Neowin News Feed for: Banking

OpenAI wants you to give ChatGPT access to your bank account for financial guidance

Usama Jawad — Sat, 16 May 2026 05:34:01 +0000

ChatGPT can now connect to your bank account to offer personalized financial planning, spending advice, and savings guidance. Read more...

Elon Musk takes major step in replacing your bank account with "X Money"

David Uzondu — Tue, 28 Jan 2025 20:00:01 +0000

In another step toward the goal of an everything app, X is introducing X Money, a service that could replace your bank account if Musk's plan succeeds. Read more...

GnuCash 5.7

Razvan Serea — Mon, 01 Jul 2024 06:20:01 +0000

Personal and small-business financial-accounting software designed to be easy to use, yet powerful and flexible. Track bank accounts, stocks, income and expenses. Read more...

Mastercard has developed a new AI tool to prevent scams

Paul Hill — Thu, 06 Jul 2023 22:36:01 +0000

Mastercard has developed a new AI tool called Consumer Fraud Risk which helps banks to stop people from sending money to scammers. It could help prevent the loss of £100 million every year. Read more...

U.S. Bank partners with Microsoft, moves to Azure

Hamza Jawad — Tue, 22 Feb 2022 20:16:01 +0000

The partnership sees the country's fifth-largest bank select Microsoft as its primary cloud-service provider, with the hope of leveraging the power of the cloud to improve its offered experiences. Read more...

Seamless payments coming to the UK and Europe with Ripple, Modulr partnership

Fiza Ali — Wed, 02 Feb 2022 16:58:01 +0000

Through their partnership, Ripple and Modulr will deliver real-time, price-competitive, and reliable payments into the UK and Europe. Their services will be available globally in the coming months. Read more...

Microsoft Cloud for Financial Services will be generally available from November 1

Usama Jawad — Tue, 05 Oct 2021 06:30:01 +0000

The Microsoft Cloud for Financial Services is slated to hit general availability on November 1. The company's latest cloud vertical enables the financial sector to innovate using Microsoft tooling. Read more...

IBM's new Telum chips will help infer enterprise workload, detect fraud, and more

Karthik Mudaliar — Mon, 23 Aug 2021 07:54:01 +0000

IBM has introduced its new Telum processor at the annual Hot Chips conference. The processor is IBM's first one that can do on-chip acceleration for AI inferencing during a transaction. Read more...

Microsoft and Standard Chartered announce partnership focused on cloud-first strategy

Hamza Jawad — Tue, 11 Aug 2020 18:26:02 +0000

The multinational banking firm has teamed up with Microsoft in order to pursue its goal of becoming a cloud-first bank. The strategic partnership between the firms is set to continue for three years. Read more...

You'll be able to create bank accounts with Google Pay next year

João Carrasqueira — Mon, 03 Aug 2020 17:18:02 +0000

Google is entering the mobile banking market next year, in partnership with eight banks across the United States. Users will be able to create and manage their bank account using Google Pay. Read more...

EE launches Digital Identity platform to prevent fraud

Paul Hill — Thu, 16 Jul 2020 15:30:01 +0000

EE has announced its new Digital Identity platform that consists of a number of tools to prevent the instances of fraud. The firm is working with banks to help make their systems more secure. Read more...

Goldman Sachs addresses the controversy and woes of sexism surrounding the Apple Card

Ather Fawaz — Tue, 12 Nov 2019 06:34:02 +0000

In an official statement, Goldman Sachs stated that the gender is not factored in when determining creditworthiness. It also hinted at the potential cause for lower credit limits, among other things. Read more...

NAB launches trial of Alipay, full rollout on the cards in early 2019

Boyd Chan — Mon, 19 Nov 2018 09:30:01 +0000

Having shared its strategy earlier in the year, National Australia Bank will roll out support for Alipay to its point of sale terminals next year after conducting a pilot with selected merchants. Read more...

Nordea brings Google Pay support to its customers

Boyd Chan — Tue, 30 Oct 2018 09:22:01 +0000

Boasting a presence in almost twenty countries across Northern Europe, Nordea Bank has now rolled out Google Pay support for all of its consumer cards in addition to its First Card. Read more...

