Saturday, September 19, 2020
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challenger bank

House of Fraser invest £35 million in challenger bank Tandem

House of Fraser is reported to be investing £35 million into the app-only challenger bank Tandem to offer financial services. The investment is reported be part of a tie-up between the startup and House of Fraser,...
Open access, Open banking and Open APIs

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...

NatWest suspends Get Cash app

In an embarrassing about turn after a nationwide advertising campaign, NatWest bank has suspended a mobile phone application which lets customers withdraw cash without a debit card. Radio 4's Money Box programme revealed that some...

Communication Federal Credit Union deploys mobile wallet services to its members

Communication Federal Credit Union (CFCU), serving more than 55,000 members across Oklahoma and Kansas, announced the availability of Tyfone mobile financial services to its members. CFCU partnered with Tyfone to bring mobile financial services...

Yaap P2P payments via mobile ‘Money’ app

Yaap, the joint-venture between CaixaBank, Banco Santander and Telefónica, has releases Yaap money - a mobile app that facilitates the secure transfer of P2P payments instantaneously between users’ mobile phones. In order to send and receive...

Generation Z ready for biometric security

16 to 24 year old consumers in the UK have the greatest appetite for biometric security measures and the greatest need to use them in place of traditional authentication such as passwords. Research from...
Smartphone users who secure their device

Cyber security: smartphone owners don’t secure their devices

Cyber security, in particular mobile data security is a big issue. Recent Wikileaks claims of the C.I.A. hacking smartphones have once again brought the issue of mobile security to the forefront. In a time when smartphones are...

M-banking hits mainstream

Despite the general downturn in the banking industry, new research from TowerGroup finds that 2009 will be a pivotal year for mobile banking as it turns from a niche channel to a mainstream channel...
The EBA is wrong about screen scraping

Fight over EBA’s recommendation on Screen Scraping hots up as banks up the ante

Just days after a coalition of 56 FinTech vendors lobbied the European Banking Authority in a strongly worded petition regarding the practice of Screen Scraping, The European Banking Federation (EBF) is asking the European Commission (EC) for...

Mobile banking transactions in UK double

Brits have now downloaded more than 12.4 million mobile banking apps while the number of transactions made using them has nearly doubled in a year, hitting 18.6 million a week in 2013 - figures...

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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