30 April 2017
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RBS profit overshadowed by NatWest downtime

RBS profit overshadowed by NatWest downtime

28 April 2017  |  4108 views  |  4 comments | 5 tweets | 6 linkedin

On the day that Royal Bank of Scotland reported its first quarterly profit in 12 years, the sweet taste of success has turned bitter for customers of subsidiary NatWest who have seen transfers from accounts vanish and mobile apps and online banking go dark.

Monzo opens doors to community collaboration

Monzo opens doors to community collaboration

28 April 2017  |  3938 views  |  0 comments | 10 tweets | 4 linkedin

Digital challenger bank Monzo has earmarked a dedicated space in its East London headquarters building as a collaborative community room, to host events and test out new ideas with its growing membership base.

Bank branch visitors more satisfied than digital-only customers

Bank branch visitors more satisfied than digital-only customers

28 April 2017  |  5520 views  |  3 comments | 23 tweets | 19 linkedin

American customers who occasionally visit branches are more satisfied with their banks than those that only use mobile and online channels, according to a new JD Power study.

Industry veterans launch merchant payments marketplace Apexx

Industry veterans launch merchant payments marketplace Apexx

27 April 2017  |  5247 views  |  1 comments | 3 tweets | 6 linkedin

Apexx, a fintech startup founded by former staffers at Zapp, Evo Payments and Xcordia, is launching in London with the goal of creating a transparent marketplace where merchants can browse and plug in to competing services from a network of acquirers and payment brands.

ATMIA hits out at 'anti-cash' financial exclusion lobby

ATMIA hits out at 'anti-cash' financial exclusion lobby

27 April 2017  |  4073 views  |  1 comments | 10 tweets | 9 linkedin

The ATM Industry Association has accused the anti-cash lobby of peddling "fake news" in a desperate attempt to promote the use of non-cash tech and card-based alternatives to drive financial inclusion efforts.

Stock trading app Robinhood raises $110m at $1.3bn valuation

Stock trading app Robinhood raises $110m at $1.3bn valuation

26 April 2017  |  3693 views  |  1 comments | 4 tweets | 6 linkedin

Robinhood, the Silicon Valley startup behind a no-commission stock trading app, has raised $110 million in a Series C funding round that values the firm at $1.3 billion.

DBS and OCBC push QR codes for mobile payments

DBS and OCBC push QR codes for mobile payments

26 April 2017  |  3322 views  |  0 comments | 5 tweets | 8 linkedin

Singaporean banks DBS and OCBC are to introduce QR code-based payments at offline stores in a joint project with national payments processor Nets.

Cash in retreat, but not dead yet - ING

Cash in retreat, but not dead yet - ING

26 April 2017  |  4172 views  |  4 comments | 12 tweets | 18 linkedin

A cashless society is not only within reach, but is actively desired by a third of Europeans, according to research conducted by ING.

Samsung Galaxy S8 facial recognition software not ready for payments

Samsung Galaxy S8 facial recognition software not ready for payments

26 April 2017  |  4736 views  |  1 comments | 11 tweets | 10 linkedin

Contrary to earlier reports, the new Samsung Galaxy S8 will not let users authenticate payments through facial recognition because the technology is still several years away from being sufficiently secure.

Ex-UK minister taps fintech to back African smallholder farmers

Ex-UK minister taps fintech to back African smallholder farmers

25 April 2017  |  4320 views  |  0 comments | 6 tweets | 4 linkedin

Former UK government minister Mark Simmonds has teamed up with fintech veteran Hirander Misra on a venture that aims to help African smallholder farmers boost their earnings by connecting them with local commodity exchanges.

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