26 March 2015

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BofE rapped over crisis management failings in RTGS breakdown

25 March 2015  | 0 comments | 4 tweets | 2 linkedin

The Bank of England has been told it needs to improve contingency arrangements and strengthen its crisis management framework following an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last year.

In our continuing series, in association with the Breaking Banks radio show, looking at accomplished and interesting women working and changing the FinTech sector, Liz Lumley sits down Templars PR CEO and founder of the Social Media Charter, Kitty Parry.


Alibaba advances on Europe with iwoca and ezbob tie-up

11 March 2015  | 0 comments | 9 tweets | 7 linkedin

Alibaba has enlisted the help of two UK working capital startups to provide micro-financing to European firms wishing to buy from Chinese suppliers.

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EBA Clearing forms pan-European instant payments task force

09 March 2015  | 0 comments | 7 tweets | 14 linkedin

EBA Clearing has launched a task force to lay the groundwork for a Europe-wide instant payment processing service it hopes to have up and running by 2018.

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Swift Nordics Conference - Live Blog Day 2

05 March 2015  | 0 comments | 4 tweets

The main theme for the Swift Regional Conference in Copenhagen this year is disruption. The programme will explore the different challenges arising from newcomers, technology and regulation. It will look at how the financial industry can cope and turn these challenges into opportunities.

At least 67% of bank IT budgets are still being spent on maintenance and compliance rather than transformative projects that can create value, according to research conducted by Finextra on behalf of CSC.

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