Friday, April 19, 2019
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Paym signs HSBC for business users

Paym is set to roll out its mobile payments service for Business Internet Banking subscribers of HSBC. Until now HSBC’s Paym service, which launched in the UK in April this year, has been limited to personal...

Changes to traditional banking ahead

As a strained economy spurs consumers to chase the best rates and banks to cut costs, internet-only banks stand to prosper while traditional branch traffic will stagnate, according to TowerGroup. Recent research from the advisory...

M-Com offers plug-and-play SaaS for m-banking

M-Com has launched a Software as a Service (SaaS) version of its m-banking and payment platform, BankAnywhere, which is deployed around the world. The new version is called BankAnywhere ASP Edition. "Having run application service...
Spanish banks launch mobile payments initiative Bizum

Spanish banks launch mobile payments initiative Bizum

27 Spanish banks have teamed up to launch a new mobile payment platform called Bizum which, according to Spanish press reports, is now live. Bizum, an digital initiative of the Spanish banks led by the...
biometric security

Using Biometrics to improve UX and secure transactions

Fingerprint biometrics has become one of the most widely used authentication modalities because of its long history, ease of use, performance, interoperability, ability to thwart imposters and low cost. To improve security, chips on cards...

China leads, US lags in m-banking

China is leading the world in the uptake of mobile finance, with 77% of consumers using their phones to conduct financial transactions, according to a global survey carried out by KPMG. The consultancy surveyed 5,627...
Sberbank to launch MVNO for mobile banking

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...

2014 mobile banking study findings

First Annapolis Consulting recently completed its 2014 Mobile Banking Study, which highlights the growing importance of mobile banking among the top 100 US regulated depositories. Key findings include: Nearly all financial intuitions covered in the...
Tandem acquires Harrods Bank

Digital start-up Tandem acquires Harrods Bank

Digital start-up bank Tandem has agreed to buy Harrods Bank, four months after seeing a £35 million funding deal collapse. Tandem, which says it is building a mobile-only bank, announced on Monday that it has signed a...

AIB launches P2P ‘Me2U’ app

ALLIED Irish Bank customers can now send money securely by smartphone to anyone with a mobile phone - P2P. The recipient does not have to bank with AIB but must have a euro personal visa...

Latest News

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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