01 April 2015

Latest innovation news

New Zealand mobile wallet JV launches

5 hours ago  |  1146 views  |  1 comments

Some of New Zealand's biggest banks and telcos have joined forces to launch Semble, a SIM-based NFC mobile payments service.

Apple Pay users running into checkout problems - survey

14 hours ago  |  2669 views  |  2 comments | 5 tweets | 12 linkedin

Apple Pay may be boasting impressive adoption rates but two thirds of people who use the system have run into problems at the checkout, according to a survey from Phoenix Marketing International (PMI).

CBA unveils Albert tablet payment device

19 hours ago  |  2580 views  |  0 comments | 3 tweets | 7 linkedin

Commmonwealth Bank of Australia is making a move into the point-of-sale hardware market, teaming up with German tech firm Wincor Nixdorf and Ideo to launch a seven inch Android based tablet system dubbed Albert.

Snapchat posts sees RBS investment bank head ousted

19 hours ago  |  3502 views  |  0 comments | 7 tweets | 3 linkedin

Rory Cullinan has resigned as head of RBS' investment bank after a series of messages he posted on social media app Snapchat were published in the Sun newspaper in the UK, according to the FT.

Canada's D+H agrees $1.25bn Fundtech acquisition

20 hours ago  |  3060 views  |  0 comments | 5 tweets | 19 linkedin

Canadian financial technology firm D+H is to buy transaction banking vendor Fundtech for $1.25 billion in cash, subject to regulatory approvals.

Westpac launches online SME tools

21 hours ago  |  1914 views  |  0 comments | 5 tweets | 5 linkedin

Westpac has launched a Live Online Lending Application (Lola) to help small to medium sized enterprises apply for loans and a MyBusiness Assist platform to help businesses plan, manage and finance their firms more easily.

MasterCard strengthens Silicon Valley outpost

31 March 2015  |  2279 views  |  0 comments | 4 tweets | 2 linkedin

In an effort to embed itself more firmly within Silicon Valley, MasterCard is relocating its emerging merchants team to its San Carlos Center of Excellence.

Sydney fintech hub opens

31 March 2015  |  2759 views  |  0 comments | 5 tweets | 3 linkedin

Australian EFTPOS outfit Tyro Payments is opening a fintech hub in Sydney where startups can rent deskspace.

Ex-federal agents charged with stealing Silk Road-related bitcoins

30 March 2015  |  1985 views  |  0 comments | 5 tweets | 3 linkedin

Two former federal agents have been charged with stealing hundreds of thousands of dollars worth of bitcoin during the investigation of the Silk Road dark web marketplace.

RateSetter gets £20m investment

30 March 2015  |  2792 views  |  0 comments | 12 tweets | 7 linkedin

Peer-to-peer lender RateSetter has secured a £20 million investment from veteran banker Ken Costa, along with Woodford Investment Management and Artemis.

Santander Innoventures invests $5m in MyCheck

30 March 2015  |  3137 views  |  0 comments | 8 tweets | 7 linkedin

The Israel-based MyCheck is the first major investment to be announced by the Spanish bank's $100 million venture fund.

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