01 July 2015

All mobile & online news

Santander and Monitise form fintech venture

1 hour ago  | 0 comments | 4 tweets | 3 linkedin

Banco Santander and mobile money vendor Monitise have formed a £20 million joint venture that will invest in and help build fintech startups.

US banks pump $16.6bn into digital transformation

8 hours ago  | 0 comments | 18 tweets | 9 linkedin

American retail banks will spend $16.6 billion on "digital transformation initiatives" this year, according to research from IDC Financial Insights.

Singapore pledges S$225m to fintech

14 hours ago  | 0 comments | 14 tweets | 7 linkedin

Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech.

Barclays and Europol sign cybercrime MoU

30 June 2015  | 0 comments | 8 tweets | 6 linkedin

Europol’s European Cybercrime Centre (EC3) and Barclays have signed a Memorandum of Understanding (MoU) to combat the threats posed to financial services firms by online criminal gangs.

Smartphone challenger bank Mondo awaits approval from BofE

30 June 2015  | 0 comments | 15 tweets | 6 linkedin

UK banking startup Mondo - established by a team who flew the nest at fledgeling challenger Starling - is to meet with the Bank of England on Wednesday to make its case for approval for a full banking license after raising £2 million in funding from Passion Capital.

UK payments regulator calls for 'pipes and wires' innovation

29 June 2015  | 6 comments | 25 tweets | 13 linkedin

The managing director of Britain's new Payments Systems Regulator has bemoaned a lack of innovation in the back-end infrastructure of payments, and warned that she will step in if industry does not up its game.

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