09 October 2015

All News

The European Parliament has formally adopted the revised Directive on Payment Services (PSD2), a set of sweeping new rules proposed by the European Commission to boost competition and innovation while improving consumer protections.

Banks must embrace fintech companies or risk being left behind as the payments landscape undergoes a radical technological overhaul, according to a new report from BNY Mellon.

Risk & regulation

Clinton plans HFT tax

5 hours ago  | 0 comments | 1 tweets

Hillary Clinton has vowed to impose a high-frequency trading tax as part of a Wall Street reform package if she becomes president.

Transaction banking

China launches cross-border payment system

14 hours ago  | 0 comments | 10 tweets | 24 linkedin

China's cross-border interbank payments system, established as a yuan-based alternative to the interbank Swift network, has launched with 11 domestic banks and eight foreign institutions onboard.

Venture Capital investment into London's booming fintech industry in the first nine months of the year has already eclipsed the sums raised throughout 2014, according to data from London & Partners.

Retail banking

Chinese hackers breach LoopPay

08 October 2015  | 0 comments | 8 tweets | 6 linkedin

Hackers affiliated with the Chinese government have breached the computer network of the mobile wallet outfit at the centre of Samsung Pay, according to the New York Times.

Features and analysis

More News


JCB to trial palm vein authentication for cardless payments

07 October 2015  | 2 comments | 11 tweets | 18 linkedin

Japanese card scheme JCB is to trial the use of palm vein authentication technology from Fujitsu for cardless purchases at ATMs and merchant terminals.

Thomson Reuters is opening up its Eikon desktop with the launch of an app development suite that lets third parties create and house their own offerings.

Barclays Bank is taking its fintech accelerator programme to South Africa, extending its search for entrepreneurial startups to emerging economies on the African sub-continent.


Hacker slams Danske Bank for alleged security failure

07 October 2015  | 0 comments | 6 tweets | 8 linkedin

Denmark's Danske Bank has been named and shamed by a white hat hacker for allegedly leaking confidential customer data in the form of session cookies on its public website.

Latest company announcements

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