5 January 2018 | Articles | Banking techs | Financial startups | Mobile payments

Mobile only banks make routine financial operations convenient and cheaper for consumers globally, as they oppose to traditional banking giants arbitrarily establishing their own charges and fees for simple products or services. Mobile banks have no physical branches, which means they do not need to include their real estate expenses into the commissions paid by customers for the servicing. Mobile banks are as a matter of fact the usual banks, as they offer plastic cards and ATM cash withdrawals along with other added-value services, but their entire ecosystem is based on online or mobile environment.

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5 January 2018 | Banking techs | Debit cards | News | Payment gateways | Payments

Sky Betting and Gaming, a gambling company based in Leeds, UK, has entered into a cooperation with Barclays for providing immediate payout to customers withdrawing their winnings from their gambling accounts to the debit cards.

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4 January 2018 | Banking techs | Biometric techs | Debit cards | News | Prepaid cards

Bank of Cyprus has entered into a partnership with Gemalto, an international provider of digital security solutions, to offer its customers a convenience of combined EMV and biometric recognition card for making contact and contactless payments at the points of sales.

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21 December 2017 | Banking techs | Blockchain techs | Cryptocurrency | News

Ripple, a real-time gross settlement system, currency exchange and remittance network, announced the introduction of a new ecosystem based on distributed ledger environment for providing technologies to central banks and market infrastructures for exploring the blockchain and designing their own solutions.

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20 December 2017 | Analytics | Banking techs | News | Personal finance management

To lure customers for opening accounts and purchasing other financial services or products, banks do their best and widely market their incentives and perks provided in exchange for some activity or transactions. While some perks may be of benefit, others may entail a long chain of hassle and extra costs.

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