Now, Direct Banking channels account for 83% of all transactions of the Turkish bank January 6, 2017: Having entered the Turkish banking industry at the end of 2012, Odeabank maintained steady growth and continued to solidify strong achievements. It capitalised on its competitive strength to rank 8th among private deposit banks and 9th in total...
Alipay ropes in Zapper as mobile partner to enable over 250,000 Chinese visiting the UK to use the app in over 1,000 locations nationwide October 13, 2016: Alipay, the world’s leading mobile payment platform run by Ant Financial Services Group, has partnered with Zapper, the fast growing consumer insights and marketing platform which is enabled...
Interview with Cezary Kocik, Vice-President of the Management Board, Head of Retail Banking, mBank Suparna Goswami Bhattacharya October 3, 2016 What factors led the transition of BRE Bank from a corporate bank to retail banking and eventually mBank? When BRE Bank decided to establish its retail business, Poland was just past a decade of transition....
The Open Banking Standard Group seems to be making headway in bringing more transparency and openness to the sector Winston Bond September 16, 2016: It has long been held that the workings of the financial sector are so opaque that the average person is more likely to get a divorce than to switch banking providers....
MYPINPAD announces new campaign to explore how consumers feel about convenience versus security in online commerce August 9, 2016: Recent news reports about increased levels of fraud across the likes of Amazon Prime, Uber, eBay and Vodafone have opened up a debate on whether the digital commerce industry has compromised consumer security in favour of...
There is more than 50% increase in deals YOY August 1, 2016: Jumio, the leading digital ID verification company, announced record results for Q2 2016, with a greater than 65 per cent growth in recurring revenue year-over-year, and a record 30 million transactions completed to-date. Jumio’s customer base continues to expand, closing more deals than...
CEO Gene Pranger offers inside look at BankOn Mobile Video July 22, 2016: Financial Town demonstrated the banking industry’s first overseas mobile video transmission at the 2016 World Credit Union Conference in Belfast, the capital and largest city of Northern Ireland. The broadcast, from Belfast to the United States, marks the first mobile video banking call...
Contactless and mobile pay capabilities to bring speed and convenience to Aldi customers July 5, 2016: Verifone announced that it will provide Aldi France with 3,200 payment devices designed to accept all cashless payments including contactless and mobile wallets. Aldi France operates 900 retail locations and is a unit of Group Aldi, a leader in...
Olexandr Dubilet, Chairman of the board of PrivatBank, on how the bank is coping with the turmoil in the region Suparna Goswami Bhattacharya May 17, 2016 How is the financial sector doing in the context of the current political and economic instability in Ukraine? The economic situation in Ukraine is determined by several factors. First,...