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Consumer banking experience of the future

29 Oct 15 @ 09:42

Diebold is introducing two new banking concepts that harness emerging technology to create a vision of what the  might look like. Derived from the Responsive Banking Concept unveiled last year,... read more

Deutsche Bank to change troublesome IT system

29 Oct 15 @ 09:00

As well as cutting tens of thousands of jobs, shrinking the bonus pool and shedding billions of dollars of unwanted assets, John Cryan promised to rip out and replace much of... read more

Apple Pay ties up with Amex to bypass unwilling banks

28 Oct 15 @ 12:51

Apple Pay has cunningly formulated a clever tie up with American Express to bypass banks unwilling to give up their card fees by launching Apple Pay with American Express in... read more

UK online card payments jump by a fifth in a year

28 Oct 15 @ 12:34

The number of online card payments made on the internet has increased by 20% in the past year with consumers spending £11.5 billion online in August, according to the latest figures... read more

Fintech companies hold key to $2 trillion SME funding gap

28 Oct 15 @ 11:06

Fintech companies are leading the way in disruptive innovation in financial services, helping to bridge a $2 trillion funding gap for millions of small and medium-sized enterprises (SMEs) seeking credit... read more

JPMorgan Chase to launch Chase Pay, an Apple Pay rival

27 Oct 15 @ 15:31

JPMorgan Chase says it will soon launch a competitor to Apple Pay, Chase Pay, that will allow consumers to pay retailers using their smartphones in stores, and it has already won the... read more

Agiliti sign first contract

27 Oct 15 @ 13:58

Fiserv says that Agiliti from Fiserv continues to gain momentum, signing its first client, Think Money, set to go live in early 2016. The hosted, software-as-a-service (SaaS) retail bank technology solution, modular... read more

UK alternative finance market for business to exceed £10 billion by 2020

27 Oct 15 @ 13:51

Small and medium-sized businesses in the UK are likely to benefit from the substantial projected growth of alternate sources of funding, such as peer-to-business (P2B) lending and crowd-funding over the... read more

Merchant fraud-to-sales losses up on 2014

27 Oct 15 @ 13:47

Merchants are experiencing an increase in fraud, losing 1.32% of revenue to fraud on average compared to 0.68% in 2014, according to the annual LexisNexis True Cost of Fraud Study.... read more

Banking Circle: low cost cross border transfers

27 Oct 15 @ 09:48

Saxo Payments has launched Banking Circle, for its international payments community. Banking Circle  is a marketplace that disrupts traditional international B2B banking, delivering significant advantages for FinTechs and their merchants as well asd providing... read more

US national real-time payment system

26 Oct 15 @ 16:44

The Clearing House (TCH) has entered into a letter of intent with VocaLink, the UK-based international payment systems provider, to help build and deliver core elements of TCH’s new real-time... read more

W3C starts web payments standards work to streamline online Check-out process

26 Oct 15 @ 15:45

The World Wide Web Consortium (W3C) has launched the Web Payments Working Group to help streamline the online “check-out” process and make payments easier and more secure on the Web.... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more