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NBK Unveils Payment Verification Service on Its Mobile Banking App

Fintech Finance

In keeping with its constant dedication to providing cutting-edge services to its customers, National Bank of Kuwait (NBK) announced introducing a new service that allows customers to confirm payment transactions online through the NBK Mobile Banking App, making itself as the first provider of this service in Kuwait.

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Mobile Banking Malware on the Rise Amid Rapid Adoption

Fintech News

Mobile banking is a rapidly growing market that’s projected to hit a value of US$7 billion by 2032. The 2023 study, which analyzed malware targeting banking apps, uncovered that 29 malware families targeted 1,800 banking applications across 61 countries last year.

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Apiture to Power Online and Mobile Banking for New Washington State Bank

Finovate

Indiana-based New Washington State Bank (NWSB) has selected Apiture’s Digital Banking Platform to power its online and mobile banking solutions. The community bank will also deploy Apiture’s Account Opening and Data Intelligence solutions to onboard customers faster and to offer tailored campaigns.

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OCBC Singapore Users Faced Temporary Online Banking Disruption

Fintech News

Singapore’s OCBC Bank experienced technical difficulties on 1 September (Sunday) that temporarily disrupted its internet and mobile banking services. Customers encountered challenges accessing their accounts and conducting online transactions.

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Bank of America mobile app, digital interface down

Bank Automation

Tens of thousands of Bank of America clients reported outages of online and mobile banking services today. trillion bank, according to website Downdetector, which publishes the status of outages in real time. ET, more than 20,000 clients had reported issues with the $3.2

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Caixabank Consolidates Its Position in Mobile Banking and Partners With Apple to Enhance Customer Experience

Fintech Finance

million customers with cards linked to mobile devices, figures that are on the rise, with more than 800 million transactions in the last 12 months. With this, the bank reinforces its position as a benchmark in payment methods in Spain and reaffirms forecasts that point to the growth of mobile phones as means of payment among users.

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Mobile, digital banking adoption jumps in Q2

Bank Automation

Financial institutions are investing in their mobile and digital experiences as consumers flock to online channels for self-service banking. “Consumers are really demanding more and more and expecting that the mobile banking experience at their fingertips is largely the gateway into the relationship now with the [financial institution],” Allison (..)