Halifax checks pulse of biometric wristband

UK bank Halifax is investigating how Bionym’s Nymi Band, a device that uses the wearer’s unique cardiac rhythm to authenticate their identity, could be used to reduce the need for customers to remember their passwords... More




Emirates banks move towards mobile wallets

The UAE Banks Federation has announced the completion of the pre-implementation phase of a project to develop a mobile wallet platform that all its 51 member banks will be able to use to offer P2P, mobile payments and loyalty programs to their customers... More


TD Bank partners with Moven

Toronto-Dominion Bank is expected to announce a partnership with New York based banking app maker Moven to help its customers use their smartphones to keep track of every purchase they make, The Globe and Mail reports... More


Scotiabank adds smartwatch app

Canada’s Scotiabank has launched a Quick Balance app for the Samsung Gear 2 and Samsung Gear S smartwatches that lets customers check their account balance with a swipe of the screen... More




CBD launches bank branch in Facebook

Commercial Bank of Dubai (CBD) has launched a virtual bank branch for Facebook, letting its online banking customers check balances, pay credit card bills, transfer money between accounts and track expenses from within the social network... More




Moven raises $8m series A

Mobile banking, payments and budgeting startup Moven has raised US$8m in a series A funding round and will use the money to invest in new features and tools and to build its international network of partners... More


One third of US mobile banking users log in at least once a day

Bank of America

Some 31% of Americans who use a mobile banking app access the service at least once a day and more than four in five use it once a week or more, according to new research from Bank of America. Six in 10 respondents are not yet comfortable with the idea of using their smartphone as a wallet in the future, however, the survey found. More