Pepper, Bank Leumi's mobile-only challenger bank, today launched a revolutionary new investment app, Pepper Invest. It enables customers to buy fractional shares in some 100 shares of top US companies (traded on the S&P 100 index), such as Facebook, Apple, Amazon, Coca-Cola, Ford, Starbucks, Goldman Sachs, Nike and Netflix, with a minimum investment amount of NIS 50. Read more »
equensWorldline, a subsidiary of Worldline [Euronext : WLN], the European leader in the payments and transactional services industry, introduces the first browser-based strong customer authentication* solution to the market and is now able to support banks in offering a frictionless universal strong customer authentication solution adapted to each user profile. With this development, banks now also have a strong customer authentication solution... more Read more »
Wirecard, the global innovation leader in digital financial technology, and Affin Bank Berhad (“AFFINBANK”) today announced an extension of their collaboration focused on revolutionizing internet banking for consumers in Malaysia. Through this partnership, over 300,000 AFFINBANK customers are already benefitting from an array of services such as e-commerce and mobile payment powered by Wirecard technology. By leveraging more of Wirecard’s... more Read more »
In a move to help millions of Americans have access to a fee-free safety net, mobile banking company Varo Money, Inc. announced today No Fee Overdraft, a feature where customers can overdraft their bank account balance up to $50 with no fee and no interest when they meet certain eligibility requirements.* Read more »
Atom bank, the UK’s first bank built exclusively for mobile and the UK’s most trusted bank on Trustpilot, has raised £50m in a fundraising round with participation from BBVA, Toscafund, Woodford Patient Capital Trust and funds advised by Perscitus LLP. The new capital will be used to fund further growth and to continue the bank’s investment in technology. Read more »
Today, N26 is launching its banking app in the US. Starting in a staged rollout, the 100,000 customers on the US waitlist will be invited to sign up and have full access to the product. A full public launch will follow later this summer. The launch in the US market marks the next step in the company’s mission to become a bank that millions of customers around the world love to use. Read more »
Entersekt today released further results from its recent online survey conducted by The Harris Poll among over 1,300 US adults who use banking apps once a month or more often (regular banking app users). The mobile-first fintech provider commissioned the independent market research firm to better understand US consumer attitudes towards mobile app-based banking and payments. Read more »
Appetite for digital banking among UK consumers has grown emphatically in the past year, according to the latest research from global financial services technology leader FIS™ (NYSE: FIS). Read more »
NYMBUS, the world’s most advanced revenue and technology solutions company, today announced the successful business transformation of core, Internet banking, mobile banking and payment solutions for Inspire Federal Credit Union. Understanding that innovation must happen immediately to compete and survive, the Credit Union selected NYMBUS for its modern technology, open architecture and cultural fit. Read more »
Today, TransferTo, a cross-border mobile top-ups and payment solutions network provider has announced a full rebrand, effective immediately, with two separate company brands, logos and identities. TransferTo’s mobile top-up and rewards business, founded in 2005, has now changed its name to DT One and remains a leading global network for mobile top-up solutions and innovative mobile rewards. Read more »
As part of their latest project, MTN, the top African telecoms operator is preparing to apply for a mobile banking license in Nigeria. This is the latest push by the Nigerian central bank to increase access to basic financial services.[1] Read more »
To mark the beginning of the school year, Sberbank is launching a mobile application called SberKids, which will be available from the AppStore and Google Play from 1 September. The app will teach children to manage their pocket money and help parents monitor their children’s spending. Using SberKids, parents can: Create a virtual prepaid card for their child. Instantly transfer pocket money to the card. See what the child is spending money on... more Read more »
Tinkoff Bank has launched a joint initiative with Sberbank to allow their customers to make P2P money transfers using a mobile number, as part of the bank’s drive to expand the payment options available to its customers. The service will be rolled out from today in the bank’s mobile apps and the personal online accounts of Moscow-based customers, and will be available to all customers across Russia by the end of July. Read more »
The groundbreaking Ecobank Mobile App, a single, unified financial services application across 33 African countries, has processed 9 million transactions worth over $1 billion since launch less than 18 months ago. Read more »
For the fourth time, Backbase has received the Finovate ‘Best of Show’ award. Previously Backbase won ‘Best of Show’ at Finovate Europe in 2017, 2016, and 2014. Backbase, the omni-channel banking solution provider, launched their latest Smart Banking innovations at Finovate Europe 2018, the leading fintech innovation conference in Europe. Read more »
