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Category: Products


Channels, Products, Retail Banking

Lloyds adds new social sharing features to mobile app

September 16, 2019

Via: Finextra

Whether it’s paying a friend for a pizza or contributing to a taxi fare, the new service allows customers to instantly alert their contacts when a payment has been made. New search tool features enable customers to review all of […]


Products, Retail Banking

RBC opens robo-advisory service to cash-poor customers

September 13, 2019

Via: Finextra

Rajan Bansi, senior director, Investments & Advice, RBC InvestEase, says the change reflects learnings since the national launch of RBC InvestEase last November. “We know there are Canadians who want to invest, but don’t feel they have enough money or […]


Business Banking, Products

Mastercard gets more serious about commercial payments with new offering

September 12, 2019

Via: Market Watch

Mastercard Inc. is stepping up its efforts in commercial payments, announcing its new Mastercard Track Business Payment Service in conjunction with its investor day on Thursday. The new service could help Mastercard MA, -0.87% take a bigger piece of the […]


Business Banking, Products

U.S. Bancorp (USB) Acquires Talech, To Boost Digital Banking

September 10, 2019

Via: Yahoo

U.S. Bancorp USB recently completed the acquisition of Talech, a Palo Alto-based software company, thus taking another step toward digital banking, which has become essential in the technology-driven environment. Financial terms of the deal, however, remain undisclosed. Talech works to […]


Products, Retail Banking

What sets the Apple credit card apart? It wasn’t created by a bank, company says

September 10, 2019

Via: Market Watch

It has become obvious that Silicon Valley is going to disrupt the banking business. First, it was the likes of Paypal. Then, Facebook FB, +0.68% with the Libra digital currency. And now it’s Apple AAPL, +0.43% with Apple Card. According […]


Products, Retail Banking

Retail credit cards are squeezing the financially vulnerable as their delinquency rate rises — how to avoid this mistake

September 5, 2019

Via: Market Watch

For the past two months, Becky Beach, an avid shopper with a low credit score, has found herself trapped in the “shop more, earn more points” game that retailers play. Beach, a 37-year-old stay-at-home mom, has been overdue on two […]


Products, Retail Banking

The U.S. Payment Card Market Tops $6 Trillion Commercial Cards Account for 23%

September 5, 2019

Via: PR Newswire

CARPINTERIA, Calif., Sept. 5, 2019 /PRNewswire/ — Commercial and consumer credit, debit, and prepaid cards issued in the U.S. generated $6.130 trillion in spending for goods and services in 2018, according to The Nilson Report, the leading card and mobile […]


Business Banking, Products

Volkswagen Bank choose OneSpan for cybersecurity

September 3, 2019

Via: Banking Technology

The partnership will see Volkswagen use OneSpan’s mobile application security to protect its financial transactions and secure compliance with the Second Payments Services Directive (PSD2). OneSpan, which works with half of the top 100 global banks, has created a bespoke […]


Capital and Risk, Operational, Products, Retail Banking

Credit Suisse to reduce reliance on branch network, invest millions in digital

August 27, 2019

Via: Finextra

Following a trend seen throughout Europe and North America, Credit Suisse is making significant changes at its Swiss Universal Bank (SUB) to tackle a new environment shaped by growing pressure on margins, digitisation, new rivals and evolving, tech-focused customer needs. […]


Products, Retail Banking

New US banking service launches for international students

August 23, 2019

Via: Banking Technology

The Pie News reports that North Loop, whose checking accounts and debit cards are issued by partner Evolve Bank and Trust, has been set up by a former international student in order to combat the financial problems overseas students face. […]