BBVA has added an artificial intelligence engine to its mobile banking app that hides user’s data when it detects when more than one pair of eyes is viewing the screen.

Brazilian police have arrested a man accused of taping photos of victims’ faces onto dummies to trick mobile banking facial recognition technology and then take out loans.

Chair of the Ubiquitech Group Dr. Ruth Wandhöfer has released a report offering practical recommendations for bolstering a digital economy that builds trust, provides access to sustainable infrastructure and secure data highways, and accelerates digital inclusion and education.

Aspiration, the socially conscious US neobank focused on helping customers go green, is set to go public in a $2.3 billion merger with a special purpose acquisition company.

Global spending on financial market data and news grew modestly in 2024, with revenues rising 6.4% – far slower than the previous year – to $44.3 billion.

There is a growing appetite for the next evolutionary step in open banking – open finance – within the global FS sector, with nearly half of senior professionals considering it a “must have” in the context of data sharing.

Branch-based Metro bank is upping its digital game with the launch of a developer portal for third party firms to build services on top of its APIs.

Singapore’s DBS Bank is building hackathons into its talent development programme by pairing inhouse employees with startups from across the region to jointly tackle business and societal challenges.

In banking and payments, much is discussed about the end retail customer experience. We often read about B2C or even B2B2C payments, mostly because mobile devices have extended well beyond simple communication.

Ahead of our NextGen Nordics conference on 27 April 2022, we will be putting together a weekly briefing of all the top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

StashAway, a digital wealth management startup hailing from Singapore, is raising US$25 million in a Series D funding round led by Sequoia Capital India.

SAP is to set up a dedicated financial services unit in a joint venture with investment firm Dediq that will see the ERP vendor develop a new suite of products covering the full spectrum of commercial banking and insurance operations.