02 August 2015

Latest innovation news

Nasdaq OMX and Markit ponder Interactive Data acquisition - WSJ

Nasdaq OMX and Markit ponder Interactive Data acquisition - WSJ

31 July 2015  |  1534 views  |  0 comments | 2 linkedin

Nasdaq OMX, Markit and private equity firms are all eyeing up a potential acquisition of Interactive Data in a deal that could be worth more than $5 million, including debt, according to the Wall Street Journal.

Deutsche Bank backs blockchain potential

Deutsche Bank backs blockchain potential

31 July 2015  |  3732 views  |  0 comments | 19 tweets | 12 linkedin

Deutsche Bank is the latest major financial institution to laud the potential of the blockchain, confirming that it is exploring the use of distributed ledger technology for everything from securities clearing and settlement to anti-money laundering registries.

Fidelity National Information Services said to be in talks to buy SunGard

Fidelity National Information Services said to be in talks to buy SunGard

31 July 2015  |  2949 views  |  0 comments | 8 tweets | 6 linkedin

Shares in Fidelity National Information Services have climbed on speculation that the payment services group is in talks to buy financial technology conglomerate SunGard.

NatWest blames online outage on DDoS attack

NatWest blames online outage on DDoS attack

31 July 2015  |  4265 views  |  0 comments | 13 tweets | 5 linkedin

NatWest says that a Distributed Denial of Service attack knocked out its site on Friday, leaving customers unable to access online banking services.

CSC and HCL to form core banking joint venture

CSC and HCL to form core banking joint venture

31 July 2015  |  2222 views  |  0 comments | 3 tweets | 4 linkedin

CSC and India's HCL Technologies have signed a definitive joint venture agreement to form a banking software and services company addressing the multi-billion-dollar, global core banking software market.

MasterCard pays out $61 million to settle Tesco interchange suit

MasterCard pays out $61 million to settle Tesco interchange suit

31 July 2015  |  3382 views  |  0 comments | 9 tweets | 7 linkedin

MasterCard has shelled out $61 million to UK supermarket chain Tesco in the first of an expected wave of settlements by card schemes over interchange fee lawsuits lodged by British retailers.

London street traders urged to adopt mobile and contactless payments

London street traders urged to adopt mobile and contactless payments

31 July 2015  |  3562 views  |  0 comments | 14 tweets | 9 linkedin

London traders have been urged to start using contactless payments as part of a £20 million fund established by City Hall to regenerate the capital's high streets.

George Galloway proposes 'MayorsChain' to track city finances

George Galloway proposes 'MayorsChain' to track city finances

30 July 2015  |  3593 views  |  0 comments | 8 tweets | 4 linkedin

Radical anti-establishment politician and prospective London mayoral candidate George Galloway is proposing to use the blockchain to track the capital's $17 billion budget in real time.

Will Uber be the Uber of banking?

Will Uber be the Uber of banking?

30 July 2015  |  7554 views  |  2 comments | 40 tweets | 31 linkedin

The Uber of banking might well turn out to be....Uber, as the darling of the startup scene ditches banking partner Santander to set up its own car financing arm.

MasterCard to connect Europe to Samsung Pay

MasterCard to connect Europe to Samsung Pay

30 July 2015  |  5430 views  |  2 comments | 19 tweets | 13 linkedin

Samsung has struck a deal with MasterCard to connect European card issuers to the handset manufacturer's forthcoming mobile payments service.

Commerzbank venture fund invests in iwoca

Commerzbank venture fund invests in iwoca

30 July 2015  |  2024 views  |  0 comments | 7 tweets | 4 linkedin

The venture capital arm of Germany's CommerzBank has joined in a $20m funding round for UK-based SME lending platform iwoca.

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