27 March 2015

All retail banking news

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US mobile banking on the rise - Fed study

8 hours ago  | 0 comments | 1 tweets

Nearly 40% of banked Americans that have mobile phones now use their handsets to access their accounts, according to research from the Federal Reserve Board.

Mariano Belinky joined Santander Innoventures from McKinsey & Co. where he spent six years advising global banks and asset managers on strategy. Now he runs the Spanish bank's $100 million venture fund to lead a financial services digital revolution.

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PayPal pays $7.7m in US sanctions case

18 hours ago  | 4 comments | 2 tweets | 4 linkedin

PayPal has agreed to pay $7.7 million to settle charges from the US Treasury that lax screening technology saw the firm violate multiple sanctions programmes.

Keys on Card

Europe sets the pace as fintech investment triples in 2014

23 hours ago  | 0 comments | 18 tweets | 14 linkedin

Global investment in fintech ventures tripled from $4.05 billion in 2013 to $12.2 billion in 2014, with Europe being the fastest growing region in the world, according to a new report by Accenture.

The UK government's midata initiative has launched, enabling Brits to download their current account transactional data and put it into online tools that will help them find the most suitable providers.

London - Big Ben

Barclays and PayPal join Government ID access scheme

26 March 2015  | 0 comments | 10 tweets | 9 linkedin

Barclays and PayPal are among a list of nine companies applying to act as identity providers for UK consumers accessing Government services online.

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