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Max Levchin's Affirm spins out independent B2B financing company Resolve
Resolve takes Affirm's buy now, pay later approach and applies it to business purchasing.
Singapore looks to prep financial workforce for data analytics, automation era
Country's government agencies identify 121 job roles in banking, asset management, and insurance that they believe will be necessary in future when the financial sector sees increased adoption of data analytics and automation.
Facebook to end Messenger payments in the UK, France
Residents of these countries will soon no longer be able to use P2P services.
MasterCard buys Vyze to bolster consumer financing services for merchants
Vyze makes a technology platform that facilitates lending options to merchants' customers.
Brazil's Itaú rolls out facial biometrics to tackle auto loan fraud
The country's largest private bank is introducing the technology to support claim authentication and enhance customer experience.
Asia driving global mobile payments, with eight in top 10 markets
Vietnam is the fastest-growing in mobile payments, clocking a 24 percent climb from last year, with 61 percent of its consumers tapping such services. Globally, China leads with 86 percent of its population tapping mobile payments, followed by Thailand at 67 percent.
Aussie fintech Volt Bank starts by asking consumers what they want
Volt is aiming to be live with its first product later this year.
Brazil sprints ahead in mobile payments innovation
Increase in smartphone adoption and mobile transactions will create more opportunities for the most advanced market in Latin America and the Caribbean, according to research by Visa.
Singapore firms point to ransomware as most common attack mode
Some 96 percent of Singapore businesses experienced a security breach in the past year, during which ransomware was the most frequently used attack mode followed by malware and Google Drive.
Rules drafted on how to access data under Consumer Data Right
The draft rules stipulate that data-holders must stand up a specialised service to take applications and administer data if approved.
AI improves CommBank's customer engagement up to 400 percent
The bank used AI to analyse 200 billion data points to free up more time for its humans to do human things, like exhibit empathy and understand a customer's individual circumstances.
Apple Card, where's the reward? Why no one over 35 wants Apple to be their bank
As entirely Apple integrated my life has become, I think I will pass on the Cupertino Card.
Square launches mobile app for its Invoices service
Square Invoices lets sellers send, manage, and receive invoices from a smartphone or tablet.
Apple launches Apple Card in payments services expansion
The Apple-branded credit card that offers a streamlined application process, daily cash back and enhanced security.
Brazilian bank Bradesco reaches new AI high
The country's second-largest private bank has handled 100 million client interactions through its artificial intelligence platform and aims revenue generation in 2019.
How blockchain technology can transform our world
The technology can be used in far more applications than virtual currency.
Halloween '13: What tech frightens us most
In their latest October 2013 survey released just in time for All Hallows' Eve, IT recruiting firm Modis surveyed 1000 Americans to find out what potential tech disasters are keeping them up at night.
DBS Bank transforms customer experience with tech
The Singapore bank's latest branch taps technology to improve customer service, providing a more interactive and intuitive experience, say DBS execs.
ZDNet App Wrap: September 17, 2012
Feedly, metro.am, YouTube, Planner Pro, St George Banking Application, Quora, 8Bit Beatbox, and Janetter Pro for Twitter.
ZDNet App Wrap: September 10, 2012
ANZ goMoney, HSBC, uTorrent, uDraw, The Decision App, Note.S, The Textastic Code Editor, and ScrapNote
Tech IPO busts from the Internet boom (gallery)
As Facebook prepares to launch its massive IPO, it's a good time to look at the late 90s to see what people thought were good investments.
Office and computer pranks
What better way to welcome back coworkers from an extended vacation than an amusing practical joke?
Facebook's IPO in pictures
Facebook's IPO filing included images. Here they are and here's what they mean.
10 indispensable Android apps
This new collection of Android apps features everything from a friendly keyboard to a convenient payment processor to a versatile music player.
How Apple should spend its $90 billion in cash
Apple, with a market capitalization of over $416 billion, its stock trading at around $445 a share, and swimming in over $90 billion in cash, needs to figure out how to spend its money. I’ve got a few suggestions.
