02 September 2015

Latest News

Finra warns on use of WhatsApp for pump-and-dump scams
Trade execution

Finra warns on use of WhatsApp for pump-and-dump scams

1 hour ago  |  242 views  |  0 comments | 1 linkedin

The Financial Industry Regulatory Authority (Finra) is warning investors about a surge in the use of messaging tools like WhatsApp by pump-and-dump scammers.

UK's £20 banknote to go plastic
Payments

UK's £20 banknote to go plastic

5 hours ago  |  1688 views  |  0 comments | 11 tweets | 4 linkedin

The UK's next £20 note will be printed on polymer in a move to make the paper currency more secure and durable.

Zapp to use behavioural fraud tech to protect mobile users
Retail banking

Zapp to use behavioural fraud tech to protect mobile users

8 hours ago  |  2262 views  |  1 comments | 12 tweets | 5 linkedin

UK m-commerce outfit Zapp is to use fraud detection technology from Cambridge University spin-off Featurespace to protect users of its 'Pay by bank' app at launch later this year.

FC Barcelona's Camp Nou to host Sungard's annual Global Coder Cup
Wholesale banking

FC Barcelona's Camp Nou to host Sungard's annual Global Coder Cup

8 hours ago  |  1017 views  |  0 comments

SunGard is to take over Barcelona's iconic Camp Nou football stadium to host the championship round of its third annual Global Coder Cup, in which eleven teams from five countries will compete to develop innovative new financial service apps.

Atom taps Durham University maths department to develop new banking model
Retail banking

Atom taps Durham University maths department to develop new banking model

9 hours ago  |  2085 views  |  0 comments | 9 tweets | 3 linkedin

Digital challenger bank Atom is collaborating with Durham University and the UK government on a research project to develop a new model for retail banking.

Behold the contactless jacket
Retail banking

Behold the contactless jacket

10 hours ago  |  2776 views  |  0 comments | 17 tweets | 10 linkedin

Fintech fashionistas can now make payments off the cuff with a natty new jacket from Scottish knitwear brand Lyle & Scott that comes complete with a buttoned-down pouch for Barclays' BPay contactless wristbands.

India joins Better Than Cash Alliance
Financial inclusion

India joins Better Than Cash Alliance

19 hours ago  |  2686 views  |  0 comments | 17 tweets | 8 linkedin

India has joined the UN-based Better Than Cash Alliance as it bids to accelerate the country's migration to electronic payments as part of a more general strategy to boost financial inclusion.

PayPal rolls out personalised URLs for P2P payments
Payments

PayPal rolls out personalised URLs for P2P payments

01 September 2015  |  4806 views  |  2 comments | 31 tweets | 18 linkedin

Paypal has introduced a new person-to-person payments feature which enables account holders to request money from friends, family and colleagues via a personalised URL.

ANZ builds Innovation Lab in A$450 million deal with IBM
Wholesale banking

ANZ builds Innovation Lab in A$450 million deal with IBM

01 September 2015  |  4044 views  |  0 comments | 12 tweets | 10 linkedin

ANZ has signed a five-year A$450 million deal with IBM to increase productivity and innovation across the Australian bank through the use of cloud-based services, mainframe technology and analytics software.

Federal agent pleads guilty to looting Silk Road cash
Retail banking

Federal agent pleads guilty to looting Silk Road cash

01 September 2015  |  2505 views  |  0 comments | 6 tweets | 2 linkedin

A former US Secret Service agent has pleaded guilty to stealing $820,000 worth of bitcoin during the investigation into the Silk Road dark bazaar.

UK boosts contactless limit to £30
Cards

UK boosts contactless limit to £30

01 September 2015  |  5079 views  |  8 comments | 31 tweets | 19 linkedin

As the contactless payments limit in Britain rises from £20 to £30, new figures from the UK Cards Association show that more than £2.5 billion was spent via tap and go in the first half of 2015.

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