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

30 Jul, 2010

Security firm bids to map mobile app security flaws Smartphone security outfit Lookout has unveiled an 'App Genome Project', mapping mobile applications in order to identify potential threats.

30 Jul, 2010

PayPal makes Japan move PayPal is set to make a concerted effort to break the lucrative Japanese market, despite the absence of its parent eBay in the country.

30 Jul, 2010

Finextra takes a stand at Sibos 2010 Finextra is to move from a virtual backstage presence at this year's Swift international banking conference, to a live interactive studio at the heart of the Sibos 2010 exhibition floor in Amsterdam.

29 Jul, 2010

CESR signals MiFID overhaul The introduction of a European consolidated tape for EU market data is a "necessity" says the Committee of European Securities Regulators (CESR) in a report to the European Commission which calls for wide-ranging reforms to the structure of trading under a revised MiFID rulebook.

29 Jul, 2010

Santander to create 600 new UK jobs Santander UK is to create 600 new jobs in its branches and call centres as it continues to win market share.

29 Jul, 2010

Metro Bank opens doors as Virgin Money sets back launch date Metro Bank, the first new high street player to enter the UK market for over 100 years, has opened its doors to the public, running on a technology platform from Swiss vendor Temenos.

29 Jul, 2010

Massive cheque counterfeiting botnet ring uncovered Security outfit SecureWorks has uncovered a sophisticated cheque counterfeiting operation that deploys a network of botnets, malware and moneymules to steal, print and cash millions of dollars worth of bogus cheques.

29 Jul, 2010

Researcher shows off ATM 'jackpot' hacks A security researcher has demonstrated two hacks on ATMs, forcing the machines to spew out cash, at the Black Hat conference in Las Vegas.

28 Jul, 2010

Fall in number of data breaches - Verizon The number of electronic data breaches fell last year according to a report from Verizon and the US Secret Service which also shows that the top target for e-record thieves remains the financial services industry.

28 Jul, 2010

PE firm Actis buys out Mediterranean Smart Cards Company PE outfit Actis has led a management buy-out of African electronic payments processor Mediterranean Smart Cards Company (MSCC). Financial terms of the deal were not disclosed.

28 Jul, 2010

Westpac taps Fiserv for online overhaul Australia's Westpac has selected technology from US vendor Fiserv for an overhaul of its retail, business and corporate online services.

28 Jul, 2010

Semenchuk quits as Citi moves tech innovation unit to Silicon Valley Citigroup has shaken up its Growth Ventures and Innovation Unit as it looks to tap emerging technology from Silicon Valley tech firms to revitalise its retail banking operations.

28 Jul, 2010

Hong Kong's Octopus under fire for selling customer data Hong Kong transit payment card operator Octopus has admitted selling the personal data of nearly two million customers to business partners.

27 Jul, 2010

Aussie pleads guilty to bank Trojan charges An Australian man accused of infecting over 3000 computers with malware designed to steal banking and credit card details has pleaded guilty, according to local reports.

27 Jul, 2010

Over half of capital markets firms do not have real-time market surveillance Over half of capital markets firms do not use real-time market surveillance and monitoring tools despite a general recognition in the industry that greater transparency is needed to deal with abuse and irregular activity, according to a survey from Progress Software.

27 Jul, 2010

Nasdaq OMX agrees Smarts acquisition Nasdaq OMX has agreed a deal to buy Smarts Group, a privately-held Australian provider of market surveillance systems to exchanges, regulators and brokers. Financial terms were not disclosed.

27 Jul, 2010

Citi admits iPhone app security flaw Citi is advising customers to install an upgrade for its iPhone m-banking application after admitting a flaw in the previous version resulted in it improperly storing customer account information.

26 Jul, 2010

Hacktivists hit European Climate Exchange site A group of green 'hacktivists' have taken out the European Climate Exchange's Web site in a protest against carbon trading.

26 Jul, 2010

Nyse Euronext plans European corporate bonds MTF Nyse Euronext is set to launch a pan-European Multilateral Trading Facility (MTF) for corporate bonds.

26 Jul, 2010

Metro Bank inks exclusive 5 year deal with MasterCard Metro Bank, which will be the first new high street player to enter the UK market for 100 years when it opens its doors this week, has inked a five year exclusive deal with MasterCard for payment products.