Banco Sabadell, Spain’s sixth largest bank by assets, has updated its m-banking app with ‘Instant Money’, a service that enables customers to withdraw cash from ATMs using their mobile telephones.
CaixaBank, Santander and Telefonica have announced the set up of a joint venture that will develop a range of digital services.
Vodafone has teamed up with ICICI Bank, India’s largest private sector bank, to launch the m-payments service M-Pesa in India. The mobile money service allows customers to send and receive small amounts of money via their mobile phones.
Royal Bank of Canada (RBC) has teamed up with Interac, developer of Interac Flash, Canada’s only contactless debit payment system, to complete the first Near Field Communication (NFC) payment.
US based Bank of the West, subsidiary of BNP Paribas has launched a new mobile banking app that comes with a Quick Balance feature.
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Alaric, global supplier of fraud prevention and payment solutions, is driving forward in the Middle East.