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Truly knowing your customer will be the key to success in open banking

Truly knowing your customer will be the key to success in open banking

Technology stalwarts like Amazon, Apple, Facebook and Google are the biggest threat to banking Banks need to invest in personalised customer marketing as well as upgrading their digital platforms to compete The future of branch services hangs in the balance, but as broadband connections fail some rural inhabitants, they’ll be hoping for another solution
By Rachel Doyle | Wednesday, January 17th, 2018 | Business Guides
Paypal diversifies its offering and may look at cryptocurrencies again

Paypal diversifies its offering and may look at cryptocurrencies again

Paypal continues to invest strategically to deliver digital payment innovations to merchants and customers alike. The company’s growth continues apace as a series of strategic partnerships with customer reward cards, Samsung Pay, Mastercard and Visa extend Paypal’s reach. Paypal has recently extended its reach into investments as it looks to extend its financial capabilities and has indicated that it may look at cryptocurrencies again
By Rachel Doyle | Friday, January 5th, 2018 | US
BitFury link with Hut8 in significant partnership as blockchain firms are flourishing

BitFury link with Hut8 in significant partnership as blockchain firms are flourishing

Hut8 and BitFury the blockchain company link up to focus efforts on building a significant data centre for mining cryptocurrency, Hut8 plans to raise $33million through shares (private release), plans to establish North America as one of the largest bitcoin mining centres globally as blockchain enterprise firms flourish.
By Rachel Doyle | Wednesday, January 3rd, 2018 | US
Transfermate funding from Allied Irish lights the way for fintech to be embraced by banks

Transfermate funding from Allied Irish lights the way for fintech to be embraced by banks

Transfermate agrees investment of $35million in an apparent link deal that see support for cross border payment firms and traditional financial institutions. Challenges exist for banks looking to embrace alternative technology and innovating in the traditional banking sector. International B2B transfer payments partnerships and investment are likely to rise as the traditional banking sector attempts to innovate.
By Rachel Doyle | Wednesday, January 3rd, 2018 | UK

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