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Labour set to block branch closures

  • Author: Patrick Brusnahan
  • Published: 16 May 2017

In its manifesto launched today, the Labour Party suggested that new regulation will be put in place to block branch closures if it wins the general election.. read more

Winners of 2017 Global Retail Banking Awards revealed

  • Published: 12 May 2017

Retail Banker International (RBI) is delighted to announce the recipients of the 2017 Global Retail Banking Awards, sponsored by Fiserv. read more

Metro Bank records 33% growth in Q1

  • Author: Patrick Brusnahan
  • Published: 26 Apr 2017

In its first quarterly report of 2017, Metro Bank recorded 33% growth in underlying profit before tax, hitting £2m ($2.56m) from £1.5m at the end of 2016. read more

Could the general election save bank branches in the UK?

  • Author: Patrick Brusnahan
  • Published: 18 Apr 2017

UK Prime Minister Theresa May has announced an early general election to be held on 8 June. If the election is won by the current opposition, the Labour Party, it could the life raft that bank branches need. read more

Millennials still desire the human touch

  • Author: Patrick Brusnahan
  • Published: 25 Jan 2017

While many financial experts rave on about millennials desire for the digital realm, some traditional methods are preferred by the much sought after segment.. read more

Bank Leumi readies Pepper: Israeli digital-only bank launch

  • Author: Douglas Blakey
  • Published: 16 Jan 2017

Bank Leumi is gearing up to launch its stand-alone digital-only bank Pepper in the first quarter offering current and savings accounts, lending products and a P2P payments app, all targeted at Israel’s millennials.. read more

PrivatBank nationalised by Ukrainian government

  • Author: Patrick Brusnahan
  • Published: 19 Dec 2016

The Ukrainian government has acquired 100% of the shares of PrivatBank to place the country’s largest deposit holder under temporary administration.. read more

Monitise signs up multiple partners to form new FINKit Partner Programme

  • Author: Douglas Blakey
  • Published: 16 Nov 2016

It has been some time coming but worth the wait: Monitise’s FINKit has hit the ground running by forming a Partner Programme with founding partners MasterCard, BehavioSec, Currencycloud, Envestnet, Yodlee, Experian, fastacash, FICO, HID, iGeolise, LivePerson, MYPINPAD, Syniverse, and WorldFirst.. read more

Fujitsu launches customer onboarding solution

  • Author: Patrick Brusnahan
  • Published: 15 Nov 2016

Fujitsu has launched Smart Origination, customer onboarding technology which claims to enable financial institutions to collect, process and verify documents in less than five minutes.. read more

Scotiabank scores Canada first with digital account opening for SMEs

  • Published: 19 Oct 2016

Scotiabank has become the first of the major Canadian banks to launch a fully online account opening process for SME’s.. read more

Lloyds axes a further 1,340 jobs

  • Author: Patrick Brusnahan
  • Published: 12 Oct 2016

Lloyds Banking Group (LBG) has announced a further reduction of 1,340 jobs, mainly aimed at branch staff, as part of an ongoing programme from the bank’s chief executive, Antonio Horta-Osorio.. read more

Scotiabank’s Tangerine to launch Digital Onboarding

  • Author: Jessica Longley
  • Published: 26 Jul 2016

Scotiabank’s direct banking subsidiary, Tangerine, is launching Digital Onboarding, an improved signup experience that provides an easier, faster and secure way for clients to begin banking with Tangerine.. read more

VocaLink finally captured by MasterCard

  • Author: Patrick Brusnahan
  • Published: 22 Jul 2016

After months of speculation, MasterCard has entered into a £700m ($920m) agreement to acquire VocaLink. VocaLink’s investors could also receive a potential £169m earn-out if performance targets are met.. read more

Standard Chartered to launch video banking to Asia, Africa and the Middle East

  • Author: Jessica Longley
  • Published: 21 Jul 2016

Standard Chartered (StanChart),the UK-headquartered bank focused on emerging markets, is to roll out video banking to more than five million clients in nine markets across Asia, Africa and the Middle East.. read more

Scotiabank’s international retail banking digital drive gathers pace

  • Author: Douglas Blakey
  • Published: 19 Jul 2016

Scotiabank has seen strong performances at its subsidiaries in the Pacific Alliance -Chile, Colombia, Mexico, and Peru region.. read more

Digital transformation could improve bank-client relationship

  • Author: Jessica Longley
  • Published: 4 Jul 2016

A Youbiquity Finance research run by BT and Avaya, found that by focusing on digital transformation, banks could deliver better services and improve customer relationships. Convenient digital services such as video chat could help people better understand financial products and improve trust.. read more

Nobody knows what to beLeave

  • Author: Patrick Brusnahan
  • Published: 28 Jun 2016

Following the UK’s decision to leave the European Union (EU) due to the country’s latest referendum, predictions for the future are plentiful. Many forecasts are negative, but the Leave.eu organisation believes there is a ‘great deal’ to be happy about. This needs to be taken with a pinch of salt. Patrick Brusnahan writes. read more

Zapp to launch at last

  • Author: Jessica Longley
  • Published: 9 Jun 2016

After a number of negotiations and push backs, VocaLink announced today a partnership with Barclays and Lloyds Banking Group to launch its “Pay by Bank” app. Set to first be made available to Barclays customers this Autumn, and Halifax and Bank of Scotland 2017. read more

iZettle celebrates 5th birthday with lower pricing model and new features

  • Author: Douglas Blakey
  • Published: 8 Jun 2016

Sweden-headquartered mPOS vendor iZettle is five today. It is celebrating its birthday with the launch of a a number of improvements designed to help small businesses sell smarter and keep growing.. read more

Fear over trust and identity is stifling the sharing economy

  • Author: Jessica Longley
  • Published: 1 Jun 2016

More than a third (34%) of consumers will not conduct a sharing economy transaction without having assurance about the identity of the other party in the transaction, according to a recent survey conducted on behalf of HooYu by Atomik Research. read more

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