017
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Latest retail banking news

European banks shuttered over 9000 branches last year

European banks shuttered over 9000 branches last year

13 September 2017  |  6576 views  |  5 comments | 17 tweets | 30 linkedin

European banks closed over 9000 branches last year and shed 50,000 staff as customer defections to online and mobile channels surged, according to data from the European Banking Federation.

JPMorgan Chase chief says he would fire traders dealing in bitcoin for stupidity

JPMorgan Chase chief says he would fire traders dealing in bitcoin for stupidity

13 September 2017  |  10705 views  |  2 comments | 16 tweets | 29 linkedin

JPMorgan Chase chief Jamie Dimon has upped the ante in his criticism of bitcoin, declaring the cryptocurrency a fraud and warning that he would fire any trader caught dealing in the coin for being "stupid".

Rabobank taps Dynatrace for unified Application Performance Monitoring

Rabobank taps Dynatrace for unified Application Performance Monitoring

13 September 2017  |  4677 views  |  0 comments | 4 tweets | 19 linkedin

Rabobank is to use Application Performance Monitoring technology from Dynatrace to map every single customer interaction with the bank across multiple touchpoints.

iPhone X gets Face ID for Apple Pay

iPhone X gets Face ID for Apple Pay

12 September 2017  |  9341 views  |  0 comments | 11 tweets | 22 linkedin

Apple has ditched Touch ID for Face ID in its new iPhone X, enabling users to authenticate themselves - including for Apple Pay and apps that support the feature - simply by looking at their handsets.

IBM and UBS team on blockchain payments for cars

IBM and UBS team on blockchain payments for cars

12 September 2017  |  11721 views  |  1 comments | 21 tweets | 39 linkedin

UBS, IBM and car parts manufacturer ZF are working together to build a blockchain-based payments system that automatically collects fees for things such as parking and power charging.

Nets deliver instant mobile payments to Vipps partner banks

Nets deliver instant mobile payments to Vipps partner banks

12 September 2017  |  5937 views  |  0 comments | 5 tweets | 4 linkedin

Nordic payments processor Nets is to enable instant P2P payments to customers of all Norwegian banks who use the Vipps mobile payments app.

Flux raises $1.5 million as Starling Bank opens fintech Marketplace

Flux raises $1.5 million as Starling Bank opens fintech Marketplace

12 September 2017  |  7243 views  |  0 comments | 8 tweets | 4 linkedin

Starling Bank has gone live with its Marketplace model, enabling customers to tap into third party services from fintech firms direct from the challenger bank's mobile app.

Belgian banks bid to banish passwords with itsme app

Belgian banks bid to banish passwords with itsme app

12 September 2017  |  10435 views  |  4 comments | 16 tweets | 29 linkedin

Belgium's major banks and mobile network operators have joined forces to create an app that lets people replace their various online usernames and passwords with a single code or fingerprint.

Santander invests in startup that helps underbanked buy smartphones

Santander invests in startup that helps underbanked buy smartphones

11 September 2017  |  7638 views  |  0 comments | 13 tweets | 7 linkedin

Santander InnoVentures has joined a $6 million funding round for PayJoy, a San Francisco-based startup working to help underbanked people buy smartphones.

Lloyds and Intuit ink bank feed deal

Lloyds and Intuit ink bank feed deal

11 September 2017  |  7466 views  |  0 comments | 6 tweets | 5 linkedin

Lloyds Bank has agreed to let Intuit QuickBooks customers in the UK automatically import transactions from their bank accounts.

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