https://www.finextra.com/ The Latest Financial IT Mobile & online banking Headlines Copyright 2024 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png https://www.finextra.com/newsarticle/44219/sme-banking-platform-relay-raises-322m?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44219/sme-banking-platform-relay-raises-322m?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 29 May 2024 15:31:00 GMT Relay, a business banking and money management service for SMEs, has raised $32.2 million in a Series B funding round led by Bain Capital Ventures. https://www.finextra.com/newsarticle/44210/nubank-rolls-out-esim-service-to-premium-users?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44210/nubank-rolls-out-esim-service-to-premium-users?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 29 May 2024 00:01:00 GMT Brazillian challenger bank Nubank is to bundle a digital travel eSIM into its package for premium customers in partnership with Telecom-as-a-Service platform Gigs. https://www.finextra.com/newsarticle/44209/bafin-lifts-n26-customer-onboarding-cap?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44209/bafin-lifts-n26-customer-onboarding-cap?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 28 May 2024 13:17:00 GMT After more than two years, Germany's financial regulator BaFin has lifted a cap on the number of new customers that digital bank N26 can onboard. https://www.finextra.com/newsarticle/44145/bunq-makes-genai-assistant-fully-conversational?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44145/bunq-makes-genai-assistant-fully-conversational?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 15 May 2024 00:01:00 GMT Dutch neobank bunq has upgraded its GenAI assistant Finn to make it "fully conversational" and rolled out a travel insurance product. https://www.finextra.com/newsarticle/44135/hsbc-adds-savings-tool-to-mobile-app?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44135/hsbc-adds-savings-tool-to-mobile-app?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 14 May 2024 00:01:00 GMT HSBC has added a feature to its mobile app in the UK to help customers identify, plan and manage their saving goals. https://www.finextra.com/newsarticle/44120/global-mobile-banking-malware-surges-32?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44120/global-mobile-banking-malware-surges-32?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 10 May 2024 00:01:00 GMT Global mobile banking trojan attacks on Android users grew by a third in 2023, while cryptocurrency-related phishing also saw a sharp increase, according to a Kaspersky report. https://www.finextra.com/newsarticle/44089/zopa-bank-hits-4-billion-in-customer-deposits?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44089/zopa-bank-hits-4-billion-in-customer-deposits?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 03 May 2024 09:45:00 GMT In just under four years since the former peer-to-peer lender received its banking license, Zopa Bank has amassed £4 billion in customer deposits. https://www.finextra.com/newsarticle/44083/checkoutcom-and-mastercard-partner-up-to-launch-virtual-cards-for-online-travel-agents?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44083/checkoutcom-and-mastercard-partner-up-to-launch-virtual-cards-for-online-travel-agents?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 02 May 2024 09:56:00 GMT Digital payments provider Checkout.com has announced its partnership with payments giant Mastercard to provide Online Travel Agents with virtual cards. https://www.finextra.com/newsarticle/44072/lunar-raises-eur241m?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44072/lunar-raises-eur241m?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 01 May 2024 00:01:00 GMT Denmark-based digital challenger bank Lunar has raised EUR24.1 million as it bolsters its capital position for a push across the Nordics. https://www.finextra.com/newsarticle/44048/rbi-bars-kotak-mahindra-from-digitally-onboarding-new-customers?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44048/rbi-bars-kotak-mahindra-from-digitally-onboarding-new-customers?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Apr 2024 19:53:00 GMT The Reserve Bank of India has ordered Kotak Mahindra Bank to stop onboarding new customers via digital channels and to pause issuing new credit cards because of failures with the lender's IT systems. https://www.finextra.com/newsarticle/44034/nextgen-nordics-2024-bnpl-just-has-a-bad-rep?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44034/nextgen-nordics-2024-bnpl-just-has-a-bad-rep?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Apr 2024 11:00:00 GMT At NextGen Nordics 2024 in Stockholm, experts engaged in a lively conversation on Buy Now Pay Later (BNPL) in a panel session. https://www.finextra.com/newsarticle/44032/nextgen-nordics-2024-nordics-can-look-outwards-for-new-instant-payments-approaches?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44032/nextgen-nordics-2024-nordics-can-look-outwards-for-new-instant-payments-approaches?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 Apr 2024 12:30:00 GMT In the first panel of NextGen Nordics 2024, Finextra’s head of content Madhvi Mavadiya moderated the session: ‘Instant payments – how to prepare for RIX-INST on TIPS and the benefits of starting with Swish’. https://www.finextra.com/pressarticle/100963/mypos-enables-tap-to-pay-on-iphone-in-italy?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100963/mypos-enables-tap-to-pay-on-iphone-in-italy?