30 January 2015
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Retail banking

Contactless payments arrive on Coronation Street

20 hours ago  | 5 comments | 18 tweets | 9 linkedin

Visa Europe has signed a six-figure product placement deal with British television network ITV that will see contactless payments get high profile outings on prime-time soaps Coronation Street and Emmerdale.

Individuals can be identified from just four pieces of credit card metadata, researchers from the Massachusetts Institute of Technology (MIT) have found.

Coinbase is being sized up for a class action suit by securities litigators Tripp Levy for allegedly making false and misleading statements relating to the regulatory status of its new bitcoin exchange in New York and California.

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Wholesale banking

UK P2P lending hit £1.2 billion in 2014

10 hours ago  | 0 comments | 16 tweets | 8 linkedin

The peer-to-peer lending industry in the UK hit more than £1.2 billion in 2014 according to new figures released today from the Peer-to-Peer Finance Association (P2PFA).

Allied Irish Bank
Retail banking

AIB hands IT outsourcing contract to Wipro

11 hours ago  | 0 comments | 2 tweets | 1 linkedin

Wipro has won a five-year IT outsourcing deal with AIB which will see 130 staff moved to the Indian tech services firm.

Two Capital One employees have been charged with insider trading by the Securities and Exchange Commission after they mined customer transaction data to successfully predict stock performance.

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Crooks net $11m in bitcoin scams - research

21 hours ago  | 2 comments | 5 tweets | 2 linkedin

Scammers have duped unsuspecting victims out of at least $11 million in bitcoin over the last four years, according to researchers from Southern Methodist University, Dallas.

Retail banking

Bharti Airtel seeks Indian payments bank license

29 January 2015  | 2 comments | 7 tweets | 4 linkedin

Indian telco Bharti Airtel says that it will apply for a payments bank license as it prepares to make a grab for the country's huge underexploited mobile banking market.

North American bank IT spending is set to grow from $59.5 billion in 2014 to $62.2 billion in 2015, as the region's banks continue to right-size their branch networks and overhaul their online and mobile channels.

MasterCard has kicked off the first in a series of ten global hackathons in Sydney, where developers will compete for a place in the final and the chance to win a $100,000 grand prize

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