A Perfect Storm of Opportunity in Mobile Banking

It’s been a decade since the Apple iPhone’s App Store came online, bringing with it an entirely new engagement channel for businesses, and changing how consumers everywhere interact, play, and shop. The intervening time has seen cycle after cycle of explosive mobile fragmentation, followed by consolidation. Standalone apps launched for every

HSBC highlights the six new banking careers of the future

HSBC is preparing for the ongoing revolution in banking, highlighting six new types of jobs that will be necessary to forge a career in a digitally-enabled financial services industry. The global bank, which recently committed to a $17 billion tech spend as part of a new growth strategy, is currently recruiting

Gaming group Razer moves into mobile payments

Global gaming group Razer has launched a mobile wallet in Malaysia targeted at millennials. The Razer Pay wallet, developed in conjunction with Malaysian congolomerate Berjaya Corporation Berhad can be topped up at 7-Eleven stores and via bank transfer from online accounts at AmBank, Bank Islam, CIMB, Hong Leong Bank, Maybank, Public

Cryptocurrency Visa card startup buys Crypto.com domain

Monaco, the startup behind a cryptocurrency Visa debit card, has rebranded after forking out millions of dollars on the Crypto.com domain name. Crypto.com was registered in 1993 by Matt Blaze, a University of Pennsylvania professor of computer and information science. With the crypto craze gathering momentum in recent years, Blaze has

FCA to Publish Cryptocurrency Review – The Fintech Times

The Financial Conduct Authority (FCA) has announced its intention to outline its views on cryptocurrencies later this year, as revealed in its business plan for 2018/19. The UK’s financial regulator noted cryptocurrencies have been “an area of increasing interest for markets and regulators globally” and acknowledged the Treasury Committee’s intention to

EBA warns big banks falling behind on tech

Incumbent banks with bad loans and legacy systems risk being left behind by less encumbered challengers, according to the European Banking Authority (EBA). The European banking watchdog assessed FinTech risks and opportunities in the sector, stating that problems are “particularly challenging for some large complex incumbents” which have “a very

We’re All Subsidizing People Who Use American Express

The issue: Merchants pay a percentage of each charge to credit card companies. When American Express forms contracts with retailers, the credit card company prohibits retailers from encouraging shoppers to use other cards that charge lower fees. For instance, merchants who accept Amex card payments can't offer shoppers different prices