All articles by Stephen Little

Stephen Little

Fifth Third Bank introduces mobile cheque depositing service

Ohio-headquartered Fifth Third Bank has announced a new feature for its mobile app which will enable customers to deposit cheques using their mobile phones.

Commerzbank launches photoTAN to combat online fraud

Commerzbank, Germany’s second-largest bank by assets, has implemented UK-based technology vendor Cronto’s visual transaction signing technology to protect its customers from online fraud.

Market share gains boost Akbank FY12 results

Turkey-based Akbank has posted a net income for the 12 months to 31 December of TRY3bn ($1.7bn), up 18.5% from the year ago period.

CBA launches new online investment platform

Commonwealth Bank of Australia (CBA) has launched MyWealth, an online platform that enables customers to manage their financial portfolio.

Bank of Ireland launches new mobile payment service

Bank of Ireland, Ireland’s biggest-bank by assets, has launched a new mobile banking service that will enable customers to transfer money from their accounts to other Bank of Ireland customers by using their phone number.

Mobile banking apps fail to meet consumer expectations – Varolii US

Nearly two in three US consumers believe it is their bank’s responsibility to alert them when they have a low balance or insufficient funds to pay a bill, a survey commissioned by the Seattle-based software and communications company Varolii has found.

ICICI launches new mobile banking service

ICICI, India’s largest-private bank by assets, has launched a new mobile banking service to enable customers to transfer money through mobile phones without connecting to data services.

Retail banks set to increase IT spending in 2013: Ovum UK

Retail banks will increase their IT spending by 3.4% to $118.6bn in 2013, according to a report from analysts Ovum.

ACI plans to acquire Online Resources

ACI Worldwide, the Florida-headquartered online payments systems provider, has announced a deal to purchase the online banking and bill payment vendor Online Resources for $263m at $3.85 a share.

Netherlands nationalises SNS Reaal

SNS Reaal, the Netherlands’ fourth-largest bank by assets, has been nationalised at a cost of €3.7bn ($5bn) to bring stability to the Dutch financial sector.