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Banks strike back in face of FinTech onslaught for mobile financial services

17 Oct 16 @ 16:28

For a long time alarm bells have been ringing for banks in digital and mobile financial services: the rise of the fintech industry, the scale of global VC investment; the... read more

Apple Pay arguments against Oz banks ‘superficial and unconvincing’

17 Oct 16 @ 14:19

Australia’s banks have argued in their joint response against Apple Pay to the Australian Competition and Consumer Commission (ACCC) that Apple’s arguments against collective negotiation on accessing Apple Pay due... read more

Nordea sacks Nets and teams with Danske on mobile payment app

14 Oct 16 @ 17:24

Newly IPO’d Nets shares took a bashing as Nordea Bank dropped the electronic payment system it was developing with Danish banks and instead teamed up with its main rival in... read more

Financial fraud in H1 2016 increased to £399.5 million

14 Oct 16 @ 16:51

Financial fraud in H1 2016 increased by a quarter to £399.5 million, enabled by scams and online attacks, new figures published by Financial Fraud Action UK (FFA UK) show. Banks’... read more

Empowering the omni-channel through choice in the payments market

14 Oct 16 @ 16:33

A new White Paper reveals the rapid acceleration of mobile connectivity is dramatically changing consumer behaviors and engagement patterns in the payments market. Today, just six years after the first... read more

AI bots to drive mobile remote purchases to $2.1 trillion

13 Oct 16 @ 16:25

New findings claim that merchant integration of technologies such as AI bots and natural language interfaces will lead to remote goods purchases by mobile totalling $2.1 trillion by 2021. This... read more

Mobile banking apps: Data from the UK market

13 Oct 16 @ 14:48

A new report investigates how often UK consumers digitally interact with mobile banking apps relative to more traditional channels like online banking, ATM, bank branch and telephone banking. For the... read more

The evolution of digital wallets and mobile payments

13 Oct 16 @ 14:44

Aite Group, has released a whitepaper tracing the growth and uptake of digital wallet services across mobile and e-commerce sector. The whitepaper encapsulates the contribution of digital wallets in growth... read more

Mobile payments soar as Europeans embrace new ways to pay

12 Oct 16 @ 17:09

According to Visa’s 2016 Digital Payments Study, the number of consumers regularly using a mobile device – smartphone, tablet or wearable – to make mobile payments has tripled in the... read more

Carbanak look a like Trojan Odinaff targets SWIFT banks

12 Oct 16 @ 16:24

A new Trojan dubbed Odinaff has been reported attacking banks and other financial targets worldwide. Odinaff attacks include the manipulation of embattled SWIFT logs and the extensive use of hack... read more

SolarisBank to work with MasterCard developing banking API’s

12 Oct 16 @ 16:09

SolarisBank has entered a strategic agreement with MasterCard to use the card scheme’s global infrastructure to develop new banking API’s and payments modules for digital startups as a banking-as-a-service platform.... read more

Digital disruption and financial inclusion: Is banking facing an ‘Uber’ moment?

11 Oct 16 @ 12:24

Financial intermediation and payment systems have always been the preserve of the banking sector, but advancement in technology or digital disruption is giving a lot of palpitations to bankers. Anthony... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more