26 June 2017
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Consumer uptake of fintech services surges - EY

Consumer uptake of fintech services surges - EY

3 hours ago  |  1690 views  |  1 comments | 8 tweets | 7 linkedin

Consumer uptake of innovative fintech products is set to be embraced by the mainstream as adoption levels surge among digitally-savvy consumers, according to a study by Ernst & Young.

European savings and co-operative banks join screen-scraping row

European savings and co-operative banks join screen-scraping row

4 hours ago  |  1829 views  |  0 comments | 5 tweets | 5 linkedin

Trade groups representing over 5000 European savings and co-operative banks have called on the European Banking Authority to reject Commission amendments to the revised Payment Services Directive which would require banks to provide a fall-back interface to screen-scraping technology for third party access to consumer bank data.

Poland's mBank to license tech platform to third party financial institutions

Poland's mBank to license tech platform to third party financial institutions

4 hours ago  |  1567 views  |  0 comments | 5 tweets | 6 linkedin

Poland's mBank is taking a leaf out of German banking peer Fidor's playbook, licensing its technology backbone to other financial institutions across Europe.

Ireland to provide launchpad for Starling flight into Europe

Ireland to provide launchpad for Starling flight into Europe

5 hours ago  |  1677 views  |  0 comments | 4 tweets | 4 linkedin

UK challenger Starling Bank is preparing to expand into Europe, launching its first euro-denominated current account in Ireland.

Mastercard eyes opportunities to profit from sharing economy

Mastercard eyes opportunities to profit from sharing economy

5 hours ago  |  2756 views  |  0 comments | 3 tweets | 4 linkedin

Seeking to profit from a booming sharing economy, Mastercard has identified trust, experience and regulation as vital to unlocking the potential of the new commerce models that are emerging.

4th EU AML Directive will make curbing crime easier, but cost banks millions

4th EU AML Directive will make curbing crime easier, but cost banks millions

14 hours ago  |  2988 views  |  0 comments | 6 tweets | 8 linkedin

As the 4th EU AML Directive comes into force today, a pair of studies suggests that while most UK FS industry financial crime professionals think the new rules will make it easier to prevent money laundering, they are likely to cost banks millions in inefficient KYC checks.

BBVA trains 1000 'ambassadors of design'

BBVA trains 1000 'ambassadors of design'

23 June 2017  |  5082 views  |  0 comments | 13 tweets | 10 linkedin

BBVA is promising to put design and user experience (UX) at the centre of its digital strategy by training up 1000 staff 'ambassadors' to spread good practice throughout the Spanish bank's operations.

ABN Amro tests wearable tech for contactless payments

ABN Amro tests wearable tech for contactless payments

23 June 2017  |  6974 views  |  0 comments | 7 tweets | 3 linkedin

ABN Amro is undertaking tests of wearable technology to make contactless payments, with the aim of rolling out its first card-free tap-and-pay product to customers by the end of the year.

Starling opens community site and previews product roadmap

Starling opens community site and previews product roadmap

23 June 2017  |  4699 views  |  0 comments | 5 tweets | 5 linkedin

App-only Starling Bank is giving customers a sneak peak at its product plans over the coming year, with support for Apple Pay and Android Pay, joint accounts, goal-based savings features and additional mobile-controlled card security options on the way.

In-app payment messaging startup PayKey raises $6 million

In-app payment messaging startup PayKey raises $6 million

23 June 2017  |  5427 views  |  0 comments | 10 tweets | 3 linkedin

Fresh from a stint at the Fintech Pavillion at this year's EBAday in Dublin, social payments startup PayKey reports that it has secured more than half of its second- round funding target of $10 million.

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