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MAS warns banks on fintech distruption
(1 December 2017 – Singapore) In its latest Financial Stability Review, Singapore’s central bank has said that regional banks that don’t react to the rising competition from fintech, […]
(1 December 2017 – Singapore) In its latest Financial Stability Review, Singapore’s central bank has said that regional banks that don’t react to the rising competition from fintech, […]
(29 November 2017 – New Zealand) New Zealand-based Kiwibank has launched a mobile payment solution for its business customers, who will be able to get paid anywhere, anytime. […]
(28 November 2017 – Europe) UniCredit has launched its cross-border instant payments solution in Italy and Germany, after the European Instant Credit Transfer scheme became active. The bank […]
(23 November 2017 – France) Societe Generale has announced that it will offer its customers access to Apple Pay in the future, becoming the first major French bank […]
(22 November 2017 – United Kingdom) The UK's Open Banking project is being expanded to embrace all payment account types – including credit cards, prepaid cards and e-wallets […]
(21 November 2017 – Australia) The Reserve Bank of Australia (RBA) has warned bank of additional regulation should they fail to respond to business concerns over the increased […]
(21 November 2017 – Global) Visa has unveiled partnerships with four international banks as it prepared for the 2018 launch of its Visa B2B Connect platform. To begin […]
(17 November 2017 – Australia) Eftpos has announced joining Android Pay, with Eftpos-only cardholders from ANZ Bank and Cuscal being the first to gain access to the service. […]
(15 October 2017 – China) UnionPay International expects to launch an open-platform wallet function as a means to help its partners outside of China to build their wallet […]
(14 November 2017 – Singapore) The first peer-to-peer fund-transfer service in Singapore is expected to be extended to corporates and businesses in 2018, said the Association of Banks […]