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Category: Retail banking


Capital and risk, Operational, Products, Retail banking

Coinbase promises real-time settlement on virtual currency purschases from US bank accounts

October 13, 2017

Via: Finextra

We are excited to announce the ability for customers to instantly purchase digital currency using a US bank account. Previously, customers who purchased using a bank account had to wait several days before receiving their digital currency. Customers can now […]


Products, Retail banking

Lemonade platform now “open to the world” with API

October 11, 2017

Via: Banking Technology

“We’re opening up the Lemonade platform to the world!” says Shai Wininger, co-founder of Lemonade, a US-based insurtech firm. “For the first time, developers will be able to easily incorporate insurance into their own experience, alongside their main products,” he […]


Capital and risk, Operational, Products, Retail banking

Wells Fargo launches mobile “tap and pay” functionality at 5,000 ATMs

October 11, 2017

Via: Banking Technology

More than 5,000 ATMs of Wells Fargo (40% of its ATM network) now have near-field communication (NFC) enabled mobile wallet capability – i.e. the bank’s debit card customers can now “tap and pay”. The bank says it aims to upgrade […]


Capital and risk, Credit, Products, Retail banking

Hey big lender! Finastra, R3 and seven banks have blockchain plan

October 5, 2017

Via: Banking Technology

Finastra, R3 and seven banks – including BNP Paribas, BNY Mellon, HSBC, ING and State Street – are working together to create a blockchain-fuelled online marketplace for the syndicated loan market. Underpinned by Corda, R3’s distributed ledger technology (DLT) based […]


Products, Retail banking

Timex and Barclaycard collaborate to create contactless payment watch

September 29, 2017

Via: Banking Technology

Timex and Barclaycard have partnered in true style to produce a new range of contactless payment watches. The Fairfield Contactless promises to be a perfect fusion of style and smart functionality. Coming in at a retail price of £159, it’s […]


Products, Retail banking

Report: JPMorgan Most Popular Brand, U.S. Bank Most Loyal Customers

September 25, 2017

Via: ABF Journal

Brand Finance conducted research on bank brands in 22 markets to see how customers’ opinions have changed in an era of major disruption to the industry. David Haigh, CEO of Brand Finance, commented, “As global banks retreated after the Great […]


Products, Retail banking

Insiders love these 14 retail stocks hit by the Amazon.com wrecking ball

September 22, 2017

Via: Market Watch

It’s no fun being a contrarian when investors are fleeing retail stocks on worries about the damage Amazon.com is doing to this sector. Case in point: Late last May I liked Advance Auto Parts AAP, -1.07% at around $134, on […]


Products, Retail banking

Big tech eyes up banking

September 20, 2017

Via: Finextra

Mark Rodrigues, senior adviser at New York-based M&A advisory firm Arma Partners, analyses the prospect of Google, Amazon, and other large-cap tech players making acquisitions to establish themselves as dominant forces within the financial services sector The paper asks: “What […]


Channels, Products, Retail banking

First Data and Valley National Bank ink referral deal

September 15, 2017

Via: Finextra

Today First Data (NYSE: FDC), a global leader in commerce-enabling technology, and Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NYSE:VLY), announced that they have entered into a long-term agreement to provide secure commerce solutions for the bank’s […]


Products, Retail banking

Banks and Credit Unions That Offer Free Checking Accounts

September 11, 2017

Via: GOBankingRates

Whether you’re looking for your first checking account or want to switch to a different one, the number of choices can be overwhelming. Start by looking for a free checking account. Free checking accounts are a great deal — and […]