HSBC UK mobile banking is 'recovering' following a glitch, TSB Bank outages linger

Jay Bonggolto — Fri, 28 Sep 2018 10:54:01 +0000

HSBC and TSB Bank are the latest banking institutions in the UK to suffer major disruptions to their mobile and internet banking services. For its part, HSBC says some services have been restored. Read more...

Facebook bringing Community Boost to EU countries

Paul Hill — Mon, 22 Jan 2018 18:10:01 +0000

Facebook is bringing its Community Boost programme to the European Union to help individuals and businesses learn the digital skills they need. The programme was announced for the U.S. last year. Read more...

Capital One quietly forces users onto mobile by restricting deposits

Christopher White — Sun, 03 Sep 2017 19:06:01 +0000

If you're used to using Capital One's website to deposit paper checks, you're now out of luck as the company has officially retired that service to force users into using the mobile app instead. Read more...

People who bank with Barclays can now use Siri to make money transfers

Richard Tyr Blewitt — Mon, 21 Aug 2017 18:08:01 +0000

Along with some new voice recognition features introduced by Barclays, customers can now make money transfers using Siri and Apple touch ID, without having to open the Barclays banking app. Read more...

Samsung and Bank of America to test mobile banking access with Galaxy S8's iris scanner

Andy Weir — Thu, 10 Aug 2017 18:54:02 +0000

Samsung's Galaxy S8 will be used in a Bank of America pilot program involving 1,500 employees from both companies, to test the handset's iris scanner for use with mobile banking services. Read more...

Android banking Trojan uses keylogger, exploits accessbility features to steal data

Justin Luna — Thu, 03 Aug 2017 15:30:01 +0000

An Android Trojan was recently found to be updated with a keylogger and capability to take advantage of the OS's accessibility feature, which can be used to display phishing links and steal data. Read more...

Online course teaches Russian wannabe hackers how to commit credit card fraud

Justin Luna — Thu, 20 Jul 2017 15:30:01 +0000

A threat intelligence firm has taken a look at an online course that actually offers its students lessons on how to commit credit card fraud and gain access to online accounts for their own gain. Read more...

O2 confirms hackers manipulated SS7 mobile protocol, emptying German bank accounts

Christopher White — Fri, 05 May 2017 04:24:01 +0000

Using a combination of spear-phishing and a flaw in SS7, hackers were able to steal usernames and passwords from German bank users, manipulate SMS message delivery, and steal money from accounts. Read more...

Mastercard reveals credit card with fingerprint scanner for additional security

Paul Hill — Thu, 20 Apr 2017 13:44:01 +0000

Mastercard has revealed a new credit card with a fingerprint scanner. While fingerprint security isn't foolproof, it does improve the current state of bank card security, which uses just a PIN. Read more...

Microsoft partners with UK's Lloyds Banking Group on Windows Hello biometric authentication

Andy Weir — Mon, 17 Apr 2017 16:00:01 +0000

Lloyds Banking Group has announced an "exclusive partnership" with Microsoft to trial the use of Windows Hello biometric authentication with customers of Lloyds Bank, Halifax, and Bank of Scotland. Read more...

NatWest Bank rolls out all-new Windows phone app with Continuum support

Steven Parker — Wed, 19 Oct 2016 13:32:01 +0000

Bankers in the UK will be excited to learn that if they bank with NatWest, and use a Windows phone, there's a all-new app for that! Among the new features is full support for Continuum. Read more...

Xiaomi becomes stakeholder in bank aimed at small companies, internet-savvy users

Paul Hill — Mon, 13 Jun 2016 16:06:01 +0000

Xiaomi has become a stakeholder in the new Sichuan Hope Bank which aims to cater for young, Internet-savvy users and small businesses. Xiaomi is the second-largest stakeholder with 29.5% ownership. Read more...

Would an electric shock prevent you overspending? Intelligent Environments thinks it will

Jack Wilkinson — Fri, 20 May 2016 06:16:01 +0000

Intelligent Environments has created a platform that links to the Pavlok wristband, delivering a 255 volt electric shock if you overspend on your bank account. Other devices are also being integrated. Read more...

