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Bank of America expands commercial contact-free payments

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...

Banking tech startups find new business opportunities as banks digitise systems rapidly

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 signs a major strategic commercial acquiring alliance with ANZ Bank

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 probes NFC payments

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...

Temenos to support ClearBank with cloud-based payments platform

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...

Citi Retail Services announces new strategic agreement with Meijer

Citi Retail Services announced a long-term agreement to provide private label and co-brand credit card services for Meijer. The privately-owned and family-operated Midwestern retailer has more than 245 supercenters throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. The agreement with...

Intellicus and Modus announce technology partnership to deliver next-gen analytics to banks

Intellicus Technologies, a leading provider of business intelligence and analytics solutions, and Modus Information Systems, a pioneer in IT services to banks, have come together to launch a powerful banking analytics solution. The solution branded as ModusBI, is built on...

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