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Facebook crypto plans turn up heat on EU banks over real-time payments

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.

NatWest pilots biometric payment card

UK bank NatWest is piloting in-card biometric technology that lets customers verify point-of-sale transactions with their fingerprints.

Volt announces launch of its agnostic Open Banking payments platform

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.

SWIFT teams up with major banks, SGX to trial blockchain voting

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.

JP Morgan Chase launches its own cryptocurrency 'JPM Coin'

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 eyes IPO as customer numbers continue to surge

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 remains top destination for European tech funding

London remained the top destination in Europe for technology investment in 2018, followed by rival Berlin.

Challenger bank Monzo has quietly begun working on a U.S. launch

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.

RBS applies for German banking licence ahead of Brexit

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 receives e-money license from Bank of Lithuania

Google Payment Lithuania UAB has just received an Electronic Money Institution license from the Bank of Lithuania.

UAE, Saudi Arabia start work on fintech for cross-border settlements

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.

UK peer-to-peer lender Zopa gets banking license as it looks to compete with industry giants

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.

Lloyds' customers can now keep track of spending with Google Maps

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.

4 key banking trends to watch

With new technological developments, the growing demand for digital banking is an opportunity for both incumbent banks and fintech companies.

Costa Coffee launches contactless reusable cups with Barclaycard

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.

Digitalization will make most heritage financial firms irrelevant by 2030

By 2030, 80% of heritage financial services firms will go out of business, become commoditized or exist only formally but not competing effectively.

Interviews with speakers ahead of Payments Forum 2019 in London

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.

AXA rebrands £55 million fund to invest in fintech

AXA Investment Management is restructuring its £55 million Framlington Financial fund to invest in fintech companies.

10 examples of customer experience innovation in banking

Banks that can innovate and meet customers’ needs have a huge competitive advantage. Here are 10 examples of innovative banking customer experiences.

Interview with TSYS ahead of P20 in Atlanta

We spoke to Gaylon Jowers Jr., Senior Executive Vice President and President, Issuer Solutions, TSYS, to find out more about TSYS and its place in the payments space.