Indonesian ride-hailing app Go-Jek and Thailand’s largest lender, Siam Commercial Bank are set to announce a strategic partnership on Thursday, the companies said.
Uber is partnering with BBVA and Mastercard to launch a debit card for drivers in Mexico, the company’s latest gambit to promote banking in a country that runs on cash.
Singapore’s central bank plans to issue up to five digital bank licenses to suitable applicants, a move that could deliver the biggest shake-up in a market dominated by local banks.
The euro zone could have an instant payments system shared by all banks in the bloc by the end of 2020, finance industry officials said.
UK bank NatWest is piloting in-card biometric technology that lets customers verify point-of-sale transactions with their fingerprints.
Volt will enable access to more than 4,000 European banks through its single API and is the first platform of its kind built from first principles.
Financial messaging giant SWIFT has teamed up with the Singapore Exchange and four banks to trial a platform for e-voting based on blockchain tech.
JPMorgan Chase has created a digital token, the JPM Coin, that will be used to instantly settle transactions between the bank's wholesale payments business clients.
Digital bank Tandem has unveiled plans to float on the stock market within the next five years, as interest in fintech companies continues to swell.
London remained the top destination in Europe for technology investment in 2018, followed by rival Berlin.
Monzo, the U.K. challenger bank with more than a million customers and a unicorn valuation to boot, has quietly began working on a U.S. launch.
Royal Bank of Scotland has applied for a German banking licence to help it retain clients in the European Union in the event of a no-deal Brexit.
Google Payment Lithuania UAB has just received an Electronic Money Institution license from the Bank of Lithuania.
The United Arab Emirates and Saudi Arabia have started developing fintech for cross-border settlements, including a digital currency project, according to the UAE’s central bank governor.
British peer-to-peer lender Zopa has obtained a U.K. banking license, clearing a key hurdle in its bid to launch a digital bank and compete with industry giants.
Mobile banking customers at Lloyds Bank, Halifax and Bank of Scotland will now be able to track their spending on Google Maps thanks to a new app integration.
With new technological developments, the growing demand for digital banking is an opportunity for both incumbent banks and fintech companies.
Available in all Costa Coffee stores later this month, the Clever Cup costs £14.99, with a £1 donation from every sale going to the Costa Foundation.
By 2030, 80% of heritage financial services firms will go out of business, become commoditized or exist only formally but not competing effectively.
The Center for Financial Professionals have interviewed a few speakers ahead of their 2nd Annual Payments Forum 2019. Here is a snippet of what they had to say.