04 July 2015

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Bank regulator IT examiners need more training - report
Security

Bank regulator IT examiners need more training - report

19 hours ago  |  1523 views  |  0 comments | 2 tweets | 4 linkedin

American banking regulators are sending staffers with "little or no" tech training to carry out IT examinations at smaller institutions, according to a report from the US Government Accountability Office (GAO).

Fintech leads the charge as VC investment in UK tech firms hits record highs
Start ups

Fintech leads the charge as VC investment in UK tech firms hits record highs

21 hours ago  |  2256 views  |  0 comments | 6 tweets | 3 linkedin

Venture capital investment into Britain’s technology companies has hit a record high of nearly $1.5bn during the first six months of this year, with London-based fintech firms leading the charge.

Amazon amplifies interest in financial services with BankBazaar investment
Start ups

Amazon amplifies interest in financial services with BankBazaar investment

22 hours ago  |  2211 views  |  0 comments | 8 tweets | 2 linkedin

Amazon has led a $60 million funding round in Indian financial services marketplace BankBazaar.

Nordea sets up fintech accelerator
Start ups

Nordea sets up fintech accelerator

22 hours ago  |  2463 views  |  0 comments | 10 tweets | 8 linkedin

With Sweden recently staking a claim as a fintech hotspot, Stockholm-headquartered Nordea has moved to grab a slice of the action by setting up an accelerator programme with Finnish innovation agency Nestholma to nurture small businesses developing digital banking services across the Nordics.

Infosys wins AIB outsourcing deal; establishes $10 million innovation fund
Wholesale banking

Infosys wins AIB outsourcing deal; establishes $10 million innovation fund

23 hours ago  |  2447 views  |  0 comments | 2 tweets | 1 linkedin

Indian IT services group Infosys is to set aside $10 million from its $500 million innovation fund to invest in Irish startups on the back of a new outsourcing deal with Allied Irish Bank.

RBA seeks supplier for new core banking platform
Payments

RBA seeks supplier for new core banking platform

23 hours ago  |  1632 views  |  0 comments | 1 tweets

The Reserve Bank of Australia has gone to tender for a new core banking system.

Brazilian malware kingpin outed as 20-year-old student
Mobile & online

Brazilian malware kingpin outed as 20-year-old student

03 July 2015  |  2558 views  |  0 comments | 4 tweets

A notorious cybercrook responsible for more than 100 online banking Trojans has been outed by security firm Trend Micro as a 20-year-old Brazilian computer science student.

Citi launches New York Mets social media sweepstakes
Retail banking

Citi launches New York Mets social media sweepstakes

03 July 2015  |  1469 views  |  0 comments | 1 tweets

Citi is wrapping 50 bicycles in New York Mets colours for a social media sweepstakes, inviting locals to post photos of the bikes on Twitter and Instagram for the chance to win baseball-related prizes.

ING names Benoit Legrand head of fintech
Retail banking

ING names Benoit Legrand head of fintech

02 July 2015  |  3225 views  |  0 comments | 10 tweets | 7 linkedin

ING has appointed Benoit Legrand to the newly-created role of head of fintech, charging him with developing a strategy for how the bank deals with financial technology firms.

Trump hotels investigate card breach claims
Cards

Trump hotels investigate card breach claims

02 July 2015  |  2117 views  |  0 comments | 2 linkedin

Donald Trump's luxury hotel chain appears to have fallen victim to a data breach that has seen credit card data compromised.

Citi builds blockchains
Payments

Citi builds blockchains

02 July 2015  |  3961 views  |  1 comments | 22 tweets | 9 linkedin

Citi has been exploring distributed ledger technology for years, building three blockchains and creating its own crypto-currency, dubbed Citicoin, the banking giant has told International Business Times.

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