The Fintech Times

DECEMBER 16, 2024

The Australian Securities and Investments Commission (ASIC), the country’s financial regulator, has filed documents against HSBC Bank Australia as it alleges the bank failed to adequately protect customers from being scammed out of millions of dollars. “All banks need to pull their weight in the fight against scams.

Scams 64

Scams Online and Mobile Banking Non-Bank Transactions 64

PYMNTS

FEBRUARY 18, 2020

LendingClub provides personal lending online, and it wants access to funding that is more stable and not as expensive. The bank is one of a few smaller lenders that has teamed up with FinTechs who need services only an FDIC-regulated institution can provide. This is the first time a FinTech has purchased an actual bank.

FinTech 97

FinTech FDIC Online and Mobile Banking Returns 97

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking 136

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 136

PYMNTS

JULY 31, 2020

China’s State Council’s Anti-Monopoly Commission is considering investigating Alipay and WeChat Pay , two of the county’s biggest online payment and money transfer platforms, Reuters reported. COVID-19 and its aftermath moved the country from cash to online payments. The mobile banking market reported 56.2

Regulations 72

Regulations Online and Mobile Banking Request for Comment Central Bank 72

PYMNTS

SEPTEMBER 28, 2020

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. The Hong Kong Monetary Authority (HKMA) approved Ant Bank’s application for a virtual banking license. It was one of eight such recipients, the report stated.

Online and Mobile Banking 108

Online and Mobile Banking eWallet Authorization Returns 108

Finovate

MARCH 6, 2025

Online travel booking company Expedia is partnering with mobile banking and lending fintech Upgrade to make its cruise booking services more accessible. ” Founded in 2017, Upgrade is a digital banking platform headquartered in California. Upgrade launched the Flex Pay brand in 2024, rebranding it from Uplift.

BNPL 59

BNPL Online and Mobile Banking Volume Credit Cards 59

PYMNTS

AUGUST 21, 2019

Legacy banks have their work cut out for them if they want to survive another century as key players in the digital banking world. This is driving legacy banks to take a closer look at their own products and strategies, with many rising to the challenge. Around the Digital Banking World.

Online and Mobile Banking 77

Online and Mobile Banking AI Mobile Banking Innovation 77

Fintech Review

APRIL 11, 2025

Over the years, weve covered a broad range of fintech topics from digital banking to decentralised finance , regtech , green fintech , and more. This includes services like mobile banking, peer-to-peer payments, investment platforms, and blockchain applications. Consumer trust in banks plummeted.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cross-Border 52

PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

Online and Mobile Banking 61

Online and Mobile Banking Push-to-Card Money Laundering AML 61

PYMNTS

FEBRUARY 21, 2020

To be the bank, buy the bank. Upon releasing its latest earnings, LendingClub , known up until now for its personal loans delivered through its online platform, said it had struck a deal to buy Radius Bancorp. The $185 cash and stock deal would bring an online bank with $1.4

Online and Mobile Banking 89

Online and Mobile Banking Data Breach Compromise Commercial Card 89

PYMNTS

SEPTEMBER 11, 2019

Make that leather wallet a mobile one, wielded on smartphones. As we noted in this space earlier in the summer, using apps to bank is markedly being embraced by the younger generation. As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually.

Non-Bank 64

Non-Bank Online and Mobile Banking Authorization Regulations 64

The Fintech Times

MAY 17, 2024

Tap to Everything There are six billion mobile devices in the world providing consumers with a versatile NFC enabled device primed to be ‘tapped’ At the end of 2023, Visa’s tap-to-pay penetration reached 65 per cent globally, up two times the penetration we saw in 2019, cementing tap as one of the best commerce experiences today.

Product 128

Product Consumer Online and Mobile Banking RTP 128

Wharton Fintech

OCTOBER 30, 2023

Narmi’s Co-Founder Nikhil Lakhanpal — building an API-driven digital banking platform In today’s episode, Kailee Costello hosts Nikhil Lakhanpal , Co-Founder at Narmi. Narmi’s mission is to offer financial institutions the best digital banking platform in the industry. A really big part of that is the core banking system.

