Mobile Banking

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South Korea launches Open Banking service

01 Nov 19 @ 09:56

South Korea says it has commenced preliminary services for its new Open Banking system, under which a bank customer may use virtually all banking services of any other bank in... read more

Summary: The World Retail Banking Report 2019

31 Oct 19 @ 10:20

Within today’s connected, digital environment, bank executives realise that customer satisfaction standards must stack up not only to those of other firms providing financial services, but also with non-industry businesses... read more

Ubers deep push into financial services with Uber Money

29 Oct 19 @ 12:33

Uber is making a strong push into financial services. The company has announced the formation of a new division called Uber Money, which will include a digital wallet and upgraded... read more

Would a subscription-based banking model fend off challenger banks?

29 Oct 19 @ 11:25

It is forecasted that mobile banking is set to be more popular than visiting a high street bank branch within two years. And as the banking industry continues its digital... read more

Know your audience: why age matters in banking

28 Oct 19 @ 13:49

The banking industry is saturated with buzz words and all banks need to be seen to be advocates of these words, whether it’s Open Banking and PSD2, or agile work... read more

American Express launch Open Banking product enabling consumers to pay by bank transfer

30 Sep 19 @ 17:51

American Express says it will launch an Open Banking based product that will enable UK consumers to pay for goods and services online directly from their bank account. Pay with... read more

Regulation killing Challenger Banks and FinTech disruptors in UK

30 Sep 19 @ 15:32

Challenger banks such as Metro Bank, and even larger foreign banks such as Santander, as well as branchless FinTechs such as Monzo, were supposed to break the dominance of the... read more

Digital transformation presents banks with trillion dollar profit opportunity

26 Sep 19 @ 11:24

Temenos has announced the first set of results from the Temenos Value Benchmark, a strategic, survey-based program providing in-depth analysis of how software capabilities impact a bank’s profitability. Key findings... read more

The World Payments Report 2019

18 Sep 19 @ 09:33

According to the World Payments Report 2019, which tracks and analyses non-cash transaction volume, regulatory and industry initiatives, and digital transformation across the global payments market, global non-cash transactions are... read more

Report: Banks risk losing $280 billion in payments revenue by 2025

17 Sep 19 @ 09:03

As much as 15% of banks’ global payments revenue, or $280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become more... read more

Financial threats in H1 2019: Mobile financial attacks rise by 107%

09 Sep 19 @ 14:58

According to a recent report by Kaspersky, the number of mobile financial attacks it detected in the first half of the year rose by 107%, rising to 3,730,378. Analysts at the company... read more

Independent mobile payment systems in Europe form European Mobile Payment Systems Association (EMPSA)

03 Sep 19 @ 11:10

Seven independent mobile payment systems in Europe have come together to form the European Mobile Payment Systems Association (EMPSA). The EMPSA will hold its headquarters in Zurich, Switzerland, the association... 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