UK’s Open Banking initiative goes live after managed roll out
The Open Banking initiative in the UK has finished a three-month managed roll out programme, leaving regulated companies free to start offering Open Banking related services.
Since mid-January, the Open Banking Implementation Entity has carried...
China Construction Bank opens a branch only managed by robots
China Construction Bank (CCB), the China’s second largest lender by assets, has opened an unstaffed, self-service bank branch in Shanghai this week, run by pure technology including facial recognition (FR), artificial intelligent (AI) and virtual reality...
$1 billion in transactions processed on Ecobank Mobile App in Africa
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 its launch less than 18 months ago.
With over 4 million...
UK bank accounts: true digital capabilities in customer on-boarding
There are a number of challenger banks in the UK looking to shake up the traditional status quo, dominated by the incumbents who have a wide range of accounts and financial services available across...
Consumers at risk of financial loss as mobile banking Trojans threaten worldwide
Consumers around the world that use mobile banking apps are at a greater risk of being tricked by cybercriminals and falling victim to mobile banking Trojans. This is according to new global research from...
BPCE launch Twitter-based P2P payments
Banque Populaire Caisse d'Epargne (BPCE) has partnered with Twitter to let customers tweet money to each other via a P2P payments service.
From October 2014, everyone with a bank card and a Twitter account in
France will...
Sberbank to launch MVNO for mobile banking
Sberbank, the Russian bank, has founded a new subsidiary - SB-Telecom - which will act as an MVNO, reports Vedomosti.
The new company will provide telecommunications services for companies within
the Sberbank group, as well as for customers...
€25,000 for your old Nokia 1100
During an ongoing investigation in to Cross Border ID Theft gangs that are specialized in card and on-line banking fraud. Ultrascan-kpo.com found an increasing demand for old Nokia's 1100 mobile phone.
Nokia's cheap 1100 handset...
Wells Fargo joins Isis mobile wallet
Wells Fargo is to allow customers to load their credit cards on to the telco-backed Isis
mobile wallet in the first phase of a pilot test of the technology, which enables consumers to use their...
A step towards financial inclusion with mobile banking using new ISO standards
Mobile banking not only makes our life easier, it gives access to banking services to those that have none. A new series of standards just published will provide the platform for this technology to...