08 February 2016

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European mobile banking service Pocopay goes live
Retail banking

European mobile banking service Pocopay goes live

05 February 2016  |  4815 views  |  0 comments | 20 tweets | 9 linkedin

Pocopay, a mobile banking service aiming to take on Europe's high street giants, has launched in the Netherlands, Spain and its home market of Estonia.

Wearable payments startup Fit Pay secures $3.1 million in seed funding
Start ups

Wearable payments startup Fit Pay secures $3.1 million in seed funding

05 February 2016  |  4582 views  |  1 comments | 19 tweets | 6 linkedin

Fit Pay, a wearable payments startup founder by former Visa and CyberSource executives, has raised $3.1 million in a seed funding round led by Germany's Giesecke & Devrient.

ANZ chief Elliott invites startups to email him directly
Wholesale banking

ANZ chief Elliott invites startups to email him directly

05 February 2016  |  3521 views  |  0 comments | 7 tweets | 11 linkedin

New ANZ boss Shayne Elliott, who has publicly declared that his legacy will be the digital transformation of the Australian bank, has invited fintech startups to email him personally with their ideas for improving customer services at the 180-year old institution.

Turkish ACH BKM launches FinTech Istanbul
Wholesale banking

Turkish ACH BKM launches FinTech Istanbul

05 February 2016  |  3934 views  |  0 comments | 14 tweets | 8 linkedin

Turkish interbank card centre BKM is collaborating with academics from Istanbul University and Ozyegin University to provide a framework for the country's startup ecosystem through the formation of FinTech Istanbul.

Simplex promises to make it easy to buy bitcoin with credit cards
Start ups

Simplex promises to make it easy to buy bitcoin with credit cards

05 February 2016  |  3797 views  |  0 comments | 12 tweets | 4 linkedin

Simplex, an Israeli startup that enables the purchase of bitcoins via credit cards, has launched with $8.4 million in the bank.

Visa opens up to developers
Cards

Visa opens up to developers

04 February 2016  |  7433 views  |  3 comments | 23 tweets | 40 linkedin

Visa is vowing to transform from a payments network to an open platform through the launch of a developer portal that gives banks, merchants and tech firms access to its technology, products and services.

Stellar builds instant money transfer network in Nigeria
Payments

Stellar builds instant money transfer network in Nigeria

04 February 2016  |  3284 views  |  0 comments | 15 tweets | 8 linkedin

A new low-cost payment transfer network using distributed ledger technology has launched in Nigeria, helping hundreds of thousands of rural women send money via microfinance institutions.

ABN Amro rolls out Snapchat communications channel
Retail banking

ABN Amro rolls out Snapchat communications channel

04 February 2016  |  3873 views  |  0 comments | 12 tweets | 13 linkedin

ABN Amro is to use popular file-sharing app Snapchat as a channel for communications with its customers.

Political tweet leads SF Fed to tighten Twitter policy
Retail banking

Political tweet leads SF Fed to tighten Twitter policy

04 February 2016  |  1954 views  |  0 comments | 5 tweets | 1 linkedin

The Federal Reserve Bank of San Francisco has banned employees from tweeting from its Twitter account on personal devices after it was forced to hastily delete a political micro-missive.

Fintech rising: Resistance is futile, says UBS CIO
Start ups

Fintech rising: Resistance is futile, says UBS CIO

04 February 2016  |  10715 views  |  3 comments | 48 tweets | 41 linkedin

Digitalisation is set to transform most aspects of the financial industry. Far from resisting it, banks should be embracing these fundamental changes, says Oliver Bussmann, group CIO at UBS.

Blockstream raises $55m
Wholesale banking

Blockstream raises $55m

03 February 2016  |  3087 views  |  0 comments | 12 tweets | 22 linkedin

Blockchain outfit Blockstream has raised $55 million in a Series A funding round led by Horizons Ventures, AXA Strategic Ventures, and Digital Garage.

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