API 130

API Online and Mobile Banking FedNow Credit Union 130

PYMNTS

FEBRUARY 1, 2021

It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. And as Rita Camporeale , Head of Payments Systems at the Italian Banking Association ( ABI ), told PYMNTS’ Karen Webster, the pandemic has accelerated the embrace of instant payments that flow directly between banks.

Real Time Payments 100

Real Time Payments Instant Payments Online and Mobile Banking Push-to-Card 100

PYMNTS

SEPTEMBER 22, 2020

Consumers moved to digital banking in droves during the early months of the COVID-19 pandemic — it appears they are not moving back. Consumers pivoting to online banking are also more concerned over the privacy and security of their data, especially as fraud volumes creep up —and financial regulators are taking notice.

Compliance 76

Compliance Online and Mobile Banking Privacy SWIFT 76

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online and Mobile Banking 98

Online and Mobile Banking Payment APIs and Integration Payments Push-to-Card 98

Open Banking Excellence

AUGUST 23, 2023

When generative AI arrived, it already had a huge infrastructure to draw upon, as well as the staggeringly large corpus of human knowledge published online during the past few decades. The mobile banking revolution which took place roughly a decade ago shows us how quickly technology can be adopted at scale.

AI 130

AI Risk Online and Mobile Banking CRM 130

Fintech Review

FEBRUARY 13, 2024

With innovations like mobile banking, digital wallets, and blockchain technology at the forefront, fintech is leading a financial revolution. As services transition online, consumers face new risks, including data breaches, online fraud, and exposure to unfair practices.

Consumer Protection 105

Consumer Protection Innovation Consumer FinTech 105

The Fintech Times

FEBRUARY 20, 2025

He brings over 30 years experience in financial services with senior roles across global banking, private equity and accounting. He also joins the board of Quantum as director of fintech and banking, helping with its plan to list on the London Stock Exchange in 2026. Radford previously held the CEO role at Revolut UK from 2020 to 2023.

FinTech 64

FinTech Cross-Border Payments Disaster Recovery Online and Mobile Banking 64

PYMNTS

JANUARY 1, 2021

Digital-First Banking. Banks will need to seriously revamp their in-branch experiences to accommodate the new normal as customers are growing used to the unparalleled convenience and speed that mobile banking has to offer. The year-over-year increase in cross-border online sales was even more dramatic in other regions.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

Clearly Payments

JANUARY 29, 2024

The banking landscape is undergoing a transformation, driven by the emergence of neobanks. These digital-only banks are challenging the traditional financial institutions by offering products and services that cater to the needs of tech-savvy consumers. For their banking structure, Neobanks can come in two forms.

Online and Mobile Banking 105

Online and Mobile Banking Payments Innovation Push-to-Card 105

PYMNTS

JULY 29, 2019

To accommodate this shift and the nation’s growing number of internet and smartphone users, tech giants like Amazon and Facebook are launching digital banking solutions focused on mobile devices. Chatbots, AI and Personalization in Indian Banking. Other FIs are turning to chatbots as more consumers embrace digital banking, too.

AI 72

AI Automation Online and Mobile Banking ATM 72

The Fintech Times

JANUARY 31, 2024

Lloyds Banking Group is shutting down its mobile van banking service this year and closing 123 branches, sparking concern over reduced access to essential financial services, particularly in rural and underserved areas. is unhappy with Lloyds’ decision to stop its mobile van banking service. Money, Which?

Financial Inclusion 69

Financial Inclusion Bank Closure Online and Mobile Banking Underserved 69

PYMNTS

FEBRUARY 20, 2018

It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. According to Reuters , traditional banks will feel the impact if FinTechs start offering services such as payments, crowdfunding, mobile banks and online trading.

Regulations 40

Regulations Rules FinTech Online and Mobile Banking 40

PYMNTS

JULY 1, 2019

Modern customers are much more likely to grow frustrated by lengthy processes and switch to other banks, after all. This means banks must make security an engaging part of their customer experiences rather than a clunky friction point, and many are doing so by turning to AI and biometric authentication tools.