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 29 May 2024 15:28:00 GMT UK-based payments company myPOS has enabled Tap to Pay on iPhone for businesses in Italy. https://www.finextra.com/pressarticle/100955/nexi-offers-tap-to-pay-on-iphone-for-merchants-in-italy?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100955/nexi-offers-tap-to-pay-on-iphone-for-merchants-in-italy?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 29 May 2024 10:00:00 GMT Nexi, the European PayTech, now enables merchants in Italy to accept in-person contactless payments seamlessly and securely with Tap to Pay on iPhone, and will continue to expand the availability of Tap to Pay on iPhone to its customers in Europe where the service is available. https://www.finextra.com/pressarticle/100938/westpac-helps-customers-earn-21-million-in-interest-through-savings-prompts?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100938/westpac-helps-customers-earn-21-million-in-interest-through-savings-prompts?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 28 May 2024 11:58:00 GMT To provide greater transparency around savings interest rates, Westpac has introduced mobile phone push notifications which alert customers about how they can earn bonus interest on their savings. https://www.finextra.com/pressarticle/100931/revolut-connects-mobile-wallets-to-african-telcos-airtel-orange-money-and-mtn?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100931/revolut-connects-mobile-wallets-to-african-telcos-airtel-orange-money-and-mtn?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 28 May 2024 09:06:00 GMT Revolut, the global financial app with more than 40 million customers worldwide, today extends its international transfers feature Mobile Wallets with 14 new payment corridors, 9 new countries and 3 digital wallets: Airtel, Orange Money and MTN. https://www.finextra.com/pressarticle/100927/cibc-launches-digital-application-for-new-immigrants?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100927/cibc-launches-digital-application-for-new-immigrants?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 27 May 2024 15:06:00 GMT CIBC today announced it is the first major financial institution to launch a bundled digital credit card and deposit account application for those new to Canada, making it faster and more convenient for these clients to make key banking decisions sooner. https://www.finextra.com/pressarticle/100925/romanias-salt-bank-launches-with-engine-by-starling-and-gft?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100925/romanias-salt-bank-launches-with-engine-by-starling-and-gft?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 27 May 2024 13:13:00 GMT Salt Bank, a new digital bank in Romania’s financial landscape, has launched less than one year after the project was kicked off. https://www.finextra.com/pressarticle/100908/burgan-bank-signs-for-tcs-core-overhaul?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100908/burgan-bank-signs-for-tcs-core-overhaul?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 May 2024 17:51:00 GMT Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has signed a deal to modernize the core banking technology of Burgan Bank, a leading commercial bank in Kuwait. https://www.finextra.com/pressarticle/100901/b2c2-forms-partnership-with-swissquote?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100901/b2c2-forms-partnership-with-swissquote?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 May 2024 14:53:00 GMT B2C2, a global leader in institutional liquidity for digital assets, announces it has partnered with Swissquote, the Swiss Leader in online banking and financial services provider. https://www.finextra.com/pressarticle/100900/stanbic-bank-kenya-picks-orion-innovation-for-core-overhaul?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100900/stanbic-bank-kenya-picks-orion-innovation-for-core-overhaul?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 May 2024 14:51:00 GMT Orion Innovation ("Orion"), a leading digital transformation and product development services firm, today announced it has signed a deal with Stanbic Bank Kenya to facilitate a core banking upgrade and modernization effort. https://www.finextra.com/pressarticle/100883/majority-raises-20m-for-migrant-banking-platform?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100883/majority-raises-20m-for-migrant-banking-platform?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 22 May 2024 17:57:00 GMT Majority, the platform offering mobile banking, international services and more to migrants in the US, today announced $20M in funding after a year of record growth, despite the tumultuous fintech market. https://www.finextra.com/pressarticle/100877/fis-upgrades-mobile-banking-app?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100877/fis-upgrades-mobile-banking-app?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 22 May 2024 14:02:00 GMT Global financial technology leader FIS (NYSE: FIS) has launched an enhanced version of its flagship mobile banking application for financial institutions. https://www.finextra.com/pressarticle/100859/oucu-financial-credit-union-picks-tyfone-banking-platform?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100859/oucu-financial-credit-union-picks-tyfone-banking-platform?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 May 2024 13:23:00 GMT Digital banking provider Tyfone today announced that OUCU Financial Credit Union (OUCU Financial) in Athens, Ohio, is the first Cubus One Digital Banking customer converting to Tyfone’s nFinia® Digital Banking Solutions. https://www.finextra.com/videoarticle/2641/the-customer-engagement-imperative-what-banks-can-learn-from-the-fintech-playbook?