02 September 2015

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India joins Better Than Cash Alliance
Retail banking

India joins Better Than Cash Alliance

1 hour ago  |  727 views  |  0 comments | 1 linkedin

India has joined the UN-based Better Than Cash Alliance as it bids to accelerate the country's migration to electronic payments as part of a more general strategy to boost financial inclusion.

PayPal rolls out personalised URLs for P2P payments
Mobile & online

PayPal rolls out personalised URLs for P2P payments

14 hours ago  |  3073 views  |  0 comments | 25 tweets | 14 linkedin

Paypal has introduced a new person-to-person payments feature which enables account holders to request money from friends, family and colleagues via a personalised URL.

ANZ builds Innovation Lab in A$450 million deal with IBM
Retail banking

ANZ builds Innovation Lab in A$450 million deal with IBM

14 hours ago  |  2741 views  |  0 comments | 8 tweets | 6 linkedin

ANZ has signed a five-year A$450 million deal with IBM to increase productivity and innovation across the Australian bank through the use of cloud-based services, mainframe technology and analytics software.

Federal agent pleads guilty to looting Silk Road cash
Retail banking

Federal agent pleads guilty to looting Silk Road cash

15 hours ago  |  1916 views  |  0 comments | 4 tweets | 2 linkedin

A former US Secret Service agent has pleaded guilty to stealing $820,000 worth of bitcoin during the investigation into the Silk Road dark bazaar.

UK boosts contactless limit to £30
Cards

UK boosts contactless limit to £30

01 September 2015  |  4006 views  |  8 comments | 22 tweets | 14 linkedin

As the contactless payments limit in Britain rises from £20 to £30, new figures from the UK Cards Association show that more than £2.5 billion was spent via tap and go in the first half of 2015.

Barclays to tap Bitcoin for charity donations
Retail banking

Barclays to tap Bitcoin for charity donations

31 August 2015  |  3637 views  |  0 comments | 9 tweets | 7 linkedin

Barclays is preparing a Bitcoin pilot that will enable people to make donations to charities in the cryptocurrency, according to the Sunday Times.

Third of Brits expect day-to-day mobile payments within five years
Cards

Third of Brits expect day-to-day mobile payments within five years

31 August 2015  |  7109 views  |  0 comments | 36 tweets | 14 linkedin

With contactless cards and mobile payments growing in popularity, a quarter of Brits think that in just five years' time they will no longer need cash, according to a survey for Lloyds Bank.

Payments UK sets out vision for 'world class' services
Cards

Payments UK sets out vision for 'world class' services

28 August 2015  |  6167 views  |  0 comments | 17 tweets | 10 linkedin

Trade association Payments UK has vowed to improve access to payments infrastructure and give customers more control over transactions as part of a drive to ensure Britain has a "world class" system.

Swedish mPOS firm iZettle raises EUR60m for move into small business lending
Start ups

Swedish mPOS firm iZettle raises EUR60m for move into small business lending

28 August 2015  |  5450 views  |  0 comments | 12 tweets | 8 linkedin

Swedish mPOS vendor iZettle has raised EUR60 million in a Series D funding round to help it launch a cash advance service for its small business customers.

HSBC glitch leaves thousands of customers without salaries
Retail banking

HSBC glitch leaves thousands of customers without salaries

28 August 2015  |  5787 views  |  1 comments | 13 tweets | 7 linkedin

An IT problem at HSBC has affected some 275,000 Bacs payments and left thousands of customers without their monthly salaries just before a bank holiday.

SunGard apologises for BNY Mellon system glitch
Trade execution

SunGard apologises for BNY Mellon system glitch

28 August 2015  |  4129 views  |  0 comments | 4 tweets | 3 linkedin

SunGard has issued a public apology to custody bank BNY Mellon for the outage of its InvestOne accounting system used by the bank to price thousands of funds.

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