BitPay's new Visa card turns Bitcoin into dollars for easy real-world spending

Paul Hill — Wed, 04 May 2016 12:58:01 +0000

BitPay has unveiled its new BitPay Visa Card. The card was made available with the help of Visa and allows cardholders to deposit Bitcoins from any wallet and withdraw or spend them in dollars. Read more...

Android malware targets bank users in Australia, New Zealand and Turkey

Vlad Dudau — Thu, 10 Mar 2016 09:56:01 +0000

A new type of malware is spreading on Android devices in a corners of the world. The trojan steals login information for banking and financial apps, as well as two-factor authentication codes. Read more...

Android Pay will launch in the UK at the end of March

Paul Hill — Tue, 01 Mar 2016 08:04:01 +0000

Google is expected to bring Android Pay to the UK at the end of March, according to a rumour by insiders. The payment system will compete against Apple Pay which launched last summer. Read more...

UK police investigating "significant and sustained cyberattack" on TalkTalk website [Update]

Andy Weir — Thu, 22 Oct 2015 21:27:03 +0000

TalkTalk, one of the UK's largest ISPs and pay-TV providers, says its website was subjected to a major cyberattack, adding that customer info and credit card/banking details "may have been accessed". Read more...

Atom to launch a new UK consumer bank with no branches or ATMs - just an app

Andy Weir — Wed, 24 Jun 2015 19:06:02 +0000

Atom Bank will launch later this year, but it won't have any branches or ATMs of its own. Instead, it will offer its banking services via a mobile app, and plans to include biometric security support. Read more...

Microsoft: Indian banks could be at "major risk" if they don't ditch Windows XP

John Callaham — Thu, 14 Nov 2013 15:54:40 +0000

Microsoft India sent out a press release this week saying that banks there that are still using Windows XP could be at risk if they don't ditch the OS before the April 8th support cut-off date. Read more...

IMF hit by major cyber security hack

Byron Hinson — Sun, 12 Jun 2011 10:46:14 +0000

The International Monetary Fund (IMF) has said that they have been targeted by what they called “a sophisticated cyber-attack”. According to the BBC website, officials at the fund didn’t give out many details, but said that... Read more...

Online banking danger increases with new Zeus/SpyEye release

Christopher White — Fri, 04 Feb 2011 18:47:39 +0000

After ZeuS and SpyEye were rumored to have merged, many security professionals were concerned that advanced online banking malware would hit the scene sometime soon. According to Yahoo News, it appears that time may be... Read more...

Bank of America buying up derogatory domain names in bulk

Kelly Hodgkins — Fri, 24 Dec 2010 14:31:57 +0000

Bank of America is buying up domain names with derogatory words like "sucks" and "blows" in an effort to protect its executives and board members from potential future attacks according to a report out of... Read more...

Citigroup warns of security flaw in their iPhone mobile banking app

Tzvi Friedman — Mon, 26 Jul 2010 18:17:31 +0000

Citigroup instructed the users of its mobile iPhone banking app to upgrade immediately in the wake of a discovered security flaw, according to the Wall street Journal. Apparently, the mobile banking iPhone app (currently the... Read more...

Man in the browser is new security threat to online banking

Steven Parker — Tue, 27 Nov 2007 10:00:55 +0000

Hackers infecting PCs with malware that is only triggered when they access their bank accounts, is the latest threat to online banking, according to security software supplier F-Secure. Hackers are acting as a 'man in... Read more...

Fears over online banking checks

Tom Warren — Tue, 13 Nov 2007 10:23:34 +0000

Complicated security checks could be undermining confidence in online banking, warn experts. Security extras such as number fobs, card readers and password checks might make consumers more wary of net bank websites, they fear. The... Read more...

UK Online banking fraud up 8000%

Rob Wright — Thu, 14 Dec 2006 14:00:39 +0000

The UK has seen an 8,000% increase in fake internet banking scams in the past two years, the government's financial watchdog has warned. The Financial Services Authority (FSA) stated it was 'very concerned' about the... Read more...