Banking

Bitcoin is known as the first-ever digital money successfully built on blockchain technology, a decentralized electronic cash system that many think aims to replace centralized financial institutions such as banks. However, Bitcoin creator Satoshi Nakamoto, known in the real...

Bank of America has expanded its mobile wallet capabilities for corporate clients in EMEA and APAC. The bank first launched mobile wallet in the United States and Canada in 2018, and this expansion makes it the first commercial bank...

Virgin Money has partnered with financial and accounting software provider Codat to strengthen its digital business banking offering. Codat’s financial technology offering would facilitate the easy and secure exchange of data between Virgin Money and its business bank customers. Under the...

COVID-19 has been sympathetic to the cause of technology companies as manual processes have moved to digital at a faster pace through 2020. Some techies prefer to identify the pandemic as a watershed moment in the use of technology...

Worldline has signed a major strategic commercial acquiring alliance with ANZ Bank, one of the largest banks in Asia-Pacific and Australia’s 3rd largest acquirer with a 20% share of transaction volumes processed in Australia. Australia is a highly attractive and...

The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to NFC payments functionality on some devices violates domestic laws. In a statement, ACM noted many phones...

UK-based clearing bank ClearBank has entered into a strategic partnership with Temenos, a Swiss banking software developer, to leverage its cloud-based payments platform. ClearBank aims to provide banks with access UK payment systems and a quick way to market for...