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2641/the-customer-engagement-imperative-what-banks-can-learn-from-the-fintech-playbook?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 10 May 2022 12:14:00 GMT Gareth Wilson, UK Banking and Capital Markets business lead, Capgemini & Elias Ghanem, Vice President and Global Head of Capgemini Research Institute for Financial Services, reflect on the growth of digitalization across the industry and a shift in customer needs. They discuss the challenges banks are facing as a result, what they should be investing in and leveraging to tackle this challenge, and how they can use data and AI/ML technologies to create superior customer experiences that drive growth. They also reflect on how positioning the CMO as a customer strategist and chief engagement officer can further enhance growth opportunities. https://www.finextra.com/videoarticle/2299/pinpointing-the-bits-that-matter-in-a-red-ocean-of-data?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2299/pinpointing-the-bits-that-matter-in-a-red-ocean-of-data?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 22 Jan 2020 09:00:00 GMT As consumer habits develop and evolve, the way banks operate and how they engage with their customers do as well. With banks under increasing pressure due to competition from innovative fintechs and changing consumer expectations, they must develop the way they target and appeal to customers and maintain a profitable personal relationship. https://www.finextra.com/videoarticle/2278/placing-the-emphasis-on-experience-in-banking?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2278/placing-the-emphasis-on-experience-in-banking?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 08 Jan 2020 10:00:00 GMT Lee James, CTO, EMEA, Rackspace, speaks about Digital Transformation and banking as a service, how both are providing better customer experience, ways consumers are managing their money better, the role cloud plays in this space and how it is likely to evolve. https://www.finextra.com/videoarticle/2277/improving-customers-financial-health?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2277/improving-customers-financial-health?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 18 Nov 2019 16:24:00 GMT Peggy Mangot, Senior Vice President and Head of Greenhouse Development, Wells Fargo & Company speaks at Money 20/20 USA about financial health, what banks have got wrong around helping their customers in the past, how to achieve better visualisation and how banks are using technology to improve their clients' financial health. https://www.finextra.com/videoarticle/2264/fiat-currency-20-counter-argument-to-the-cryptocurrency-narrative?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2264/fiat-currency-20-counter-argument-to-the-cryptocurrency-narrative?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 05 Nov 2019 11:18:00 GMT Tony McLaughlin, Emerging Payments & Business Development, Citi, speaks at Money 20/20 USA about the practical problems that still need addressing in the crypto-currency community, how Fiat Currency 2.0 will help fix payments as a counter balance to crypto and what challenges still exist around tokenisation and coins. We ask how this impacts the big techs and what regulatory, political and ethical concerns need to be addressed first before they achieve their own currencies. https://www.finextra.com/videoarticle/2259/combining-bank-skill-sets-with-those-of-fintechs-in-the-us?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2259/combining-bank-skill-sets-with-those-of-fintechs-in-the-us?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 04 Nov 2019 11:00:00 GMT David Reiling, CEO, Sunrise Banks, speaks at Money 20/20 USA in Las Vegas, about the new opportunities partnerships present for banks in the US, what different skill sets are brought together when banks are combined with the fintechs, how these help in the area of cyber security and those where customers are able to better manage their money. https://www.finextra.com/videoarticle/2246/finextratv--sibos2019--the-big-themes-3-regulation?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2246/finextratv--sibos2019--the-big-themes-3-regulation?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 18 Oct 2019 09:44:00 GMT FinextraTV reports from Sibos 2019 in London on the impact of Regulation on the industry. In this, final episode, we learn about how Banks are adapting to the changing regulatory landscape, whether the cost of compliance outweighs the value of innovation, what success in this space demands and whether regulation will be able to keep up with the pace set by the tech giants. Standard Chartered, Deutsche Bank, Nordea, LHV, KPMG and Crown Agents Bank are among the many leading institutions to share their views exclusively with Finextra Research. https://www.finextra.com/videoarticle/2239/adapting-to-the-experience-economy-together?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2239/adapting-to-the-experience-economy-together?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 15 Oct 2019 16:07:00 GMT Sumit Aggarwal, Head of Transaction Banking Services, Emarites NBD Bank & Robert Cummings, Global Head FSI Solutions, SAP, speak about the power of partnerships, how the industry is becoming less siloed, how SAP has transformed the Emirates brandin and the changing experience economy. https://www.finextra.com/videoarticle/2233/finextratv--sibos2019--the-big-themes-2-leveraging-data?