18 February 2018
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Latest retail banking news

Swiss watchdog tweaks digital onboarding rules

Swiss watchdog tweaks digital onboarding rules

16 February 2018  |  4033 views  |  0 comments | 13 tweets | 10 linkedin

Swiss financial markets regulator Finma has updated its rules for digital client onboarding to reflect advances in technology such as the ability to authenticate a user with a "selfie with liveness detection".

Coinbase and Visa at loggerheads over erroneous charges on customer crypto accounts

Coinbase and Visa at loggerheads over erroneous charges on customer crypto accounts

16 February 2018  |  5595 views  |  0 comments | 10 tweets | 8 linkedin

Digital currency exchange Coinbase has blamed bank and credit card company meddling for a recent spate of erroneous charges against customer accounts, an allegation rejected by Visa.

Tandem turns to the crowd for £4 million fund raise

Tandem turns to the crowd for £4 million fund raise

16 February 2018  |  3805 views  |  0 comments | 2 tweets | 1 linkedin

Digital banking startup Tandem is going back to the crowd in a bid to raise a further £4 million from the 2000 members of its Seedrs community.

London Mayor warns of Hard Brexit threat to London tech hub status

London Mayor warns of Hard Brexit threat to London tech hub status

16 February 2018  |  3753 views  |  0 comments | 10 tweets | 10 linkedin

London Mayor Sadiq Khan is repeating his call for the UK to remain a part of the EU Single Market and Customs Union as new data demonstrates the UK capital's continued appeal as a magnet for international tech talent.

KBC opens WhatsApp channel for customer questions

KBC opens WhatsApp channel for customer questions

16 February 2018  |  3804 views  |  0 comments | 3 tweets | 7 linkedin

Belgium's KBC Bank is offering customers the opportunity to chat with staff via a dedicated WhatsApp channel.

Natwest warns love-seeking Brits about the 'romance scam'

Natwest warns love-seeking Brits about the 'romance scam'

16 February 2018  |  4275 views  |  0 comments | 3 tweets | 1 linkedin

The romantic marketing suits at UK bank Natwest have chosen to mark Valentine's Day by carrying out a psychological experiment that demonstrates how easily crooks can extract valuable personal information by exploiting our amorous desires.

Santander InnoVentures joins $25m Roostify funding round

Santander InnoVentures joins $25m Roostify funding round

15 February 2018  |  4219 views  |  0 comments | 6 tweets | 2 linkedin

San Francisco-based digital lending platform provider Roostify has closed a $25 million Series B financing round joined by Santander InnoVentures, Cota Capital and Point72 Ventures.

BBVA-backed digital banking startup targets gig economy workers

BBVA-backed digital banking startup targets gig economy workers

15 February 2018  |  5436 views  |  0 comments | 7 tweets | 11 linkedin

Azlo, a BBVA-backed digital banking platform targeting the fast-growing army of freelancers and self-employed Americans who make up the gig economy, has opened its virtual doors.

ECB launches staunch defence of cash

ECB launches staunch defence of cash

15 February 2018  |  8175 views  |  10 comments | 21 tweets | 26 linkedin

European Central Bank executive board member Yves Mersch has given a spirited defence of cash, praising its ability to facilitate privacy, equality and security, insisting there is "no viable alternative" to the humble euro banknote.

Monzo eyes Ireland as first stop for international expansion

Monzo eyes Ireland as first stop for international expansion

14 February 2018  |  4210 views  |  0 comments | 7 tweets | 15 linkedin

Monzo is to take advantage of EU-wide passporting arrangements and follow fellow challenger Starling to launch its app-only current account in Ireland.

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