mobile banking

Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.).

Egypt’s Central Bank Approves Instant Payment Regulations

Egypt’s Central Bank Approves Instant Payment Regulations
Egypt’s Central Bank Approves Instant Payment Regulations
November 08, 2021  |  Real-Time Payments

Egypt residents can now make instant electronic payments between bank accounts using their mobile phones, thanks to newly approved regulations by Egypt’s central bank, according...

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New Data: 42% of US Consumers Worry About Security of Bank Account Credentials Shared with Third Parties
New Data: 42% of US Consumers Worry About Security of Bank Account Credentials Shared with...
November 02, 2021  |  Banking

Banking convenience was once considered stopping at an ATM to grab cash or check the balance in an account. These days, many third-party portals and...

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It’s Time To Shore Up User Authentication As Digital Identities, Payments Converge
It’s Time To Shore Up User Authentication As Digital Identities, Payments Converge
October 29, 2021  |  Authentication

The global use of smartphones has transformed consumers’ transactions with their preferred financial institutions (FIs), merchants and service providers. As consumers increase their use of...

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Bitcoin Daily: Singapore FinTech Nium Debuts Crypto-as-a-Service Platform; BlockBank Readies Launch of DeFi App Powered by AI
Bitcoin Daily: Singapore FinTech Nium Debuts Crypto-as-a-Service Platform; BlockBank Readies Launch of DeFi App Powered...
October 26, 2021  |  Bitcoin

Nium, which works in global payment and card issuance for businesses, has rolled out a Crypto-as-a-Service (CaaS) solution to allow financial institutions (FIs) to add...

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Wells Fargo to Release AI-Powered Virtual Assistant, Updated Mobile App in 2022 
Wells Fargo to Release AI-Powered Virtual Assistant, Updated Mobile App in 2022 
October 26, 2021  |  Mobile

Wells Fargo & Company will begin launching its updated mobile app in early 2022 and will release an all-new artificial intelligence-powered virtual assistant, Fargo, later...

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Kakao Pay’s Seoul IPO Raises $1.3B at Top of Range
Kakao Pay’s Seoul IPO Raises $1.3B at Top of Range
October 22, 2021  |  IPO

South Korea’s biggest digital payments platform Kakao Pay raised $1.28 billion in an initial public offering (IPO) priced at the top of its range, according...

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Digital Bank Lunar Snags Payments Platform Paylike 
Digital Bank Lunar Snags Payments Platform Paylike 
October 19, 2021  |  Partnerships

Danish digital bank Lunar announced Tuesday (Oct. 19) it has acquired payments platform Paylike for an undisclosed amount, according to a Fintech Futures report, in...

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Citi Says Mobile Customers Have Grown 24% in 2 Years
Citi Says Mobile Customers Have Grown 24% in 2 Years
October 14, 2021  |  Earnings

Citigroup said the bank’s digital strategy is causing more customers to interact with it over digital and mobile devices than ever before, a transformation it plans to continue. Officially, the fourth largest U.S. bank...

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