05 May 2015

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BBVA restructures to achieve 'digital transformation'
Payments

BBVA restructures to achieve 'digital transformation'

2 hours ago  |  1415 views  |  0 comments | 9 tweets | 5 linkedin

BBVA has named digital banking head Carlos Torres Vila as president & COO and charged him with responsibility for leading a fresh management team for which technology transformation is identified as the bank's "main strategic priority".

Goldman eyes digital banking opportunity
Wholesale banking

Goldman eyes digital banking opportunity

3 hours ago  |  1462 views  |  0 comments | 6 tweets | 6 linkedin

Goldman Sachs has hired former Discover card services executive Harit Telwar to head up a new digital banking unit, taking its cue from the swathes of fintech startups that are using technology-led services to penetrate one-time banking strongholds in lending to customers and small businesses.

Christian Aid encourages mobile donations with interactive TV ad
Retail banking

Christian Aid encourages mobile donations with interactive TV ad

12 hours ago  |  1577 views  |  0 comments | 1 tweets | 1 linkedin

Christian Aid is set to broadcast an interactive TV advert that uses audiotagging technology to make it easy for viewers to donate to the charity through their mobile phones.

US shift to EMV gathers momentum
Retail banking

US shift to EMV gathers momentum

18 hours ago  |  2493 views  |  1 comments | 8 tweets | 12 linkedin

America will have finally completed the shift to EMV chip cards by the end of 2017, according to a trade body set up to push the migration from magstripe plastic.

Steve Wozniak joins board of blockchain-tapping ATM startup
Cards

Steve Wozniak joins board of blockchain-tapping ATM startup

20 hours ago  |  3841 views  |  2 comments | 29 tweets | 17 linkedin

Apple co-founder Steve Wozniak has joined the board of a new fintech firm promising to use the blockchain to overhaul the ATM market.

BBVA Compass taps social media for small biz ideas contest
Retail banking

BBVA Compass taps social media for small biz ideas contest

01 May 2015  |  2406 views  |  0 comments | 5 tweets | 2 linkedin

BBVA Compass has launched a contest inviting small businesses to use Twitter and Instagram to pitch for cash rewards.

Barclays launches £100 million fund for fast-growing tech firms
Start ups

Barclays launches £100 million fund for fast-growing tech firms

01 May 2015  |  5763 views  |  0 comments | 19 tweets | 10 linkedin

Barclays Bank is launching a £100 million fund to provide debt-financing to help fast-growing UK tech startups.

Visa Europe opens innovation hub
Retail banking

Visa Europe opens innovation hub

01 May 2015  |  9136 views  |  2 comments | 38 tweets | 21 linkedin

Visa Europe has launched an innovation hub, promising to help startups build payments-related technologies and services, with the best being rolled out to the card giant's member banks, retailers and consumers.

Ex-JPMorgan staffer charged with selling customer account info
Retail banking

Ex-JPMorgan staffer charged with selling customer account info

01 May 2015  |  2557 views  |  0 comments | 2 tweets | 1 linkedin

A former JPMorgan Chase worker has been arrested by the FBI on charges that he stole customer account information and sold it to an undercover informant.

Romanian police bust $15m cybergang
Cards

Romanian police bust $15m cybergang

30 April 2015  |  3212 views  |  0 comments | 7 tweets | 3 linkedin

Romanian police have arrested 25 people accused of being part of a cybergang that used cloned cards to steal more than $15 million in thousands of ATM withdrawals around the world.

USAA leads $30 million investment in PFM outfit MX
Mobile & online

USAA leads $30 million investment in PFM outfit MX

30 April 2015  |  2220 views  |  0 comments | 14 tweets | 21 linkedin

Personal financial management startup MX - formerly MoneyDesktop - has raised $30 million in Series A financing, led by USAA via a subsidiary, with participation from Japanese incubator Digital Garage.

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