Berlin-based online SME lending platform Spotcap is diversifying its business model, offering its technology to other companies, beginning with Austrian banking group Bawag.
Commonwealth Bank of Australia has added an AI-powered chatbot to its apps that can help customers with more than 200 banking task.
Westpac has launched an in-app shortcut for transferring funds to friends via iMessage. The move comes six months after Apple demanded that Westpac disable a feature from Israeli startup PayKey that added optional banking icons to the bottom of the screen during text conversations.
Norway's Sbanken has opened a developer portal through which customers can use a host of open APIs to build their own digital banking platforms, with the best efforts winning cash prizes.
More than half of global banks expect to see their technology investment budgets rise by over 10% this year as they beef up cybersecurity and push for digital maturity, according to a survey from EY.
Westpac and NAB have joined the voice commerce goldrush, enabling customers to connect their Internet baking accounts to Amazon's Alexa, which has finally gotten its first outing in Australia.
UK fintech startup Nuvo has launched an artificial intelligence-powered Facebook chatbot that helps people find the best deals on mortgages.
The former chief executive of FNB Michael Jordaan, and one-time FNB colleague Yatin Narsai are to launch an app-only bank in South Africa in the fourth quarter of 2018.
Metro Bank, which has been blazing something of a retro trail with an emphasis on branch banking as a means to challenge UK incumbents, is now taking a leaf from the playbooks of app-only banking startups with the launch of an online instant account opening service.
Having racked up nearly two million users in Austria and the Czech Republic, Erste Group is rolling out its PSD2-ready digital banking platform, George, in Slovakia.
© Finextra Research 2018