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2233/finextratv--sibos2019--the-big-themes-2-leveraging-data?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 11 Oct 2019 14:46:00 GMT FinextraTV reports from Sibos 2019 in London on how the industry is Leveraging Data. In this, second of three Sibos reports, we learn about how Banks are increasingly looking to develop a more formal strategy to better manage their data, the challenges leveraging data helps overcome and some of the new and improved services that are coming to market as a result. Barclays, LLoyds, BAML, Natwest, SEB, DBS Bank, Westpac, JPMorgan, Standard Chartered, Société Générale, Nordea, ING, Emirates NBD, and Absa are among the many leading institutions to share their views exclusively with Finextra Research. Become a Finextra member now and be sure not to miss: Sibos2019 Big Themes: Regulation… https://www.finextra.com/videoarticle/2215/now-is-the-time-to-make-the-payments-world-real-time-swift?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2215/now-is-the-time-to-make-the-payments-world-real-time-swift?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 04 Oct 2019 14:08:00 GMT Harry Newman, Head of Banking, SWIFT, explores the reasoning behind exploding demand for instant payments, how SWIFT and its community is meeting this demand, and how cross-border payments will evolve moving forward. https://www.finextra.com/videoarticle/2212/how-instant-payments-are-revolutionising-cash-management?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2212/how-instant-payments-are-revolutionising-cash-management?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 04 Oct 2019 11:59:00 GMT Christof Hoffman, Global Head of Payments & Collection Products, Deutsche Bank, speaks about the demand for instant payment schemes globally, how the industry has welcomed Open Banking and APIs and the significance of Swift gpi. https://www.finextra.com/videoarticle/2207/how-transaction-banks-are-adapting-to-dynamics-affecting-the-industry?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2207/how-transaction-banks-are-adapting-to-dynamics-affecting-the-industry?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 03 Oct 2019 13:39:00 GMT Marc Recker, Global Head of Market Management, Cash Management, Deutsche Bank, explores the dynamics transforming the transaction banking landscape and their impact, how the industry is evolving to remain competitive, and the strategies Transaction Banks need to devise to remain successful such as partnerships and global standardisation. https://www.finextra.com/videoarticle/2203/finextratv--sibos2019--the-big-themes-1-the-impact-of-ai?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2203/finextratv--sibos2019--the-big-themes-1-the-impact-of-ai?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 03 Oct 2019 11:55:00 GMT FinextraTV reports from Sibos 2019 in London on Artificial Intelligence in Financial Services. In this, the first of three Sibos reports, we learn about AI: the areas it is having the greatest impact, the challenges and concerns that surround it, and how the industry will use the technology in coming years. ING, Deutsche Bank, Bank of America Merrill Lynch, Crown Agents Bank, Standard Bank, SEB, Nordea and BNP Paribas are among the many leading institutions to share their views exclusively with Finextra Research. https://www.finextra.com/blogposting/26250/ais-role-in-fs-businesses-cyber-defence-and-risk-assessment?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26250/ais-role-in-fs-businesses-cyber-defence-and-risk-assessment?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 28 May 2024 15:59:48 GMT It’s no surprise to see cybersecurity holding its position as one of the Financial Services (FS) sec... https://www.finextra.com/blogposting/26246/exploring-the-growth-of-digital-payments-in-latin-america?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26246/exploring-the-growth-of-digital-payments-in-latin-america?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 28 May 2024 14:11:28 GMT Latin America, a region renowned for its vibrant culture, diverse landscapes, and rich history, is u... https://www.finextra.com/blogposting/26263/achieving-cybersecurity-in-finance-through-collaborative-efforts?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26263/achieving-cybersecurity-in-finance-through-collaborative-efforts?utm_medium=rssfinextra&utm_source=finextrafeed Sun, 02 Jun 2024 11:45:16 GMT In the rapidly evolving landscape of financial technology, the convergence of innovative digital sol... https://www.finextra.com/blogposting/26249/exploring-gen-ai-use-cases-in-financial-services?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26249/exploring-gen-ai-use-cases-in-financial-services?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 28 May 2024 16:23:20 GMT With the explosion of Gen AI in recent times, financial services organizations are looking to harn https://www.finextra.com/blogposting/26255/navigating-the-evolution-of-digital-b2b-payments-in-2024?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26255/navigating-the-evolution-of-digital-b2b-payments-in-2024?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 29 May 2024 17:24:50 GMT In today’s fast-paced business environment, securing and maintaining relationships with large enterp...