22 May 2013

Latest News

Payments

Live: EBAday 2013, day two

47 minutes ago  |  242 views  |  0

Payments professionals from across Europe are gathering in Berlin this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

Cards

Mobile POS sales to top $2 billion in 2013

8 hours ago  |  698 views  |  0

The Mobile POS market will surpass $2 billion in hardware/software sales in North America in 2013, and 28% of North American retailers plan to adopt Mobile POS in some form by the end of 2013, according to research from IHL Group

Wholesale banking

Young exits Bloomberg after less than a year

19 hours ago  |  1198 views  |  0

Stanley Young has departed Bloomberg less than a year after jumping ship as CEO of Nyse Technologies to become chief executive of the market data vendor's enterprise products and solutions division.

Payments

Square launches e-mail cash transfers; Google shutters CheckOut

23 hours ago  |  1921 views  |  0

Square is to move into PayPal's core territory with the invitation-only launch of a P2P email cash transfer service, dubbed Square Cash.

Mobile & online

Live: EBAday 2013, day one

21 May 2013  |  2183 views  |  0

Payments professionals from across Europe are gathering in Berlin this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

Retail banking

Major German banks to switch domestic payments to EBA's Step2 ACH

21 May 2013  |  1778 views  |  0

A core group of seven German banks are to use EBA Clearing's pan-European Automated Clearing House Step2 for processing Sepa-compliant domestic payments in euros.

Retail banking

Vasco acquires Cronto

20 May 2013  |  1409 views  |  0

Software security house Vasco has acquired UK-based Cronto for a maximum EUR17 million in cash.

Post-trade & ops

Buy side spending on execution and order management systems rising year-on-year

20 May 2013  |  1991 views  |  0

Institutional investors spend between $1.5 billion and $2 billion per year on order management and execution management systems for their trading desks - a growing amount due to increased demands for compliance tools and the need to keep pace with rapid changes in market structure.

Retail banking

Contactless payments reach 'watershed moment' - Visa Europe

20 May 2013  |  3937 views  |  6

Contactless payments have reached a critical inflexion point, says Visa Europe, with more than 19 million transactions conducted across Europe in March.

Wholesale banking

Bloomberg hires former IBM chief Palmisiano to conduct data privacy probe

20 May 2013  |  1735 views  |  0

Bloomberg has hired former IBM chairman and CEO Sam Palmisiano as an independent advisor to review privacy and data standards practices at the company.

Mobile & online

BNP Paribas launches digital mobile bank

17 May 2013  |  4276 views  |  0

BNP Paribas has launched Europe's first stand-alone digital mobile bank, Hello Bank!, in Belgium and Germany.

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