26 May 2015

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Retail banking

Icici rolls out voice recognition tech

6 hours ago  | 0 comments | 4 tweets | 3 linkedin

India's Icici Bank is introducing voice recognition technology at its call centres, enabling customers to authenticate themselves simply by speaking.

Payments

MasterCard's $19m Target settlement falls through

22 May 2015  | 0 comments | 6 tweets | 2 linkedin

MasterCard's $19 million settlement with Target over the retailer's data breach has collapsed in the face of opposition from banks.

The UK's established high street banks may have to set up greenfield operations free of legacy tech to take on the better-performing small challenger banks nipping at their heels, according to a report from KPMG.

Bruce Oreck, the US Ambassador to Finland, is to be the keynote speaker at Finextra's up-and-coming Future Money Nordics event in Helsinki.

JPMorgan Chase has launched a think tank that promises to deliver data-rich analysis that addresses big global economic challenges for the "public good".

Cybercrooks are increasingly targeting lonely hearts and cryptocurrency enthusiasts, scamming them out of their savings, according to the FBI.

Features and analysis

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The UK is one of just three countries that has declined to sign up to new European guidelines designed to make online payments more secure.

Payments

Square opens Australian operation

21 May 2015  | 0 comments | 4 tweets | 7 linkedin

Mobile payments company Square is to open its fourth global hub in Melbourne, Australia, to drive sales of its Register tablet POS.

Mobile & online

Postbank trials HCE mobile payments

21 May 2015  | 0 comments | 9 tweets | 8 linkedin

Germany's Postbank is to run an internal pilot of an NFC mobile payments app operating in a Host Card Emulation environment.

Mobile & online

Cash overtaken by non-cash payments in the UK

21 May 2015  | 5 comments | 48 tweets | 31 linkedin

For the first time, last year more payments in the UK were made electronically than with cash, according to figures from the Payments Council.

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