Tag: Mobile Banking
Salt Bank adopts Starling Bank’s SaaS platform
Starling Bank's Software-as-a-Service (SaaS) platform, Engine, has secured Salt Bank, formerly known as Idea Bank, as its first client. Salt Bank, a subsidiary of...
RBI fines Paytm Payments Bank For KYC Failings
The Reserve Bank of India (RBI) has imposed a fine of around $650,000 on Paytm Payments Bank for Know Your Customer (KYC) requirements lapses.
Last...
Japan’s payments clearing network goes down
A day-long outage at Japan's interbank clearing network caused 1.4 million money transfers by customers of the country's 11 largest banks to be in...
Starling Bank eliminates monthly fees for children
Starling Bank is eliminating the £2 monthly fee for its Kite debit card and app for children following research that revealed the UK's young...
EPI unveils digital wallet ‘wero’
Originally established to create a European alternative to Mastercard and Visa, the European Payments Initiative has chosen 'wero' as the name for its upcoming...
UBS launches completely digital product line
Multinational investment bank and financial services company, UBS is launching its completely digital product line targeting digital-savvy younger users in Switzerland. Dubbed UBS key4,...
Amaiz introduces app-based banking service for UK ‘solopreneurs’
UK-based startup Amaiz has announced the launch of a specialist banking app for freelancers, gig workers, entrepreneurs, and contractors.
The all-in-one business banking app aims...
UOB launches new digital bank in Thailand
United Overseas Bank has launched the mobile-only bank dubbed TMRW hoping to win the Millennial crowd and ease their banking experiences.
With its pure-play 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 personalized experience...
Monzo appoints former head of Northern Rock as chairman
UK based digital bank Monzo has hired former chief executive of collapsed lender Northern Rock, Gary Hoffman as its new non-executive chairman.
The appointment comes months...
