28 February 2015

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Banco do Brazil, PNC Bank and US Bank are set to join the growing band of finacial services firms working with Visa to offer their customers HCE-based contactless mobile payments.

Woman figure shopping on top of keyboard
Retail banking

Visa to buy offers specialist TrialPay

9 hours ago  | 0 comments | 5 tweets | 2 linkedin

Visa has struck an agreement to acquire American transactional advertising outfit TrialPay. Financial terms of the deal have not been disclosed.

In what it claims is a European first, Spain's CaixaBank has launched a mobile app that responds to voice commands.

softcard
Cards

Softcard confirms shut down

14 hours ago  | 0 comments | 9 tweets | 3 linkedin

US telco-owned mobile payments venture Softcard has confirmed that is shutting down after selling off technology and intellectual property to Google.

In our continuing series, in association with the Breaking Banks radio show, looking at accomplished and interesting women working and changing the FinTech sector, Liz Lumley sits down with Level 39 co-founder and Innovate Finance CEO Claire Cockerton.

The Corporate and Investment Banking arm of JPMorgan Chase is on the hunt for new product developers who "care about disruption" and have "an opinion on bitcoin and other cryptocurrencies".

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Mobile & online

Google said to prep Android Pay API

26 February 2015  | 0 comments | 17 tweets | 4 linkedin

Google is preparing to launch a payments API that will enable third party developers to embed in-store and in-app payments within their apps, according to press reports.

Retail banking

TSB wades into bank branch debate

26 February 2015  | 0 comments | 6 tweets | 8 linkedin

While other banks are closing branches, the UK's TSB has launched a staunch defence of the branch network, making its high street presence front and centre of its proposition to attract more customers from competitor banks.

Virtual currency

Bank of England could issue own digital currency

26 February 2015  | 3 comments | 40 tweets | 22 linkedin

Like its counterparts in the US, the Bank of England is pondering the implications of issuing its own digital currency.

Chicago-based Victory Park Capital has set out plans to raise £200 million through a listing on the London Stock Exchange for a new vehicle which will invest through person-to-person lending platforms.

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