Mobile

New Revolut feature to block pickpockets and phone snatchers from accessing customer savings ahead of summer travel season 

Revolut, the global FinTech with over 8 million UK customers and 40 million globally, has introduced Wealth Protection, an extra layer of in-app identity verification, designed to prevent thieves from accessing customer savings within the Revolut app....

Three UK continuously enhances customer protection against scams and nuisance communications 

Three UK has blocked more than 173 million spam texts, equivalent to 10,000 every hour of the day, in the last two years, as part of its efforts to protect its customers from rising online fraud.   The progress follows Three becoming the first UK...

Putting easy access to insurance at everyone’s fingertips: Dootrix announces strategic partnership with Confused.com  

Microsoft Azure specialist Dootrix, has announced a strategic partnership with Confused.com to streamline its mobile insurance app and provide a roadmap of new features to enhance the user experience.  Leveraging Dootrix’s digital and data...

New research shows that poor PIN hygiene leads to 62% of phone theft victims in the UK facing further financial loss and data breaches 

Nuke From Orbit, a FinTech startup headquartered in the UK, has unveiled findings from its latest research report, shedding light on a concerning trend in smartphone thefts. The report indicates that in 62% of cases of smartphone thefts in the UK, the...

NFC technology driving shift from contactless card to device first approach; ABI Research 

NFC Forum has announced the publication of its bi-annual Near Field Communication (NFC) Usage and Adoption Study. The study, conducted by ABI Research, highlights the accelerating migration from physical to digital wallets, with more than 80% of those...

What emerging technologies or trends do you see shaping the future of mobile banking, and how can financial institutions leverage them? 

Introducing this month’s Editor’s Question is Chris McGee, Managing Director of the Financial Services Consulting Practice at AArete.  Consumer adoption of mobile banking continues to accelerate, with US customers now using mobile apps more...

Cash versus digital: The challenge for merchants

Visa unveiled the results of an independent study titled Value of Acceptance, which explores merchants’ attitudes towards digital payments and the impact of digital commerce on small businesses and retailers in the UAE. According to the study, more...

MoneyGram Haas F1 Team selects EY to implement Microsoft Dynamics solution 

MoneyGram Haas F1 Team has selected EY to implement its Microsoft Dynamics 365 Finance and Supply Chain solution.   EY will provide consulting services to support Haas adopt a greater system functionality through the Microsoft Dynamics platform....

Introducing a mobile-first investor experience disrupting REITs 

Groundfloor, an award-winning investment technology platform with over US$1 billion in investment volume, is announcing the launch of its next-generation investing experience: Groundfloor 3.0. This innovative platform, born from a decade of insights from...

Bloxcross and GoDirectPay release ‘game-changing’ mobile payments app  

Bloxcross, a premier payment solutions provider, and GoDirectPay, an e-payment expert, have collaborated to launch a mobile application that ‘revolutionises’ global payments. This custom-built app aims to redefine the landscape of financial...

Five ways mobile apps are revolutionising the finance industry 

Nick Black, CCO of Apadmi, highlights some noteworthy trends in the mobile finance app industry that are re-shaping the way people manage their finances.   These trends have collectively created an evolution in the world of financial services....

BT Group partners with Adyen to transform business payments with Tap to Pay on iPhone 

BT Group has announced that its digital and startup incubation arm has forged a partnership with Adyen, the global financial technology platform that enables small business customers to accept in-person contactless payments with Tap to Pay on...