MuchBetter, the award winning payments company, today announced its integration with Mastercard’s Pay By Bank, one of the first ewallets to do so. Pay by Bank app is a new online checkout option from Mastercard that lets users pay for goods and services in real-time using the banking app on their phone – across online and in-store purchases. It allows MuchBetter users to top up their account in real-time from their bank account without entering payment details or passwords.
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NatWest is partnering with Moneypenny, the world’s largest and highest rated outsourced communications provider, to bring the 900 entrepreneurs it supports through its Accelerators exclusive access to tools and advice that will help them to grow and develop their businesses.
Sberbank has launched a new service called “Collect Money and Split Bill” in the Dialogues section with Sberbank Online mobile app.
Danske Bank A/S has appointed Frans Woelders as Group COO and member of the Executive Leadership Team with overall responsibility for Group Services and Group IT.
Frans Woelders joins from the position of Chief Digital Officer for Personal Banking of Royal Bank of Scotland. Prior to that, he has experience from positions with ABN AMRO Bank, including as CEO of Retail Banking and as Group Chief Information Officer.
Financial IT speaks with Paul Love Twelves, VP Consulting of Konsentus at Open Banking Expo 2019. During the interview, Paul Love Twelves highlights the importance of satisfying the demand for a simple and cost-effective solution to the problem of identifying and checking such TPPs in real-time. Furthermore, Paul Love Twelves mentioned the perspective of the customer using Moneyou as an example.
Westpac has hired IBM subsidiary Promontory to undertake an independent review into the failings that led to the bank breaching AML/CTF laws on over 23 million occasions.
Bó, NatWest's new app-based bank has been actively targeted by fraudsters within weeks of its public launch.
The Times reports that around 30% of applications since the product went live two weeks ago have been fraudulent.
VoxSmart, the global leader in mobile surveillance technology, has announced its acquisition of the Fonetic Trading business to deliver a comprehensive communications surveillance offering for Capital Markets participants.