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Tencent unveils China’s first online-only bank

05 Jan 15 @ 16:23

Chinese internet company Tencent has launched China’s first online-only private bank. WeBank, named after Tencent’s popular WeChat messaging service, is now operational after the Chinese financial service regulator granted Tencent... read more

Moven pushes financial fitness app to smartwatches

05 Jan 15 @ 16:19

Online banking player Moven is launching its budgeting app on the Motorola 360 and Samsung Gear smartwatches, as it looks to capitalise on the New Year fitness resolutions of customers.... read more

FIME to perform NFC Forum analogue certification testing

05 Jan 15 @ 16:15

Test tool specialist FIME has announced that its laboratories in Asia, EMEA and Korea have been qualified to perform official NFC Forum analogue certification testing. These FIME laboratories are now... read more

Apple Pay continues company sign up success

29 Dec 14 @ 13:38

According to the New York Times, the list of companies working with Apple Pay continues to grow. On Tuesday, Apple announced that in recent weeks the company had signed up... read more

Mobile will become the channel of ‘enhancement’

26 Dec 14 @ 09:20

Will mobile replace wallets and PCs in 2015? No, it won’t. Eventually? Probably, but it won’t be “soon”. Even as 2015 is poised to be the year of mobile, mobile... read more

New Apple-IBM enterprise apps

25 Dec 14 @ 09:00

Apple and IBM delivered their first set of business-centric applications for iPhone and iPad users, following their landmark deal to work together in the enterprise computing space earlier this year.... read more

Alaric to modernize payment fraud detection

25 Dec 14 @ 08:47

NCR Corporation has announced that Alaric, an NCR business, has released the latest version of its Fractals intelligent payment fraud detection solution. The latest version of Fractals, which is already being... read more

UK cheque usage declines again

24 Dec 14 @ 09:00

The paper cheque remains a popular staple for UK consumers and businesses, according to new figures from the Cheque and Credit Clearing Company. Although the number of cheques written last... read more

Mobile banking channel dominates retail banking

23 Dec 14 @ 10:50

In its fifth annual report on customer loyalty in retail banking, “Going Digical: Customers Love the Smart Fusion of Digital and Physical Assets”, Bain & Company, has found that for the... read more

Could bitcoin be the Napster of finance?

23 Dec 14 @ 09:46

Bitcoin’s ongoing evolution draws comparisons to how Napster, while unsuccessful as an organization, upended an entire music industry and propelled it into the digital age. Bitcoin truly is the Napster... read more

People’s Bank of Kazakhstan to launch UnionPay chip card issuing and acquiring

22 Dec 14 @ 16:44

People’s Bank of Kazakhstan (Halyk Bank), the largest bank in Kazakhstan and Central Asia, together with OpenWay, have launched issuing and acquiring of UnionPay UICC chip cards. This is the... read more

5 fraud predictions for 2015: Technology will shape the fight

22 Dec 14 @ 16:31

Technology will give fraudsters an edge in 2015, but it will also provide new tools for organisations and investigators, according to experts from the Association of Certified Fraud Examiners (ACFE)... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more