Inside NAB's first concept branch: photos
The National Australia Bank (NAB) is looking to smarten up its branches going forwards, and last month unveiled its very first concept store in Melbourne. ZDNet Australia went to take a look behind the scenes at the branch's mix of smart self-service technology and open-plan design.
Inside CommBank's Kaching: photos
The Commonwealth Bank has made a to-do list as long as its proverbial arm for the future of its NFC-enabled, pay-anyone app Kaching!, which includes support for virtual currency, like Facebook Credits, coupons, deals and an eventual partnership with Google for its Wallet product. Take a look inside the first iteration of Kaching! and our chat with CommBank chief marketing officer, Andy Lark.
Inside CBA's tech-heavy office: photos
It's taken 18 months from go to woe, but the Commonwealth Bank has begun moving over 300 staff per week into its lavish new tech-filled offices on the Sydney Harbour foreshore. ZDNet Australia was invited to tour the offices with the bank's chief information officer, Michael Harte.
Ten catastrophes: All-time worst tech industry executive decisions
IT, software and computer companies are certainly not without their share of poor executive decisions and mismanagement. While dozens of notable examples could have made our list, these were by far the top top 10 worst in the history of the technology industry, causing many billions of dollars of lost revenue or resulted in the downfall of entire companies.
Gallery: SAP, Google put business on the map
SAP and Google are expanding their partnership to take large data sets and integrate them into Google Maps, Earth, Docs and other products.
Using quantum computers in financial risk analysis
Stefan Woerner, global leader quantum finance and optimization at IBM Research - Zurich, talks to Tonya Hall about quantum computing and how models must be specifically tuned for quantum computers.
Rules drafted on how to access data under Consumer Data Right
The draft rules stipulate that data-holders must stand up a specialised service to take applications and administer data if approved.
How AI can help organize your finances
Tonya Hall talks to Dr. Ashok Srivastava, senior vice president and chief data officer at Intuit, about how his company uses AI to make financing easier for individuals and businesses.
Eftpos now accepts Google Pay across St George, Bank of Melbourne, BankSA
The payments network now accepts Eftpos CHQ and SAV payments on Google Pay for customers of St George, Bank of Melbourne, BankSA, ANZ, and eight Cuscal sponsored credit unions and banks.
NEC and E.Sun create ATM with facial recognition
Japanese conglomerate NEC has provided its facial recognition system for use in E.Sun bank's ATMs.
Telstra and CBA partner on 5G banking trials
Telstra and Ericsson will help CBA trial 5G and edge computing to simplify banking processes.
800 million WeChat users sent digital monetary gifts during Lunar New Year
The record number came after the Chinese technology giant announced last month that daily active users of its popular WeChat service exceeded 1 billion.
Singapore banks given more time to adopt e-payment protection guidelines
Originally scheduled to come into effect at the end of January, e-payment user protection guidelines will now be rolled out on June 30, after industry regulator Monetary Authority of Singapore agrees to give local banks more time to implement the necessary support systems.
DBS banks on data to know what customers want before they themselves know
DBS Bank is hoping to be more pre-emptive in meeting its customers' needs as the Singaporean bank focuses its attention on building a data platform and beefing up its capabilities in data analytics and artificial intelligence.
Moving Bitcoin mainstream
Sean Walsh, CEO of Hyperblock, tells Tonya Hall about the hard assets behind crypto and the process of making Bitcoin mainstream.
Commonwealth Bank allows for Apple Pay
The bank's iPhone-using customers can now remove that PayTag sticker Commonwealth Bank had previously been touting as sufficient.
Service NSW now accepts PayPal
The NSW government has announced it will accept PayPal for some transactions at Service NSW.
Having a conversation with customers through AI
Ken Dodelin, vice president of conversational AI products at Capital One, talks with Tonya Hall about the company's innovations to integrate AI into banking.
Microsoft and NAB trial biometrics for cardless ATMs
Facial recognition to allow customers to withdraw funds.
Square's Installment feature turns company into full-fledged small business service provider
The financial services and mobile payments firm has built a small portfolio of bank-like offerings.
