26 November 2014

All News

Dutch bank ING is to cut 1700 jobs and spend EUR200 million to simplify and upgrade its IT systems over the next three years.

Swipp, a mobile payments service owned by a consortium of Danish banks, has acquired Paii, a rival outfit formed by a group of telcos.

In its latest foray into the commerce sphere, Twitter is testing a feature that lets users add discounts from advertisers on the social network to their payment cards.

Paylib, a PayPal-style online payment system set up last year by French banks, is extending its reach thanks to the addition of Crédit Agricole as a member and a deal with MasterCard that will let people use the service abroad.

The FIX trading community has agreed a set of best practices for use of the messaging protocol for the exchange of pre-trade information in the bond market, as banks and asset managers work together to overcome a liquidity shortage in fixed income trading.

NAB has decommissioned 37 legacy servers that supported its old credit risk engine, following the successful roll-out of a new analytics layer as part of the Australian bank’s NextGen programme.

Latest TV

Features and analysis

More News

Half of Silicon Valley may be bidding to make it a relic of the past, but the old fashioned leather wallet is getting a new lease of life through a high-tech makeover.

A man spent nearly five hours trapped inside a bank branch yesterday after a technology failure locked the door on him.

The Bank of England has appointed Deloitte to conduct an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last month.

Goldman Sachs has led a $15 million investment round in Kensho, a startup that is seeking to supplant human equity analysts with intelligent big data mining bots.

Latest company announcements

9 hours ago 9 hours ago 10 hours ago 11 hours ago 11 hours ago 11 hours ago 11 hours ago 11 hours ago 14 hours ago 14 hours ago 15 hours ago 15 hours ago 15 hours ago 15 hours ago 16 hours ago 16 hours ago 16 hours ago 24 November 2014 24 November 2014 24 November 2014 24 November 2014 24 November 2014 24 November 2014 24 November 2014 24 November 2014

Best of the web

Latest jobs

£150k OTE + benefits
City of London

New York City, NY (USA)

£300K + package with no upper limit
London based with substantial travel in the Region

Find your next job

TV: Meeting RDA compliance for 2016Mike Zehetmayr, Partner, European F...17 hours ago
TV: The debate on the governance of global financeProfessor Erik Jones of The Johns H...24 November 2014
TV: Swift Corporates Forum 20/20Marcus Treacher, Head of Innovation...04 November 2014
TV: The future of paymentsDavid Yates, CEO of Vocalink looks ...02 November 2014
TV: Biometric banking and customer experienceReinhard Rabenstein, CTO and Paul F...31 October 2014
TV: Innovation in payments processingChristophe Vergne, global leader of...30 October 2014
TV: Banking growth in Morocco and beyondIsmail Douiri, CO-CEO, Attijariwafa...27 October 2014

Featured contributor