A UK voice biometrics start-up has launched an iPhone app it says could replace PINs as a way to validate financial transactions.
A London court has jailed three men for a massive phishing scam which netted the personal details of around 30,000 bank customers from around the world.
Barclays customers will soon be able to use their Pingit mobile payments app to make purchases by scanning QR codes on adverts, the bank's managing director of cash management, Richard Martin, has told Finextra.
ERN, the UK-based start-up behind a platform that allows banks and merchants to aggregate and analyse data generated by card transactions, has raised $1.6 million in seed funding.
A government-sponsored report into falling banking standards in the UK has made a raft of significant recommendations, ranging from the jailing of senior bankers for reckless management practices, encouraging more competition from new 'challenger' banks, and placing more women on the trading floor.
IT giant SAP has launched a contest for American financial engineering university students, inviting them to pitch technology ideas that will help shape the future of capital markets.
Datawatch has agreed to buy Swedish real-time visual data discovery specialist Panopticon Software for around $31.4 million in stock.
Singapore is to use actual transactional data from Thomson Reuters to calculate benchmark currency rates in the wake of a rate-rigging scandal involving up to 133 traders from 20 banks on the island state.
Wall Street is girding itself for Quantum Dawn 2, a simulated cyber-attack designed to test banks' readiness for an assault from hackers.
Financial data outfit Markit has acquired the assets of Global Corporate Actions Validation Service from the Depository Trust & Clearing Corporation (DTCC). Financial terms of the deal were not disclosed.
With the management of collateral now seen as a critical front-line resource, JPMorgan has launched a service to provide buy- and sell-side clients with real-time insight into their holdings across custody, clearing and counterparty relationships.
© Finextra Research 2013