Gohenry launches teen account
Family money app, gohenry, has released a new Teen account and card today in a bid to up the independence stakes for its customers aged 13 to 18.
Category: Finance
BBVA to roll out blank payment card in Spain
BBVA has launched Aqua, a new line of pioneering credit cards in Spain which feature a dynamic CVV code and do not contain card numbers (PAN) or expiration dates printed … Read More
TransferGo partners with Visa to bring global real-time transfers to users
TransferGo, one of the world’s fastest growing money transfer companies, today partners with Visa, the world’s leader in digital payments, to bring real-time international money transfers to consumers’ bank cards.
Sberbank to train visually impaired on how to use its mobile app
Sberbank has released how-to pieces that will help customers with visual impairments use the Sberbank Online mobile application and demonstrate its new features.
Credit Suisse app CSX to launch digital bancassurance with AXA
Credit Suisse is launching integrated bancassurance solutions for clients in collaboration with AXA.
BMO introduces digital pre-approvals for mortgage applicants
BMO Bank of Montreal has nationally launched a digital solution that brings speed and convenience to the Canadian home buying journey.
Visa Tap to Phone contactless payments programme goes global
Visa has launched its Tap to Phone technology, which enables Android handsets to be used for accepting NFC payments, in more than 15 markets, with the US to follow in … Read More
Grupo Financiero Banorte picks Volante for cross-border payment architecture
Volante Technologies Inc., a leading provider of payments and financial messaging solutions in the cloud, today announced that Grupo Financiero Banorte is partnering with Volante to modernize the bank’s cross-border … Read More
Contour collaborates with Mphasis to speed adoption opf blockchain network
Contour, the global decentralised platform building the new standard for global trade, today announced a partnership with Mphasis, an Information Technology (IT) solutions provider specialising in cloud and cognitive services, … Read More
PayPal to support cryptocurrencies across its consumer and merchant network
PayPal has been granted a first of its kind conditional Bitlicense by the New York State Department of Financial Services and will begin enabling its 346 million users to to … Read More
Brazil Will Unlock Instant Payments in November 2020
The payments industry in every country needs to evolve over time. In Brazil, the launch of instant payments is nigh. Instant Payments in Brazil Most countries in the Western world … Read More
Coronavirus Outbreak Threatens the Survival of Millions of Chinese Firms
The coronavirus outbreak has many different consequences. Outside of people’s health, the ongoing epidemic also threatens millions of Chinese firms. The Coronavirus is a Very big Problem When an epidemic … Read More
Fiserv wants to transform mobile payments through SoftPOS solution
Mobile payments are a very popular trend globally. To make this payment method more secure, Fiserv wants to experiment with a new solution. The Future of Mobile Payments To this … Read More
Bulgaria holds off on adopting the Euro as a national currency
Several dozen countries are labeled as EU member states. Not all of them effectively use the Euro at this time. Bulgaria has no plans of speeding up this process either. … Read More
ECB warns European banks to step up their compliance efforts
The European Central Bank keeps expressing its various concerns. In the latest update, the institution confirms how EU banks fail on the compliance level. The ECB is Very Concerned All … Read More
Coronavirus forces DBS to evacuate 300 employees in Singapore
The coronavirus outbreak has affected many aspects of daily life. For DBS, evacuating part of its staff from the Singapore office seems absolutely necessary. DBS Evacuates 300 Employees Given how … Read More
N26 will exit the UK challenger bank space come April 2020
Banks and other financial institutions find themselves in an awkward position these days. For N26, a well-known digital bank, the Brexit will have some unexpected consequences. In fact, the institution … Read More
Scotiabank prepares for the quantum computing era by exploring encryption alternatives
Quantum computing is destined to make a big impact on society. Scotiabank is preparing for the worst. The financial institution is taking a proactive approach to embracing new encryption methods. … Read More
7-Eleven has high hopes for its cashierless store experiment
There are many ways in which technology can change the daily lives of consumers. 7-Eleven is now experimenting with a cashierless store concept. This trial is limited to the corporate … Read More
UK eBay users lose over £1 million in PayPal scams during Q4 2019
Fraud and scams remain two very pressing problems in finance. Despite numerous efforts, this type of behavior will never be eroded completely. In the UK, various PayPal scams have cost … Read More
WorldRemit taps Alipay for its mobile-first international payments service
The remittance industry can be disrupted in many different ways. WorldRemit is using a very interesting approach to achieve this goal. By partnering with Alipay, they aim to make sending … Read More
Bakkt thinks it can fix the broken loyalty points ecosystem
Cryptocurrency users have become accustomed to Bakkt in recent months. While the company provides exposure to bitcoin futures, it is exploring other initiatives as well. One of those initiatives focuses … Read More
German banks massively hoard cash due to negative deposit rates
Negative deposit rates threaten the financial stability of major banks. In Germany, it seems that most financial institutions are hoarding cash reserves. A bank run may not happen soon, but … Read More
Operator of darknet marketplace Cardplanet faces up to 15 years in prison
Dark web marketplaces are on the radar of government agencies. Cardplanet, a market for stolen payment card details, is now shut down. The operator of Cardplanet pleaded guilty in a … Read More
Lebanon may be Running out of Financial Reserves in 2020
The financial situation in Lebanon isn’t well-documented. It is one of the many regions often overlooked. New reports indicate that the country is struggling with its reserves. In terms of … Read More