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Taiwan fines Qualcomm $773m for antitrust violations

Qualcomm 1

US mobile chip giant Qualcomm has been the recipient of yet another fine for claimed anti-competitive business practices, reports Telecoms.com (Banking Technology‘s sister publication). This time it’s Taiwan, where its Fair Trade Commission (TFTC) has concluded that Qualcomm abused its dominant position in the mobile chip market for at least seven years by refusing to […]

Ovamba and Microsoft team for first African language driven chatbot

Ovamba

Fintech firm Ovamba says it is working with Microsoft to create “the first African language driven chatbot designed to serve the millions of African SMEs who face exclusion from financial services due to the challenges of functional and business literacy”.

O-Bank goes all-digital with Avaya’s tech

O-Bank goes all-digital

US-based tech company Avaya says it has helped O-Bank to become “Taiwan’s first, all-digital, online-only bank”.

Corporate client self-onboarding

digital

Know this feeling when you are asked by a check-in clerk where you’d like to sit on a plane? A torrent of thoughts rushes through your head: being able to see the actual seat map with available options would make your choice much easier. Otherwise it’s kind of like a child describing his/her favourite movie.

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

Wells Fargo tap and pay

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”.

Openbank goes for Temenos T24 core banking system

Openbank in core banking system selection

Openbank, a digital banking subsidiary of Santander, has made its new core banking system decision – the bank has opted for Temenos T24. Infosys with its Finacle offering lost out in the final.

Payments round-up: 10 October 2017

flat vector for business mobile payment concept and  digital marketing with business e commerce concept

Payment services are all the rage this week, here’s a rundown with this week’s round-up. Featuring Paynear, GoSwiff, BBVA, Omnia Pay and Huawei.

Around Fintech in 8 Hours – new online course launched by CFTE

Around Fintech in 8 Hours

Centre for Finance, Technology and Entrepreneurship (CFTE) has launched a fintech foundation course – Around Fintech in 8 Hours – “designed to give professionals working in the finance industry a solid understanding of how technology is redefining the provision of financial services”.

GPS goes for luxury payments with wearables for Armillion

Armillion

Global Processing Services (GPS) has announced an agreement with luxury jewellery brand Armillion to incorporate contactless payment technology into its exclusive high-end bracelets.

Infographic: the world’s most cashless countries

Cashless Infographic

What countries among the 20 largest economies are adapting quickest to using cashless systems like phones and contactless cards? New research (and nifty infographics) from global trading site Forex Bonuses reveals that Canada takes the top spot, narrowly edging out Sweden for the top position.

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