01 July 2015

Latest News

KFC taps Alipay for Chinese mobile payments
Payments

KFC taps Alipay for Chinese mobile payments

4 hours ago  |  995 views  |  0 comments

KFC has become the latest major retailer to strike a deal with Alipay, enabling customers in China to pay for their fried chicken with their mobile phones.

Interactive Data explores sale or IPO - Reuters
Wholesale banking

Interactive Data explores sale or IPO - Reuters

6 hours ago  |  790 views  |  0 comments

Interactive Data is gearing up for a possible sale or initial public offering that could value the market data outfit at more than $5 billion, according to Reuters.

Santander and Monitise form fintech venture
Mobile & online

Santander and Monitise form fintech venture

7 hours ago  |  2190 views  |  0 comments | 6 tweets | 9 linkedin

Banco Santander and mobile money vendor Monitise have formed a £20 million joint venture that will invest in and help build fintech startups.

US banks pump $16.6bn into digital transformation
Risk & regulation

US banks pump $16.6bn into digital transformation

14 hours ago  |  3131 views  |  1 comments | 20 tweets | 16 linkedin

American retail banks will spend $16.6 billion on "digital transformation initiatives" this year, according to research from IDC Financial Insights.

Singapore pledges S$225m to fintech
Mobile & online

Singapore pledges S$225m to fintech

20 hours ago  |  3996 views  |  0 comments | 17 tweets | 13 linkedin

Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech.

Square launches payroll service
Retail banking

Square launches payroll service

21 hours ago  |  1966 views  |  0 comments | 2 tweets

Square has added to its roster of services aimed at small businesses with the launch of a payroll product.

Greeks flock to Bitcoin
Retail banking

Greeks flock to Bitcoin

30 June 2015  |  4418 views  |  0 comments | 28 tweets | 18 linkedin

Bitcoin exchanges are reporting a surge in interest from Greek users faced with shuttered banks and capital controls.

MasterCard turns parking meters into coupon-delivery tools
Retail banking

MasterCard turns parking meters into coupon-delivery tools

30 June 2015  |  2272 views  |  0 comments | 5 tweets | 6 linkedin

MasterCard has teamed up with Parkeon to launch a couponing platform, called City Connector, that delivers offers and services from local businesses via on-street parking meters.

Barclays and Europol sign cybercrime MoU
Retail banking

Barclays and Europol sign cybercrime MoU

30 June 2015  |  2938 views  |  0 comments | 8 tweets | 6 linkedin

Europol’s European Cybercrime Centre (EC3) and Barclays have signed a Memorandum of Understanding (MoU) to combat the threats posed to financial services firms by online criminal gangs.

Smartphone challenger bank Mondo awaits approval from BofE
Mobile & online

Smartphone challenger bank Mondo awaits approval from BofE

30 June 2015  |  2475 views  |  0 comments | 15 tweets | 6 linkedin

UK banking startup Mondo - established by a team who flew the nest at fledgeling challenger Starling - is to meet with the Bank of England on Wednesday to make its case for approval for a full banking license after raising £2 million in funding from Passion Capital.

Amazon extends seller lending programme to China and India
Payments

Amazon extends seller lending programme to China and India

30 June 2015  |  1941 views  |  0 comments | 4 tweets | 4 linkedin

Amazon is bringing its business loan programme to eight new countries, including China, India and the UK, according to Reuters.

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