Wednesday, August 5, 2020
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Banks still top for consumer trust

Consumers trust banks far more than they do companies like Google, Apple and Amazon to protect their card details and personal financial information, according to research by Bizrate Insights. Bizrate Insights, a division of Connexity...

First Internet Bank uses Eyeprint ID biometrics for app

Users of the First Internet Bank (FIB) mobile banking app can now login using Eyeprint ID verification technology, allowing customers to access their bank account with a smartphone camera and an ‘‘eyeprint’’ instead of a...

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...

NCR takes stake in video banking firm uGenius

ATM manufacturer NCR has taken a minority equity stake in Utah-based video banking outfit uGenius. Terms of the investment were not disclosed. The investment follows a collaboration between the two firms in 2011 to develop...

Commercialbank of Qatar goes mobile

Sybase 365 has announced its partnership with Commercialbank of Qatar, the largest private sector bank in Qatar, for the launch of a comprehensive mobile banking and mobile payments service for its retail customers. "CommercialBank Mobile...

Sharp shift to mobile banking means malware prevention needs to become a key consideration

As retail banks restructure to align with the uptake in mobile banking, the issue of mobile application security and malware attack prevention now needs to be brought to the fore to protect consumers. According to...

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...

Vietnam’s first aggregated m-banking service

Tagit, a Singapore-based mobile banking solutions company, announced the launch of the first aggregated mobile banking service by leading Vietnamese payment switch operator, Smartlink. Over 40 million domestic bankcard holders and 120 million mobile users...

Survey shows high demand for corporate m-banking

Fundtech and Aite Group have released "The Business Case for Offering Corporate Mobile Banking Services," based on the findings of a global survey of treasury executives - indicating 65% of treasurers are interested in...

Fiserv acquires M-Com

Fiserv has acquired mobile banking and payments firm M-Com for an undisclosed sum. M-Com, founded in 2000, is based in Atlanta, with an office in New Zealand. The privately-held business claims more than 200 financial...

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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