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/43637/banorte-launches-bineo-the-first-completely-digital-bank-in-mexico?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43637/banorte-launches-bineo-the-first-completely-digital-bank-in-mexico?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 02 Feb 2024 10:16:00 GMT Chairman of Grupo Financiero Banorte, Carlos Hank Gonzalez, has launched bineo, the first fully digital bank in Mexico. https://www.finextra.com/newsarticle/43609/bunq-hits-fy-profitability-targets-uk?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43609/bunq-hits-fy-profitability-targets-uk?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 30 Jan 2024 05:00:00 GMT Dutch neobank Bunq is planning its UK re-entry after recording its first full year of profitability. https://www.finextra.com/newsarticle/43607/lloyds-closes-mobile-bank-branch-service?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43607/lloyds-closes-mobile-bank-branch-service?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 29 Jan 2024 14:20:00 GMT With customers carrying out more banking through their phones, Lloyds is shutting down a different kind of mobile service, the vans that drive to towns across the UK offering an alternative to branches. https://www.finextra.com/newsarticle/43598/lloyds-cuts-branch-jobs-as-customers-go-digital?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43598/lloyds-cuts-branch-jobs-as-customers-go-digital?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 Jan 2024 15:32:00 GMT Lloyds Banking Group is cutting around 1600 jobs in its branch network, although the bank is also creating more than 800 roles in an expanded "relationship growth" team as it retools for a digital-first future. https://www.finextra.com/newsarticle/43570/qatars-karty-raises-2m-for-digital-wallet?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43570/qatars-karty-raises-2m-for-digital-wallet?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 Jan 2024 16:01:00 GMT Qatari digital wallet startup Karty is gearing up for launch after securing more than US$2 million in seed funding. https://www.finextra.com/newsarticle/43555/digital-onboarding-raises-58m?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43555/digital-onboarding-raises-58m?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 Jan 2024 00:01:00 GMT Boston-based SaaS fintech Digital Onboarding has raised $58 million from Volition Capital. https://www.finextra.com/newsarticle/43521/commerzbank-and-global-payments-form-payments-joint-venture-for-smes?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43521/commerzbank-and-global-payments-form-payments-joint-venture-for-smes?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 12 Jan 2024 00:01:00 GMT Global Payments and Commerzbank are to launch a joint venture company catering to the digital payment needs of small and medium sized enterprise in germany. https://www.finextra.com/newsarticle/43515/nu-mexico-lets-customers-receive-payments-from-us-via-whatsapp?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43515/nu-mexico-lets-customers-receive-payments-from-us-via-whatsapp?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 11 Jan 2024 00:01:00 GMT Nubank customers in Mexico can now receive money from the United States via WhatsApp thanks to a partnership between the digital banking giant and Felix Pago https://www.finextra.com/newsarticle/43496/nubank-gets-green-light-to-expand-into-savings-in-colombia?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43496/nubank-gets-green-light-to-expand-into-savings-in-colombia?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 08 Jan 2024 00:01:00 GMT Brazilian digital banking behemoth Nubank is stepping up its presence in Colombia after receiving approval from authorities to operate as a financing company in the country. https://www.finextra.com/newsarticle/43475/finextras-top-research-reports-of-2023?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43475/finextras-top-research-reports-of-2023?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 28 Dec 2023 11:54:00 GMT With 2023 drawing to a close, we take a look back at our most downloaded whitepapers, sentiment papers and surveys over the course of the past year. These reports are Finextra-led and cobranded, based on editorially balanced, independent, referenced desk-based and online research. https://www.finextra.com/newsarticle/43474/finextras-top-impact-study-reports-of-2023?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43474/finextras-top-impact-study-reports-of-2023?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 27 Dec 2023 12:06:00 GMT With 2023 drawing to a close, we take a look back at our most downloaded impact study reports over the course of the past year. Our impact study reports are how-to, best practice guides that support those in the financial industry in their utilisation and optimisation of particular technologies, as well as providing an outlook at future trends to watch. https://www.finextra.com/newsarticle/43465/bunq-launches-genai-chatbot?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43465/bunq-launches-genai-chatbot?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 20 Dec 2023 00:01:00 GMT Bunq has launched its own generative AI platform that the Dutch neobank says will "wow" customers with its ability to answer money-related questions. https://www.finextra.com/pressarticle/99553/paytabs-integrates-softpos-with-nearpays-tap-to-phone-technology?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99553/paytabs-integrates-softpos-with-nearpays-tap-to-phone-technology?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Feb 2024 11:14:00 GMT PayTabs Group, MENA’s award-winning payment orchestration powerhouse today announced it had partnered with Nearpay, Saudi Arabia’s leading Payment Infrastructure as a Service fintech brand to offer users across Jordan and other PayTabs markets in the region, an elevated soft POS payment experience. https://www.finextra.com/pressarticle/99542/ey-and-moneylion-form-alliance?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99542/ey-and-moneylion-form-alliance?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 06 Feb 2024 01:00:00 GMT The EY organization today announces an alliance between MoneyLion Inc. (“MoneyLion”) (NYSE:ML), a leading enterprise and consumer FinTech company, and Ernst & Young LLP (EY US), to help drive innovation and growth within the banking sector. https://www.finextra.com/pressarticle/99485/wisecard-technology-joins-the-multos-consortium?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99485/wisecard-technology-joins-the-multos-consortium?