sync. is aiming to become the first digital smart open banking app offering an easy-to-use financial service across Europe, promising to manage every aspect of a user's financial life in one place. sync. says it was created out of frustration with traditional banks and the niche offering of new challenger banks that are not responding to all the needs of the end customer.
SberCloud, the cloud platform of Sberbank Group, and Huawei have formed a strategic partnership to provide cloud services for Russian businesses, extending the reach of Russia’s largest bank into the country’s digital economy.
The Financial Conduct Authority (FCA) has agreed a plan that gives the payments and e-commerce industry extra time to implement Strong Customer Authentication (SCA).
Monzo has advised almost half a million customers to change their cards pin number after uncovering a potential security flaw. The digital bank said it had incorrectly stored around 480,000 customer pins where they could be accessed by internal engineers.
Deutsche Bank AG is the latest company to replace the BlackBerry devices that were issued to its staff with Apple iPhones. A Deutsche Bank spokesman confirmed that the lender is phasing out the devices, without commenting further.
BlackBerry today announced Bank of New Zealand (BNZ), one of the country's largest banks, is one of the latest customers in the region to deploy BlackBerry AtHoc, the company's secure crisis communications software.
Payday loan firm Wonga are warning more than a a quarter of a million customers that personal data may have been stolen in a data breach at the firm. The online lender said it was “urgently investigating illegal and unauthorised access” to personal data of some of its customers in the UK and Poland.
Apple has won a victory in its fight to prevent banks from introducing their own mobile payment services on Apple devices, as an Australian regulator barred lenders from bargaining collectively for access.
Microsoft on Tuesday announced the appointment of Reid Hoffman, co-founder of LinkedIn, to its board of directors effective immediately. Microsoft also announced its board of directors declared a quarterly dividend of $0.39 per share. The dividend is payable June 8, 2017.