Italian mobile-phone operator PosteMobile is using technology from France-based smart card vendor Gemalto to enable customers of BancoPosta to make payments using their mobile phones. BancoPosta is the retail-banking division of the Italian post office. The software enables BancoPosta customers to pay bills, send telegrams and faxes, and wire funds from accounts and prepaid cards, a PosteMobile statement says. The software also enables PosteMobile to design services, monitor their use and adopt them to the consumer's preferences over the air, a Gemalto spokesperson tells CardLine Global. The software enables customers to perform a large number of postal and banking services using only one SIM card, and it works on any handset, the spokesperson adds.
-
The customer-sourced investment will continue to support the digital banking provider's AI and digital loan origination initiatives.
5h ago -
Banks are posting record profits, benefitting from being in the middle of a hot credit cycle. Everything is going their way. The only question is, how long can it last?
5h ago -
A coalition of 20 state attorneys general, most of them Democrats, is opposing efforts by the high-cost lenders Enova International and Opportunity Finance to acquire banks. The state AGs warn that the companies are trying to dodge state interest-rate caps.
5h ago -
FINRA's annual snapshot shows how the wealth industry is changing, from key business metrics and marketing trends to shifts in registration and a shrinking branch footprint.
July 16 -
The regional bank revealed plans Thursday to close most of its supermarket-based branches and replace about half of them with new, nearby standalone branches. The multiyear transition could attract $20 billion to $30 billion in low-cost deposits, executives said.
July 16 -
The bank regulators say they will limit the sending and storage of highly sensitive supervisory information, including by using alternatives such as on-site reviews and requiring notifying banks of data compromises within 72 hours.
July 16











