Uber takes SoftBank investment and drives changes


Uber is to accept an investment of up to $1.25 billion from Japan’s SoftBank and usher in new governance rules aimed at reining in former CEO and co-founder Travis Kalanick.

App it. The future of banking

Paul Rippon, Monzo

This morning I was having breakfast with a colleague. I paid the bill, and he sent me his share of the bill using our Monzo app. Before we’d walked out of the café, the money was in my account. Simple!

App economy dodges bullet as Uber wins in court


It’s a rare ray of sunshine for the under-fire Uber, as it won a key battle as the US Second Court of Appeals ruled its Terms and Conditions (T&C) were legally binding, reports Telecoms.com (Banking Technology‘s sister publication). Uber has proved to be a difficult ally to have in recent months with the firm facing […]

Softbank eyeing major stake in Uber


Japan’s Softbank is said to have begun talks with Uber about taking a multi-billion-dollar stake in the ride-hailing business.

Barclaycard gets Uber momentum


Barclaycard and Uber have agreed a new commercial agreement that will see Barclaycard customers get “exclusive offers” when they use their personal card to pay for their Uber rides. The deal means Barclaycard’s personal credit card customers can get a free Uber ride, up to the value of £15, for every ten that they take […]

Why the Uberisation of the banking industry can’t come soon enough

Ian Wood, Lippincott

Building emotional bonds with customers is a strategic imperative, and why the change programmes currently being undertaken at banks need to recognise the hidden lessons of Uber.

Uber rides into Mexico debit card arena


Uber has teamed up with MasterCard and Mexico’s first online bank, Bankaool, to launch its own debit card. The latest deal is Uber’s ride deeper into the fintech space. It recently partnered with Standard Chartered to offer the bank’s credit cardholders cashbacks on Uber rides. The UberCard in Mexico is linked to a Bankaool bank […]

Standard Chartered customers taken for an Uber ride


This time we have a genuine Uber moment in fintech. Standard Chartered and Uber are partnering to offer the bank’s credit cardholders cashbacks on Uber rides. This is the “first ever multi-market partnership” for both of them. The deal is for six markets – Singapore, Indonesia, Malaysia, Vietnam, India and the United Arab Emirates – […]

Payments round-up: 1 September 2016

Banking Tech 2

Brevity is the goal of this. Here’s a round-up of events in the payments space to save you time. Let’s start off small… as in Small World FS. The London-based payment service provider reached a milestone with 50 million transactions processed on behalf of its customers. The firm’s been around for ten tears and says […]