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 30 Jan 2024 10:28:00 GMT The MULTOS Consortium, a group of international blue-chip organisation responsible for the promotion and development of the MULTOS technology, announced today that Wisecard Technology, pioneers of innovative payment solutions has joined as a Partner Member. https://www.finextra.com/pressarticle/99458/interactions-on-bbvas-app-rose-32-percent-in-2023?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99458/interactions-on-bbvas-app-rose-32-percent-in-2023?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 29 Jan 2024 09:45:00 GMT BBVA’s app is the main channel customers use to contact the bank. https://www.finextra.com/pressarticle/99453/the-bank-of-missouri-signs-with-i2c?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99453/the-bank-of-missouri-signs-with-i2c?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 26 Jan 2024 13:29:00 GMT I2C Inc., a leading provider of banking and payments solutions, announces a five year partnership with The Bank of Missouri (TBOM) a celebrated community bank renowned for its pioneering digital banking initiatives. https://www.finextra.com/pressarticle/99365/libyan-islamic-bank-boosts-digital-customer-experience-with-backbase?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99365/libyan-islamic-bank-boosts-digital-customer-experience-with-backbase?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 Jan 2024 17:38:00 GMT In an effort to streamline its customer service operations and enhance its customers’ digital banking experience, Libyan Islamic Bank (LIB) has partnered with Backbase, the renowned expert in engagement banking platform solutions worldwide. https://www.finextra.com/pressarticle/99359/moneyhub-and-vodafone-expand-partnership?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99359/moneyhub-and-vodafone-expand-partnership?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 Jan 2024 12:59:00 GMT VOXI by Vodafone has expanded its partnership with Moneyhub, the award winning top global fintech, to offer customers 12 months of free access to its financial wellness app. https://www.finextra.com/pressarticle/99308/karma-wallet-goes-live-with-2-million-capital-injection?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99308/karma-wallet-goes-live-with-2-million-capital-injection?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 11 Jan 2024 14:40:00 GMT In a bold move to fuse financial technology with environmental stewardship, Karma Wallet has announced the launch of their Karma Wallet Card, a groundbreaking new spending tool that redefines the power of purchase. https://www.finextra.com/pressarticle/99295/emirates-islamic-to-launch-a-digital-wealth-offering-and-equity-trading-on-its-mobile-banking-app?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99295/emirates-islamic-to-launch-a-digital-wealth-offering-and-equity-trading-on-its-mobile-banking-app?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 10 Jan 2024 16:14:00 GMT Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of a Shariah-compliant digital wealth and equity trading platform on its EI + mobile banking App, becoming the first Islamic bank in the UAE to offer this feature to its customers. https://www.finextra.com/pressarticle/99293/kuwait-international-bank-unveils-kyc-updates-on-mobile-app?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99293/kuwait-international-bank-unveils-kyc-updates-on-mobile-app?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 10 Jan 2024 14:55:00 GMT As part of the services offered through its mobile application, Kuwait International Bank (KIB) launched its “Update your KYC” service that enables all customer segments to update their information and personal data wherever they are, whether inside Kuwait or while traveling abroad, at any time around the clock. https://www.finextra.com/pressarticle/99286/mashreq-ships-new-mobile-app?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99286/mashreq-ships-new-mobile-app?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 10 Jan 2024 11:05:00 GMT Mashreq, one of the leading financial institutions in the MENA region, announced the launch of its innovative mobile app, Mashreq UAE, aimed at providing a superior digital experience for its customers. https://www.finextra.com/pressarticle/99274/visa-adds-more-digital-wallets-to-cibc-and-simplii-global-money-transfers?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99274/visa-adds-more-digital-wallets-to-cibc-and-simplii-global-money-transfers?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 09 Jan 2024 14:27:00 GMT Visa and CIBC announced a new collaboration that will enable the bank’s clients to send funds to family and friends across borders more conveniently. 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/25626/why-digital-trust-is-important-for-banks?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/25626/why-digital-trust-is-important-for-banks?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 31 Jan 2024 15:27:00 GMT In his renowned book "The SPEED of Trust: The One Thing That Changes Everything," Stephen ... https://www.finextra.com/blogposting/25637/we-do-not-need-spatial-branches-we-need-a-vision-for-better-banking?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/25637/we-do-not-need-spatial-branches-we-need-a-vision-for-better-banking?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 02 Feb 2024 08:21:16 GMT Just a year ago there was hype about the Metaverse. Major banks such as Standard Chartered, HSBC, DB... https://www.finextra.com/blogposting/25642/role-of-technology-in-circular-economy?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/25642/role-of-technology-in-circular-economy?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 02 Feb 2024 17:21:59 GMT Technology emerges as a driving force in shaping the Circular Economy in this evolving dance between... https://www.finextra.com/blogposting/25628/the-silent-whistleblowers-anonymity-as-a-catalyst-for-ethical-financial-practices?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/25628/the-silent-whistleblowers-anonymity-as-a-catalyst-for-ethical-financial-practices?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 31 Jan 2024 16:03:47 GMT Whistleblowing has emerged as a pivotal force in unveiling unethical practices and fostering corpora... https://www.finextra.com/blogposting/25636/navigating-the-fraud-landscape-6-predictions-for-the-year-ahead?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/25636/navigating-the-fraud-landscape-6-predictions-for-the-year-ahead?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Feb 2024 13:55:36 GMT The evolving landscape of fraud in the financial sector demands a proactive approach to security. As...