Finextra Research: Latest financial technology news, analysis, jobs and features.

10 Mar, 2010

SIA-SSB reports Bank of Italy contract win Bank of Italy has awarded SIA-SSB a five year, EUR23 million, contract to manage its interbank computerised archive of bad cheques and payment cards.

10 Mar, 2010

Lindsay Lohan sues E*Trade for $100m over 'milkaholic' TV ad Actress Lindsay Lohan is suing E*Trade for $100 million, claiming a "milkaholic" baby in a recent TV commercial from the online broker is based on her.

10 Mar, 2010

Tullett Prebon in takeover talks Shares in Tullett Prebon have jumped 17% after the UK interdealer broker confirmed that it was in talks with a potential acquirer.

10 Mar, 2010

Banks failing to protect small businesses from cyber crime wave The US banking industry is failing to protect its small business customers from a destructive epidemic of cyberfraud that is sweeping the nation, according to research by Guardian Analytics and Ponemon Institute

10 Mar, 2010

Turquoise confirms management line up The new management team at Turquoise has been confirmed, with CEO David Lester joined by Baikal head of technology Mark Ryland.

10 Mar, 2010

Citi exposes 600,000 social security numbers US banking giant Citi has been forced to apologise to around 600,000 customers after sending them year-end tax statements through the post with social security numbers printed on the outside of the envelopes.

10 Mar, 2010

UK card fraud plummets Fraud losses on UK cards tumbled by more than a quarter - to £440 million - last year, the first fall since 2006, according to figures from the UK Cards Association.

09 Mar, 2010

Digital cash set to usurp paper and plastic - Standard Bank Physical cash and its byproducts such as plastic debit and credit cards will soon be usurped by safer and more efficient mobile and digital money services says Standard Bank director Herman Singh, 18 months on from the launch of the South African bank's virtual currency mimoney.

09 Mar, 2010

Barclays business customers to get contactless as standard Barclays says that from March all new and reissued Visa debit cards for business customers will come with contactless technology as standard.

09 Mar, 2010

PayPal tells users to download anti-phishing software PayPal is asking UK customers to download software from Iconix to help identify genuine e-mails sent by the eBay unit and weed out phishing messages.

09 Mar, 2010

UBS plans European dark pool Swiss bank UBS is planning to launch a dark pool multilateral trading facility (MTF) for crossing orders in European stocks.

08 Mar, 2010

IPF Association formed to simplify global credit transfers A group of 21 banks, clearing houses and associated payment service providers have launched the International Payments Framework Association (IPFA).

08 Mar, 2010

Heartland breach still hitting banks A bank in Colorado has begun blocking point of sale purchases over concerns debit cards may have been compromised by the massive data breach that hit Heartland Payment Systems in 2008.

08 Mar, 2010

Canada dumps paper cash for plastic Canada is set to dump cotton paper bank notes in favour of longer lasing plastic versions next year.

08 Mar, 2010

UK banking revolution: Metro wins FSA license; Virgin to charge monthly account fee The Financial Services Authority has granted a banking license to start-up Metro Bank, which promises to usher in a new era of financial services provision based on old-fashioned deposit-based lending and superior customer service standards.

08 Mar, 2010

LSE sells nine per cent stake in Turquoise The London Stock Exchange (LSE) has sold nine per cent of its 60% stake in the merged Turquoise and Baikal businesses to Barclays, JP Morgan Cazenove and Nomura, with each bank paying £1 million for a three per cent stake.

05 Mar, 2010

UK firms failing on PCI DSS compliance - survey The vast majority of UK firms have yet to be certified as PCI DSS compliant with a third unsure if they will meet an upcoming September deadline, according to research commissioned by vendor Tripwire.

05 Mar, 2010

Misys plans app store for BankFusion core banking package Core banking vendor Misys is planning to license its next-generation BankFusion platform to third party developers in an effort to promote the product as an industry tool.

05 Mar, 2010

Goldman PR chief sent up by Twitter imposter Goldman Sachs' combative chief spokesman Lucas Van Praag has fallen victim to a mocking impersonator on Twitter.

05 Mar, 2010

Tullett Prebon expands into valuations with acquisition of OTC Val Interdealer broker Tullett Prebon is to expand its market data business into valuations services with the acquisition of Vancouver-based OTC Valuations for an initial consideration of $0.6 million.