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Alipay receives second European e-money license
Chinese online payments solution from Alibaba, Alipay has been awarded its second e-money license in Luxembourg to serve in Europe.
BUSINESS
TransferWise to open Belgian office as Brexit contingency plan
London-based money transfer fintech, TransferWise is set to open a new office in Burrels to ensure its smooth functioning after Brexit.
BBVA invests in invisible payments tech Grabango
Banco Bilbao Vizcaya Argentaria (BBVA) has invested in Silicon Valley invisible-payments company Grabango in a $12 million Series A funding round.
PAYMENTS
SECURITY
AXA IM and Dreams team up to help millennials invest
AXA Investment Managers has made a strategic partnership with Stockholm-based mobile savings and investment platform Dreams, aiming to provide millennials investment services.
ANNOUNCEMENTS
ABM Amro rolls out wearable payments
ABN Amro has introduced contactless wearables for its retail customers to pay higher amounts at point-of-sale using PIN.
"We...
TransferWise to open Belgian office as Brexit contingency plan
London-based money transfer fintech, TransferWise is set to open a new office in Burrels to ensure its smooth functioning after Brexit.
Sberbank and Azbuka Vkusa team up for fingerprint payments
Russia's state-owned banking giant, Sberbank has teamed up with supermarket chain Azbuka Vkusa to launch the "perfect fingerprint payment service."
Mastercard rebrands its logo without company’s name
Mastercard has removed the company's name from its logo as a part of the revamp to welcome the rise of the digital...
TD personalize its app with new AI-powered chatbot
TD Bank Group (TD) is introducing TD Clari ("Clari"), a new artificial intelligence-powered chatbot integrated into its banking app to offers a more...
TECHNOLOGY
Line and Mizuho teams up for a new mobile bank in Japan
Japanese chat app operator Line is joining hands with Mizuho Financial Group to launch digital banking services for its domestic user base of 78 million.
The partnership...
Google brings-in ‘Style Ideas’, to grab online shopping market share
Online shoppers! Happy days are here again, with your ever-familiar Google Search now coming up with an additional feature in its image search feature...
JP Morgan hires Google’s senior AI executive
US-based bank JP Morgan has hired a senior executive from Google as its new head of artificial intelligence (AI) and machine learning services.
Apoorv Saxena,...
Commerzbank sets up trade finance innovation lab
Germany's Commerzbank has built a trade finance innovation lab in Dortmund for researching the various applications of technologies like DLT in trade finance.
Extending upon a...
Capita bags HSBC Fintech order for mortgage broker network platform
Capita, the UK major in business process solutions and support services, with operations across Europe, South Africa and India has just been awarded a...
RETAIL BANKING
Alipay receives second European e-money license
Chinese online payments solution from Alibaba, Alipay has been awarded its second e-money license in Luxembourg to serve in Europe.
