Online Banking

More than 90% of UK consumers claim technology offering impacts their choice of bank, fintech finds

 Research conducted by new entrant to the UK fintech market, Modularbank, in partnership with market research specialists, OnePoll, has found that over 90% of UK consumers claim that a strong technology offering is important to them when choosing who to bank with. In fact, based on a survey of 2,000 UK consumers, this factor was cited more than any other as being an important factor in making this decision – more so even than interest rates,... more Read more »

ICICI Bank launches banking services on WhatsApp

ICICI Bank today announced the launch of banking services on WhatsApp to enable its retail customers to undertake a slew of banking requirements from their home at a time when they are advised to stay indoors in the wake of the nationwide lockdown to fight against corona virus. Read more »

Sony Bank Launches New Service “English online banking”

Sony Bank Incorporated today announced the launch of a new English-language online banking service, aiming to provide foreign residents in Japan a seamless, hassle-free way to open a bank account and conduct everyday banking in English. Read more »

equensWorldline launches first ever browser-based strong customer authentication solution, covering all user devices

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 and Malaysia’s Affin Bank Berhad expand partnership

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 »

Trustly to provide Alibaba.com’s European customers with online banking payments via Ingenico

Trustly, the online banking payments company, announces today a partnership with Alibaba.com, a business-to-business (B2B) e-commerce platform that serves more than 10 million buyers in over 190 countries and regions. Trustly’s payment solution is enabled for Alibaba.com through Trustly’s partner, Ingenico, the leading global payment service provider, and will provide an additional payment method for Alibaba.com’s European buyers. During its... more Read more »

Trustly appoints Louise Nylén as new CMO

Trustly, the leading online banking payments company, announces today the appointment of Louise Nylén as Chief Marketing Officer (CMO). The CMO position is a newly established role which entails overall responsibility for Trustly’s marketing and brand-related activities. Louise Nylén will report to the CEO, be part of the management team and play an important role in driving Trustly’s growth towards becoming the next-generation global payments... more Read more »

Pacific National Bank Opts NYMBUS to Rapidly Launch New Digital-Only Bank

NYMBUS®, the world’s most advanced revenue and technology solutions company, today announced Pacific National Bank (PNB) has selected NYMBUS SmartLaunch to outsource the technology infrastructure and full operations of its new digital-only bank. PNB’s digital bank will offer a smooth, effortless online and mobile banking experience to a targeted audience of young professionals throughout the state of Florida with additional metropolitan areas to... more Read more »

Tandem Bank Partners with Token to Leverage Opportunities in Open Banking

Turnkey open banking platform provider, Token.io Limited, today announces that its technology is enabling digital challenger bank Tandem to achieve PSD2 compliance and leverage open banking opportunities. Tandem is a digital-only bank that provides a money management app, credit cards and fixed-rate savings accounts to more than 500,000 consumers across the UK. It is integrating Token’s full suite of open banking solutions into its core platform... more Read more »

ebankIT to showcase its innovative digital banking solution at Finovate Europe

Portuguese fintech ebankIT will be live on the main stage at Finovate Europe, one of the world’s most prestigious events dedicated to financial technology, to showcase in less than 7 minutes and without using videos or slides, how banks and credit unions can significantly accelerate their omnichannel digital transformation process. Before a crowd of over 500 representatives of the world’s most renowned financial institutions, ebankIT’s challenge... more Read more »

Making Gains? Klarna’s Pay later service now available to Gymshark customers in the UK & Nordics

 Gymshark and Klarna have today announced the launch of Klarna’s Pay later service in the UK, Sweden, Norway, Finland and Denmark. Enabling Gymshark’s loyal community of shoppers to order the latest fitness apparel and pay after delivery. Read more »

OMNIO POWERS UNISYS TO SUPERCHARGE MONMOUTHSHIRE BUILDING SOCIETY’S DIGITAL BANKING

Omnio Group, a banking and fintech provider formed by the merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, has partnered with Unisys Corporation (NYSE: UIS) to support the organisation in providing cloud based digital current account services to Monmouthshire Building Society (MBS). Read more »

UOB’s Digital Bank advances customer-centric data solutions with Meniga

United Overseas Bank (UOB) today announced that its advanced data enrichment and categorisation capability will help UOB Digital Bank customers keep track in real time of their savings and expenses more easily and clearly. Meniga, a global leader in digital banking solutions, will be the engine running this capability for the Bank. Read more »

Q2 to Acquire Cloud Lending Solutions

Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, experience-driven digital banking solutions for community-focused financial institutions, has announced an agreement to acquire San Mateo, California-based Cloud Lending, Inc., a privately-held SaaS company that provides an integrated end-to-end lending and leasing platform. Through their platform, Cloud Lending helps lenders close more loans, generate more revenue and provide a better... more Read more »

Tinkoff and Sberbank Announce P2P Money Transfers Using Just a Mobile Number

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 »

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