AI 75

AI Authentication Online and Mobile Banking Verification 75

PYMNTS

JANUARY 19, 2021

In financial services, in the eternal war to keep customers (and themselves) safe from online fraudsters, banks may lift a mantra from the real estate sector: It’s all about location, location, location. Only about a third of banks’ apps ask for robust location data, said Briggs. Not all data are created equal, of course.

Online and Mobile Banking 90

Online and Mobile Banking Addressing Scams Account Takeovers 90

PYMNTS

JUNE 26, 2020

Digital banking has become the new normal as social distancing guidelines and stay-at-home orders have drastically curbed financial institutions’ (FIs’) abilities to conduct in-branch services. Online account openings increased by more than 200 percent in April, while all mobile banking traffic rose by 85 percent.

Online and Mobile Banking 88

Online and Mobile Banking Checks Consumer Authentication Audit 88

PYMNTS

JUNE 17, 2019

Open banking is nothing if not a lot of moving parts and complications. In a discussion with Karen Webster, Samuel-Ogbu talked about the role of API aggregation and how incentives can help to ignite open banking, one of the main efforts now taking place in the world of payments and commerce. Bank Threat.

API 78

API Online and Mobile Banking Authentication On-Demand 78

PYMNTS

JANUARY 7, 2021

Today in B2B payments, Orange Bank acquires the SMB neobank Anytime, while Europe braces for a wave of supply chain finance defaults. Orange Bank Buys Neobank Anytime to Serve SMBs, Professionals. Plus, Udaan lands funding for B2B eCommerce technology, Kofax collaborates on AP automation and Bringg partners for B2B delivery.

B2B 66

B2B Online and Mobile Banking Automation On-Demand 66

Payment Savvy

NOVEMBER 9, 2022

EFT payments are becoming increasingly popular as more and more people conduct their financial affairs online. Transferring money between your own accounts at different banks. These machines allowed customers to withdraw cash from their bank accounts without visiting a teller. But what exactly is an EFT payment?

Online and Mobile Banking 98

Online and Mobile Banking Wire Transfer Direct Deposit ACH 98

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

The Payments Association

OCTOBER 14, 2024

Traditionally, consumers stuck with familiar banks, but there’s now a growing trend of current account switching. The service was introduced as part of a government initiative to increase competition in the banking sector, aiming to reduce the inertia that had kept 75% of account holders with the same bank for years.

Accounts 88

Accounts Consumer Online and Mobile Banking Multi-Currency 88

The Fintech Times

DECEMBER 21, 2023

. “By enabling instant and secure money transfers between banks and individuals, FedNow aims to modernise and enable a more efficient US payment infrastructure. In 2024 I expect to see a surge in real-time transfers as more customers demand a seamless banking experience.”

Cross-Border Payments 115

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 115

M2P Fintech

JANUARY 3, 2024

Core Banking Solution (CBS) promises a transformative leap for banks. It ensures banking functions are fully digital and compliant with modern banking standards. Migrating from Legacy Systems Transitioning from legacy to modern core banking platforms is a complex task.

Payment APIs and Integration 59

Payment APIs and Integration CRM Online and Mobile Banking Privacy 59

PYMNTS

SEPTEMBER 24, 2020

Most banks are familiar with how quickly regulatory requirements can change. Staying abreast of these various compliance shifts can be costly and challenging for banks, but doing so is necessary to ensure that financial institutions’ (FIs) operations can run smoothly and ward off cyberattacks. Compliance, Cybercrime And The Cloud .

Compliance 60

Compliance Online and Mobile Banking CCPA Rules 60

PYMNTS

DECEMBER 14, 2018

Banks and businesses handling personal information face a delicate balancing act as global systems embrace smarter payments. Data is crucial and — fortunately, for banks and businesses in the smarter payments space — plentiful. financial services sector as consumers embrace digital technology for the banking and retail industry.

Payments 72

Payments Online and Mobile Banking Regulations Faster Payments 72

PYMNTS

SEPTEMBER 4, 2019

In eCommerce and mobile banking, friction is a four-letter word, an interruption and annoyance — even a speed bump — on the path to transactions and getting things done. Consumers are becoming savvier about the protections available to them to help safeguard identities as they interact with banks or merchants, Singh said.

Online and Mobile Banking 44

Online and Mobile Banking Authentication Mobile Banking Breach 44