25 January 2015

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PayPal cuts off Crimea; MasterCard opens up to Cuba

23 January 2015  | 0 comments | 5 tweets | 2 linkedin

PayPal is cutting off services to customers in Crimea in response to western sanctions related to Russia's annexation of the region last year.

Canary wharf buildings

Financial sector must improve cyber defences - BofE

23 January 2015  | 0 comments | 9 tweets | 3 linkedin

Britain's banks must do more to protect themselves from cyber attacks, says the Bank of England, following an analysis of the perimeter defences and operational resilience of 36 of the nation's top financial service providers.

With only nine months to go until the US EMV migration deadline, more than half of retailers are not ready for the switch, according to a survey from ACI Worldwide.

Bill Gates

Gates makes mobile banking bet

22 January 2015  | 2 comments | 43 tweets | 30 linkedin

By 2030, two billion people who don't have a bank account today will be storing money and making payment with their mobile phones, predicts Bill Gates.

Fingers on smartphone with graph 2

Monitise puts itself up for sale; warns on full year revenues

22 January 2015  | 3 comments | 14 tweets | 11 linkedin

Mobile banking company Monitise has put itself in the shop window, as its stock price deteriorates still further and it warns on full year revenues.

Woman leaning on wall using smartphone

Chase ditches Windows app

22 January 2015  | 0 comments | 8 tweets | 4 linkedin

US banking giant Chase is pulling its Windows mobile app at the end of the month because of a lack of users, telling customers to access their accounts via their browsers.

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