Retail BankingRSS

Sberbank picks software and service providers for major tech overhaul


Russia’s largest banking group, Sberbank, has concluded its tender to find software and processing systems developers to revamp its retail and corporate banking tech.

Visa Developer opens up payments technology

Mobile payments

Visa Developer, will offer software application developers will open access to Visa’a payments technology, products and services. The new Visa Developer platform is designed to help financial institutions, merchants, and technology companies meet the demands of consumers and merchants, who increasingly rely on connected devices to shop, pay and get paid. At launch, the new […]

Cashless payments plateau is stats mirage: Deutsche Bank

hand holding mobile phone with mobile payment application

European Central Bank (ECB) figures appear to show that cashless payments transaction volumes in 2014 remained flat at 68 billion payments. However, Deutsche Bank analyst Heike Mai, who specialises in payments and shadow banking, has published a report that corrects this conclusion. Entitled ‘Payments in the euro area: Are they stagnating? – No!’ the report […]

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 […]

HSBC hit by denial-of-service attack

Tastatur Enter Service blau

The online retail services of HSBC have been brought down in a distributed-denial-of-service attack according to the bank. Online services were inaccessible to clients, the second online service problem the bank’s customers have faced this month, following a two-day outage earlier in January that the bank reported was not caused by a cyber-attack. Concern about […]

Digital Disruption: Customer-Driven Innovation in Retail Banking

Misys Webinar Banner 640wx170h   Digital innovation is disrupting the retail banking industry worldwide. Many perceive the trailblazers to be the hot start-ups – creative, legacy-free, pioneering the latest digital and analytics technologies. But established ‘traditional’ banks have the opportunity to reinvent or reinvigorate their brands in the digital world – with an already captive audience and decades […]

Retail banking innovations steal show at Wincor World

Held near the German city of Dusseldorf, Wincor World showcased improvements and innovations in retail banking

Drive-through ATMs that provide video chat with a bank advisor, the debate over the relationship between ATMs and NFC contactless payment, and the possibilities for improving the efficiency of cash systems – all are on display at Wincor World in Rheda-Wiedenbrück, Germany, this week.