Apple doesn’t want to be a bank, says CEO

“Nobody wants to become a bank any more and we don’t want to become a bank,” Apple CEO Tim Cook has told the University Philosophical Society at Trinity College, Dublin during a visit this week, Ireland’s Independent newspaper reports... More









First Internet Bank enables Eyeprint ID

US-based First Internet Bank is letting customers log in to their mobile banking app by scanning their eye, using Eyeprint ID technology, rather than entering a user ID and password... More


US bank CEOs fear Apple competition

Almost half of US bank CEOs and directors worry about potential competition from Apple, with 63% saying they don’t think their bank is ready to offer Apple Pay, findings from Bank Director’s 2015 Growth Strategy Survey reveals... More



Tech firms do “better job” than banks, say 24% of young Brits

More than a fifth (24%) of Britons aged between 18 and 34 believe companies such as Google, Apple and Amazon would do a “better job” of providing financial products and services than banks, with 8% now choosing their bank depending on the type of mobile service it offers, research from price comparison site uSwitch reveals... More




OceanFirst Bank adds Touch ID

OceanFirst Bank is working with digital banking provider Digital Insight to begin offering Touch ID functionality within its mobile banking app... More


UAE banks approve mobile wallet project

The UAE Banks Federation, a standards body representing 50 Emirates banks, has cleared its mobile wallet project for launch and is now awaiting final approval from the nation’s central bank following a pre-implementation phase completed in December... More