Mastercard has teamed with Turkish mobile retailer Getir for the first Masterpass payment system via Facebook’s Messenger application. Getir (“Get here”) allows users to receive delivery of 600+ everyday items …
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“First in the world’’ mobile bank for SMEs launches in UK
Tide, a British start-up, launched its mobile-first banking service. Tide aims to make the banking process more efficient for SMEs, positioning itself as the “world’s first” mobile focused bank catered …
Read More »Russian bank “Открытие” to use facial biometrics analysis in its branches
A Russian bank, “Открытие”, is planning to operate a facial recognition system in its three Moscow branches. The main goals are to optimize the client service/interaction experience and shorten waiting …
Read More »“Pay as you drive” car leasing program launched in Poland
Poland’s Idea Bank has launched the world’s first ‘pay-as-you-drive’ car leasing model. The “Happy Miles” model calculates payments for leased cars based on the distance a car travels. A GPS …
Read More »The Rise Of Peer-To-Peer (P2P) Lending
Time-consuming, lengthy and rigid procedures for financing began to frustrate borrowers following the 2008-2009 global financial crisis, especially when banks started to become stricter about loan disbursements. This has opened …
Read More »Banks need to become Lords of Data
The simple fact is that banks are not currently good with data. When someone involved with technology talks about a single view of a customer, most banks laugh and believe …
Read More »The Six Biggest Trends in Fintech Today
The biggest trends in fintech today are centered on improving customer experiences, and the interfaces being designed today aim to enable users to seamlessly and effortless merge the new technologies …
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