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Retail banks must change to face realities of digital world

Retail banks are facing the toughest of trading conditions, claims a new report from Oracle which says that three quarters lack suitable technology to...

Denmark proposes cashless country

The Danish government, as part of a pre-election package of economic measures put forward by the government, has proposed getting rid of the obligation...

Deutsche Bank ramps up digital bank capabilities

Deutsche bank has announced plans to shutter 200 branches and invest an additional €1 billion over the next three-to-five years to create "a more...

Only one in eight Brits will switch to digital-only bank

Digital-only banks will struggle with UK banking customers when they launch this year, with only one in eight (13%) consumers claiming that they plan to switch...

£12.8 billion a week set to be sent through digital banking...

The number of mobile banking users is set to almost double from 17.8 million to 32.6 million by 2020, whilst the number of UK...

Europeans rapidly adopting mobile payments

The number of Europeans who will use a mobile payment application in 2015 will rise 51% year over year for a total of about...

Royal Bank of Canada launches Mobile Wallet

Royal Bank of Canada, which over a year ago built its own mobile wallet technology (with partners) that it's adapted to work with Apple...

US mobile banking and mobile financial services

According to research from the Federal Reserve Board, nearly 40% of banked Americans now use their mobile phone to access their accounts. A survey...

Differing forecasts for mobile wallet

Research and opinion on mobile payment trends contain conflicting predictions and conclusions, partly as a result of banks commissioning fewer market studies, leaving researchers...

ANZ bank integrate HCE wallet

ANZ has announced it will release an HCE mobile wallet application later this year as an upgrade to its popular goMoney app in New Zealand. Available to...

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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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