Tuesday , December 11 2018

Recent Posts

A New Only Mobile App From Chase : Finn by Chase

Chase announced that its all-mobile bank aimed at millennials and digital-first consumers, Finn by Chase is now available nationwide to iOS users and will be launched on Android by the end of the year. The banks did a limited launch in St. Louis, MO in October and has been modifying …

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@IFINTEC 2018 – Digital Banking News Presentation

IFINTEC 2018 Finance Technologies Conference and Exhibition was held on 8-9 May 2018 in Istanbul – Turkey with a great success. With 900+ attendees, attendance from 15+ countries, 30+ speakers, 30+ speaking sessions, the event was organized very successfully. For more information, photos from the event and conference program of …

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PSD2: KBC Mobile first multi-banking app in Belgium

KBC became the first bank to allow its clients to enjoy the new opportunities available under the PSD2 Directive. The new version of KBC Mobile, which also includes the new Multi-Banking feature, is available for download from the App Store and the Google Play Store from today. KBC is actively …

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Footsteps of Amazon Bank

Teenagers, otherwise known as Generation Z, with their lack of debit and credit cards, their absence of bank accounts and their overwhelming preference for actually putting on clothes and going to physical stores to buy things they could purchase online, pose a big challenge to Amazon. Amazon’s answer: The internet …

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Uber applies for e-money licence

Sky News has learnt that Uber has applied to the Dutch central bank for an e-money licence that will enable it to streamline its payment processes across businesses such as its core ride-hailing app and its fast-growing UberEats food delivery venture. Sources said the attempt to become classified as an …

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Step by Step Whatsapp Money Transfer

The WhatsApp Pay feature is slowly becoming accessible to Android and iOS users in India. As of now, it has been launched in beta mode for select Android smartphones and iPhones. The WhatsApp Pay feature is only available in India and the transactions will be done via Unified Payments Interface …

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What is banks’ talent strategy?

Today’s graduates are looking for a personalized career experience. They want interesting and meaningful work that ignites their passions, and an open and engaging corporate culture. For most new hires, investment banks today just don’t tick those boxes. The talent acquisition problem is particularly acute for large banks. In 2013, …

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8 Things Your Bot Should Do to Make Customers Smile

There’s no need to download a new app for every service. You can chat with your friends, order food, get a ride with Uber, and transfer money, all without leaving your favorite messaging app. Chatbots are conversational—no need to learn a new interface or navigate complex menus. Chatbots are casual …

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A List of Mobile Only Banks

They are the new breed of digital banks for people who live on their smartphones and want something that looks more like Netflix than NatWest. They typically have snappy, quirky, one-word names – Starling, Mondo, B – and make claims such as “we’re redefining what a bank should be”. And …

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Top 10 AI Technology Trends for 2018

Artificial intelligence is front and center, with business and government leaders pondering the right moves. But what’s happening in the lab, where discoveries by academic and corporate researchers will set AI’s course for the coming year and beyond? PWC team has published a good article. AI Accelerator has homed in on …

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HSBC is getting into ‘robo-advice’

HSBC a few days ago announced plans to launch an online investment advice service by the end of the year, offering a cheaper wealth management service to those with only a modest amount of money. Relatively little detail is given on how the new service will work but HSBC says …

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Bitpay Goes International Bitcoin Prepaid Card

Bitpay has released its Visa-based prepaid debit card in 131 countries. BitPay chief commercial officer Sonny Singh said that “the Visa-branded offering enables users to top up its BitPay Prepaid Visa Card with dollars using cryptocurrency, which can then be spent as euros, British pounds or US dollars at merchants around the …

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Read Google I/O 2017 and Digital Banking Opportunities

Google just concluded its I/O 2017 keynote, where executives led by CEO Sundar Pichai laid out the company’s future roadmap for Android, Google Assistant, Google Home, virtual reality, and much more. Skydiving Google Glass-wearers, giant phone giveaways, and major hardware announcements no longer rule Google’s biggest annual conference. Instead, the …

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Another ‘first’ from QNB Finansbank

The time has come for international money transfers via Western Union® services on QNB Finansbank Mobile Branch. Introducing innovative banking applications and continuously updating investments in technological infrastructure to maximize clients’ convenience, QNB Finansbank has added the Western Union® Money TransferSM service to the list of Mobile Branch transactions. A …

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“Eight is great” Slogan and Wells Fargo Account Scandal

On September 8, 2016, Wells Fargo announced that it was paying $185 million in fines to Los Angeles city and federal regulators to settle allegations that its employees created millions of fake bank accounts for customers. The fraud appears to have stemmed from CEO John Stumpf’s mantra to employees: “eight …

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