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Apple’s Credit Card Should Serve As Wake-Up Call To Incumbent Banks
Michal Kissos Hertzog, CEO from digital-only bank Pepper said:
“Apple is launching a credit card with better user privacy, more user control and transparency. With that, Apple is setting a new bar for the industry.”
“The latest news from Apple isn’t unexpected. Recent released by Pepper earlier this year found that two-thirds of decision-makers at UK retail banks believe that most of the major technology companies will offer retail banking services in the next five years – well now they have!”
“This should serve as a wake-up call to incumbent banks. They can’t create just another banking app or continue to work to a profit and loss business model; instead, they need to create a whole new banking experience built with the consumer in mind. Banks will not only survive, but also thrive with this approach.”
- What Are Some Emerging Trends in APAC? | FF News at Money20/20 Asia 2025 Read more
- EXCLUSIVE: “Private Banking for All” – Hylton Kallner, Discovery Bank in ‘The Fintech Magazine’ Read more
- Temenos Strengthens Product Leadership With Key Appointments Read more
- ACI Worldwide Recognized as Leading Provider of Fraud Orchestration Solutions by Datos Insights Read more
- Four in Ten British Businesses Would Adopt Open Banking for Increased Security Benefits, but Are Held Back by Lack of Understanding Read more
Temenos Strengthens Product Leadership With Key Appointments
Temenos (SIX: TEMN), a global leader in banking technology, today announced it has strengthened its product leadership team with two strategic appointments. Rohit Chauhan joins as Chief Technology Officer (CTO), and Eugene Khmelevsky joins as Global Head of Architecture and Data. The two executives, based out of the U.S., report to Barb Morgan, Temenos’ Chief Product and Technology Officer, highlighting the company’s strategic investment in talent to accelerate growth and innovation.
ACI Worldwide Recognized as Leading Provider of Fraud Orchestration Solutions by Datos Insights
ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, has been recognized among leading solutions providers in Datos Insights’ latest report on the fraud orchestration solutions market, Beyond Point Solutions: Orchestrating the Future of Fraud Prevention.
Four in Ten British Businesses Would Adopt Open Banking for Increased Security Benefits, but Are Held Back by Lack of Understanding
42% of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention. This comes as a study by Payit, NatWest’s open banking payment solution, found that one in five (22%) businesses spend more than 6 hours per month managing and storing sensitive customer information, such as card details. And with open banking solutions, they could use this time to build and grow their business.
AAA Life Insurance Company Selects One Inc’s PremiumPay® to Support Digital Payment Processing
One Inc, the leading digital payments network for the insurance industry, today announced that AAA Life Insurance Company (AAA Life) has selected its PremiumPay® solution to support the company’s digital payment processing capabilities. AAA Life will use PremiumPay as its primary platform for digital payment processing, offering policyholders a wider range of flexible, secure payment options while streamlining internal processing.
More People Have Bank Accounts but One in Ten Have No Cash Savings, FCA Survey Reveals
The Financial Conduct Authority (FCA) has found that one in ten people have no cash savings at all, and another 21% have less than £1,000 to draw on in an emergency. The regulator’s research also shows that one in four people in the UK have low financial resilience, meaning that they have missed payments, are struggling to keep up with commitments, or don’t have savings to help them through difficulties.
AU10TIX Launches Continuous AML Risk Monitoring Powered by Premium Data Sources
AU10TIX, a global leader in identity verification and fraud prevention, today announced the launch of continuous risk monitoring as part of its advanced anti-money laundering (AML) solution. Driven by customer demand, this powerful capability delivers real-time risk insights across the full customer lifecycle—empowering businesses to detect behavioral anomalies and emerging threats as they arise.
eToro Partners with Generali to Launch PER and Life Insurance Offer in France
eToro, the trading and investing platform, announces today a partnership with Generali, a major player in the French life insurance market, to offer its users in France a life insurance contract and a PER (Plan d’Épargne Retraite) to its users in France.
What Are Some Emerging Trends in APAC? | FF News at Money20/20 Asia 2025
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EXCLUSIVE: “Private Banking for All” – Hylton Kallner, Discovery Bank in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Temenos Strengthens Product Leadership With Key Appointments
Temenos (SIX: TEMN), a global leader in banking technology, today announced it has strengthened its product leadership team with two strategic appointments. Rohit Chauhan joins as Chief Technology Officer (CTO), and Eugene Khmelevsky joins as Global Head of Architecture and Data. The two executives, based out of the U.S., report to Barb Morgan, Temenos’ Chief Product and Technology Officer, highlighting the company’s strategic investment in talent to accelerate growth and innovation.
ACI Worldwide Recognized as Leading Provider of Fraud Orchestration Solutions by Datos Insights
ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, has been recognized among leading solutions providers in Datos Insights’ latest report on the fraud orchestration solutions market, Beyond Point Solutions: Orchestrating the Future of Fraud Prevention.
Four in Ten British Businesses Would Adopt Open Banking for Increased Security Benefits, but Are Held Back by Lack of Understanding
42% of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention. This comes as a study by Payit, NatWest’s open banking payment solution, found that one in five (22%) businesses spend more than 6 hours per month managing and storing sensitive customer information, such as card details. And with open banking solutions, they could use this time to build and grow their business.
AAA Life Insurance Company Selects One Inc’s PremiumPay® to Support Digital Payment Processing
One Inc, the leading digital payments network for the insurance industry, today announced that AAA Life Insurance Company (AAA Life) has selected its PremiumPay® solution to support the company’s digital payment processing capabilities. AAA Life will use PremiumPay as its primary platform for digital payment processing, offering policyholders a wider range of flexible, secure payment options while streamlining internal processing.
More People Have Bank Accounts but One in Ten Have No Cash Savings, FCA Survey Reveals
The Financial Conduct Authority (FCA) has found that one in ten people have no cash savings at all, and another 21% have less than £1,000 to draw on in an emergency. The regulator’s research also shows that one in four people in the UK have low financial resilience, meaning that they have missed payments, are struggling to keep up with commitments, or don’t have savings to help them through difficulties.