Mobile Banking

Showing Latest Mobile Banking

Australian banks to kill PINs by pushing towards biometric authentication

04 Sep 17 @ 11:10

Consumers will soon be able to forget about PINs and frustratingly long 16-digit card numbers when shopping online and in the real world, as Visa moves to make Australian banks... read more

Remote KYC: A competitive advantage for mobile only banking

31 Aug 17 @ 14:01

The required procedures for Know Your Customer (KYC) have finally broken free of branch-based face-to-face meetings, and now enable banks to use videoconferencing and biometrics to verify a customer’s identity... read more

Mastercard piloting turning smartphones into payment terminals

31 Aug 17 @ 13:48

Mastercard unveiled a pilot project in Poland, turning smartphones into payment terminals for accepting contactless payments. The solution is aimed at small and micro merchants that have traditionally taken cash payments,... read more

The drive to digital and its impact on financial inclusion

31 Aug 17 @ 11:51

A couple of hikers see a farmer leaning on his gate and stop to ask for directions. “We’re looking to get to X,” they say. “Well, I wouldn’t start from... read more

Mobile users can no longer afford to overlook cyber security

23 Aug 17 @ 14:14

In today’s digitally-driven society, being able to access your money when you want, from any device, is no longer a luxury but a necessity. In fact, being able to quickly... read more

New Android malware Fakedtoken can steal card details from apps

22 Aug 17 @ 15:27

A new piece of Android malware, dubbed Fakedtoken is able to quietly steal victims’ details when they enter them into apps, as well as spy on their texts and phone calls,... read more

Open financial services – An open invitation to financial inclusion

21 Aug 17 @ 13:42

‘Open’ is a short word with a long list of meanings. These range from being free to all to join, ready for business or prepared to entertain new ideas. The... read more

Chinese regulator mandates mobile payments clearing house

15 Aug 17 @ 13:42

China’s central bank and regulator has mandated online and mobile payment groups to operate through a centralised clearing house, a move likely to undercut the dominance of Ant Financial and... read more

Indian digital transaction volumes hits 860 million per month

15 Aug 17 @ 13:31

Digital transaction volumes in India hit a new record in July growing almost 2% from the previous month to 859.2 million, according to data released by the Reserve Bank of... read more

Digital start-up Tandem acquires Harrods Bank

07 Aug 17 @ 15:03

Digital start-up bank Tandem has agreed to buy Harrods Bank, four months after seeing a £35 million funding deal collapse. Tandem, which says it is building a mobile-only bank, announced on Monday... read more

Mobile banking and its use as a payments channel

04 Aug 17 @ 10:59

58% of US smartphone users have downloaded a mobile banking app for their primary checking account, and 50% of US smartphone users (including 68% of those under 35 and 31%... read more

Financial inclusion – Addressing the unbanked in developing countries

02 Aug 17 @ 15:51

Around two billion people worldwide do not use formal financial services and around half the adults in the poorest households are unbanked, according to the World Bank. When financial inclusion... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more