Mobile Banking

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Chase Pay mobile wallet app to shut down…another one bites the dust!

22 Aug 19 @ 08:31

JP Morgan Chase has announced it will follow suit of many other notable others and shut down its mobile wallet app Chase Pay in the bank’s third reversal on digital... read more

FinTech mega-deals lead to record-breaking $120 billion transaction value in H1 2019

20 Aug 19 @ 11:44

Three FinTech mega-deals totalling $87 billion set the scene for a record-breaking $120 billion in disclosed transaction value for the sector in a ‘white-hot’ first half of 2019, reveals the... read more

Mobile: The centre of the fraud prevention universe

16 Aug 19 @ 09:55

The bad guys are winning. This is the sentiment of many financial institution (FI) and merchant fraud mitigation executives, who are finding it increasingly difficult to keep pace with the... read more

Global FinTech investments falls sharply – Trade war and poor economic outlook to blame

15 Aug 19 @ 13:09

According to a new report, global investments in FinTech has  fallen by 29% in H1 2019 as deal activity in China in particular fell sharply amid an escalating trade war... read more

Real time payments market size worth $39.02 billion by 2025

05 Aug 19 @ 14:05

The global Real-Time Payments (RTP) market size was valued at 6.90 billion in 2018 and is projected to expand at a CAGR of 29.3% from 2019 to 2025. RTPs are... read more

Digital banking only? Younger consumers demand bricks and mortar services

29 Jul 19 @ 10:21

The rush to digital banking and to close high street bank branches may be premature, according to the latest Somo White Paper – Are digital only brands the future of... read more

New variants of Russian mobile Banking Trojan Riltok go international

10 Jul 19 @ 10:44

Kaspersky researchers have discovered that the money-stealing mobile malware, Riltok has launched new variants and is extending its targeting from Russia to the rest of the world, starting with Europe,... read more

How is AI changing the banking industry?

27 Jun 19 @ 08:51

Both challenger and traditional banks are growing their focus on helping consumers save money. As customers increasingly look to save money for a rainy day and become more fiscally responsible,... read more

Only half of global banks are making significant advancements in digital transformation

21 Jun 19 @ 10:08

The $1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth,... read more

World’s first e-money license for blockchain issued

18 Jun 19 @ 09:31

Monerium has received a license from the Financial Supervisory Authority of Iceland to issue e-money on blockchains through its subsidiary, Monerium EMI. The full license is the world’s first e-money... read more

APAC mobile wallet market to hit $140 billion by 2024

14 Jun 19 @ 15:33

The Asia Pacific mobile wallet market is set to grow from its current market value of more than $35 billion to over $140 billion by 2024. The increasing penetration of... read more

Money 2020: World FinTech Report 2019

04 Jun 19 @ 16:54

The World FinTech Report 2019, published by Capgemini Efma, indicates that even though Open Banking has yet to reach maturity, the financial services industry is entering a new phase of... 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