Latest Mobile & online banking News: Finextra Research

EToro to launch UK and Europe stock lending programme

In order to identify borrowers and facilitate the stock lending process, eToro will partner with BNY, which will act as the custodian, and stock lending platform EquiLend. This stock lending launch showcases how eToro is currently leveraging BNY’s global clearing platform, offering integrated solutions across US and international clearing, custody, settlement, execution, and financing.

11 April 2025

News/payments

Meet the minds shaping the future of payments at NextGen Nordics

The rapidly evolving world of payments is being shaped by some of the brightest minds across industries, and this year’s NextGen Nordics event on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden is set to be a pivotal moment in exploring how the sector is advancing. Attendees will have the rare opportunity to engage with leading figures driving innovation, digital transformation, and the future of financial services in the Nordic region.

04 April 2025

News/payments

European payment schemes turn on instant cross-border money transfers

The European Payment Alliance is beginning the switch to instant cross-border payments between mobile transfer schemes Bancomat, Bizum, MB Way and Iberia's Sibs, enabling users in Italy, Portugal, Spain and Andorra to send and receive money instantly to mobile phone numbers.

31 March 2025

News/retail

Revolut staffs up and carries out testing ahead of UK banking switch

Having finally secured its UK banking licence, Revolut is hiring staff and testing its systems as it aims to move millions of customers to its new bank entity this summer.

19 March 2025

News/regulation

Verification of Payee: Prepare for October 2025 deadlines at NextGen Nordics

In March 2025, the Eurosystem completed exploratory work for offering a Verification of Payee (VoP) service for payment service providers (PSPs) in SEPA, helping them comply with the EU’s Instant Payments Regulation across credit transfers in Euro. NextGen Nordics 2025 at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will explore how VoP can reduce fraud and payment, and prepare for 5 October 2025, the effective date of the VOP scheme rulebook.

18 March 2025

News/retail

Mexican digital bank Plata raises $160m

Less than two years after launching, Mexican digital bank Plata has joined the unicorn club off the back of a $160 million Series A funding round.

13 March 2025

News/ai

Nubank partners OpenAI to smooth customer experience

Brazil's Nubank is working with OpenAI on a host of services and features for its 114 million customers.

11 March 2025

News/payments

Sweden's Riksbank works on offline payments in contingency planning for war outbreak

Sweden's central bank is working to improve the possibility of making offline payments by card to strengthen resilience at a time of geopolitical unease and the advance of Russian troops in Ukraine.

10 March 2025

News/payments

Google Wallet opened up for least-cost routing in Australia

Australian Payments Plus (AP+) has worked with Google to roll out eftpos functionality and least-cost routing (LCR) on transactions made via Google Wallet, giving merchants the options to move away from costly card scheme networks.

06 March 2025

News/payments

Visa records spike in Tap to Phone uptake

Tap to Phone, Visa's technology that turns smart phones into payment terminals, has experienced a 200% increase in usage globally over the past year and a 300% surge among small business owners in the UK.

03 March 2025

News/retail

Alkami boosts account opening capabilities with $400m Mantl acquisition

Cloud-based digital banking vendor Alkami has agreed to buy account opening technology provider Mantl in a $400 million deal.

28 February 2025

News/people

Lloyds hires Amazon exec to head up mortgages division

A former technology head at Amazon has been hired by UK high street bank Lloyds to lead the digitisation of the bank's revamped mortgage division

26 February 2025

News/retail

Zopa moves to bigger London office

UK-based digital bank Zopa has doubled its physical footprint in London following its move to a new office.

25 February 2025

News/people

Bank of Ireland to cut jobs in efficiency drive

Bank of Ireland is set to reduce its headcount as part of a digitally-fuelled efficiency drive, according to its chief executive.

25 February 2025

News/payments

Asia to dominate global fintech market – report

Asia could account for almost half of global fintech transactions by the end of the year as it continues to outpace other regions, according to recently published research.

25 February 2025

News/security

Singapore records surge in mobile wallet scams

The Singapore Police Force is warning of a rise in scams using phished card credentials and mobile wallets.

20 February 2025

News/security

Visa launches Tap to Add Card in three new markets

Visa has launched its ‘Tap to Add Card’ service in Ukraine, Georgia and South Africa, enabling cardholders to add their bank card to their mobile wallet by tapping their card against their mobile phone.

18 February 2025