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189 stories
Top five British banks are poised to sign Tech Nation’s ‘Fintech Pledge’ to accelerate growth of UK’s fintech sector by bridging the gap between the two parties. The Fintech Pledge is designed by the Fintech Delivery Panel with support from the UK government’s HM Treasury (HMT). The aim of the pledge is to boost UK’s […]
Banque Saudi Fransi and Mastercard have rolled out the world’s first Priceless Mastercard Credit Card for their ultra-high-net-worth (UHNW) customers. BSF launched the elite Priceless Card during a private customer event hosted at Al Ula UNESCO World Heritage Site earlier this year. It is part of Mastercard’s two-year old “Start Something Priceless” campaign, which encourages people to […]
Boeing will be eligible for a $ 500 million distribution by Treasury Minister.
Goldman Sachs Group Inc (GS.N) plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, bolstering its ability to secure deals worldwide, said two people with direct knowledge of the matter. Undeterred by a coronovirus epidemic in China that has cast a shadow over the global economy, the Wall […]
Citi appears to have downplayed Google’s involvement in the new checking account, which is set to launch next year and announces the internet giant’s much-expected move into banking services. The US bank sees the association with Google as a key selling point in launching a digital bank account into a crowded and complex market but will be […]
PayPal has agreed its largest ever acquisition – a $4 billion deal to buy Honey Science Corporation, the firm behind a browser extension and app that helps people find online shopping rewards and deals. Founded in 2012, Honey is best known as a popular discovery tool that helps consumers find savings as they shop online. […]
Which? has compared the online security of 12 of the UK’s biggest banks, with NatWest coming out on top. The consumer affairs body has tested the security of providers’ online banking based on login, encryption, account management and navigation. NatWest’s score of 83% was the best return by a comfortable margin, with Nationwide in second […]
HSBC is inviting early adopters to join a beta test of its forthcoming app-only business banking offshoot Kinetic. The bank is joining the growing wave of UK financial institutions rolling out app-based business banking services. With neobanks such as Starling, Monzo and Revolut already shaping their offerings, established institutions such as Nationwide and RBS – […]
Facebook is taking on Venmo, Apple Pay and others with a consolidated payments service that works across its main app, Messenger, Instagram and WhatsApp. People have been able to make purchases and send money to each other through Facebook’s various apps for some time but the new Facebook Pay service promises to make the experience […]
JPMorgan Chase has moved to bolster its valuable wholesale payments business by building an e-wallet that lets e-commerce and gig economy firms such as Amazon and Airbnb offer their customers virtual bank accounts. With technology giants increasingly moving in on banks’ turf, JPMorgan Chase has decided that its best option is to help them do […]
UK fintech Curve is now allowing its users with Android-operating devices to shop with Google Pay. The ‘over-the-top’ banking platform provides its users with a single Curve card which can make payments from any other bank card they have. Curve’s integration with Google Pay means its users will be able to link all their bank […]
International fintech entrepreneurs are watching the local financial technology sector closely and warn Australia may not be prepared for the new world of banking just around the corner. Next February, Australia’s “consumer data right” will be put into action when banks will be required to share customer information on a range of products including mortgages […]
