29 March 2015

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UK online banking fraud losses soar 48%

27 March 2015  | 0 comments | 9 tweets | 11 linkedin

Online banking fraud jumped 48% to £60.4 million in 2014, according to figures put together by Financial Fraud Action UK (FFA UK), which blames the rise on malware and confidence tricksters.

Challenger banks will feature heavily in the upcoming Swift Business Forum in London. Craig Donaldson, CEO at Metro Bank UK, is joined by keynote speaker Sir David Clementi, ex-deputy governor of the Bank of England and chairman of Virgin Money.

Mariano Belinky, Santander Innoventures

Future Money Focus: Mariano Belinky, Santander Innoventures

27 March 2015  | 0 comments | 7 tweets | 10 linkedin

Mariano Belinky joined Santander Innoventures from McKinsey & Co. where he spent six years advising global banks and asset managers on strategy. Now he runs the Spanish bank's $100 million venture fund to lead a financial services digital revolution.

lady using smartphone

US mobile banking on the rise - Fed study

27 March 2015  | 0 comments | 13 tweets | 14 linkedin

Nearly 40% of banked Americans that have mobile phones now use their handsets to access their accounts, according to research from the Federal Reserve Board.

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PayPal pays $7.7m in US sanctions case

26 March 2015  | 4 comments | 8 tweets | 9 linkedin

PayPal has agreed to pay $7.7 million to settle charges from the US Treasury that lax screening technology saw the firm violate multiple sanctions programmes.

Keys on Card

Europe sets the pace as fintech investment triples in 2014

26 March 2015  | 0 comments | 29 tweets | 20 linkedin

Global investment in fintech ventures tripled from $4.05 billion in 2013 to $12.2 billion in 2014, with Europe being the fastest growing region in the world, according to a new report by Accenture.

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