Starling Bank expands to offer business accounts

starling bank

Starling Bank, one of the first banking challengers to offer a mobile-only current account in the UK, is expanding into the business market.

Digital drives DNB to cut branches and staff numbers


DNB will close more than half its branch offices and lay off 600 employees as the rise of digital banking takes its toll on the physical world. The Norwegian bank says “almost all” of its customers have become digital and points to the success of its Vipps app – the number one downloaded app in […]

Number26 and TransferWise partner for international money transfers

Number26 co-­founder and CEO Valentin Stalf

German digital bank Number26 and TransferWise, a UK-based international money transfer platform, have teamed up to provide Number26 customers with direct “in­-app” access to TransferWise’s service. Number26 co-­founder and CEO Valentin Stalf says the company wants banking products to be “accessible to customers with one tap, creating a fintech hub inside the Number26 app”. The […]

Fifth Third Bank fingerprints iPhone banking

Letter P logo icon fingerprint style and long shadow

Fifth Third Bank is introducing Touch ID biometric capabilities to its mobile banking app for the iPhone. Touch ID allows fingerprint authentication for enabled devices, letting customers log into their Fifth Third app with their fingers or thumbs instead of a password. The Bank’s fast mobile app allows people to check balances, transfer funds and […]

NAB Pay rolls out on Android smart phones

Mobile payments

NAB has launched its new mobile payment service NAB Pay, designed to enable customers to use their mobile phone to make purchases, without the need for a physical card. Customers with a compatible Android mobile device and a NAB Visa Debit Card have been able to start using NAB Pay from 25 January, available as […]

Electronic payment volumes and security fears rocket

Data breach concept image with business icons and

A survey of more than 3,700 IT security practitioners from more than a dozen major industry sectors found 54% of those firms surveyed had a security or data breach involving payment data, on average four times in past two years.​ The research, independently conducted by the Ponemon Institute on behalf of digital security firm Gemalto, also […]

Spain’s Caixa Bank launches mobile-only bank aimed at Millennials

CaixaBank is targeting younger consumers with its Facebook-friendly mobile bank

CaixaBank is launching imaginBank, Spain’s first mobile-only bank providing banking services exclusively through mobile apps and social networks.

Mobile banking customers demand new features

Mobile banking apps need more features says First Data

One in three retail banking customers feel their mobile banking app is not as good as online banking through a browser, according to a new study by ecommerce company First Data in the UK. The figures also revealed that more than half still have yet to use a mobile banking app – suggesting that there may be both an unmet demand for more functionality in mobile apps, and a need to convince the remaining consumers of their value.

Half of UK online transactions now made on a mobile device

Mobile devices in the UK now account for half of all online transactions

Mobile transactions continue to increase their share of the market, accounting for up to half of online transactions, according to a new report by global payments technology company Adyen.

Getting ready for mobile payments

Tobias Schreyer is co-founder at the PPRO Group

With the penetration of mobile devices, such as smartphones and tablets constantly growing, attention is increasingly turning to mobile marketing, mobile commerce and mobile payments. It is still the case, however, that these trends are largely played out in specialised media, and do not influence the actual behaviour of consumers. This is especially true for mobile payments, with consumers very sceptical about this concept