28 March 2015

Latest News

Retail banking

Canadians honour Nimoy by 'Spocking' bank notes

05 March 2015  |  3846 views  |  0 comments | 13 tweets | 8 linkedin

The craze for defacing Canadian $5 bills to make former prime minister Wilfrid Laurier look like Star Treck's Spock is not illegal but is "inappropriate," says the country's central bank.

Retail banking

Lloyds and AmEx back fintech startup competition

04 March 2015  |  7053 views  |  0 comments | 18 tweets | 2 linkedin

Some of the biggest names in financial services are throwing their weight behind a UK competition giving fintech startups the chance to win a share of a £175,000 cash prize pot.

Mobile & online

Bank of America sued over $1.03 million cyber-breach

04 March 2015  |  3815 views  |  0 comments | 8 tweets | 12 linkedin

A Washington hospital has filed a lawsuit against Bank of America to recover some of its losses from a $1 million cyber-breach in 2013.

Start ups

RBS transforms 'executive wing' into entrepreneurial hub

04 March 2015  |  5264 views  |  0 comments | 12 tweets | 6 linkedin

Government-owned lender RBS has found a novel use for its former 'executive wing' at its Scottish HQ, transforming the space into a startup accelerator for entrepreneurs and innovation.

Post-trade & ops

Temenos moves into fund admin with Multifonds acquisition

04 March 2015  |  2994 views  |  0 comments | 2 tweets | 8 linkedin

Core banking vendor Temenos is to move into the fast-growing funds admin business with a EUR235 million acquisition of Luxembourg-based Multifonds

Security

Swift Nordics Conference - Live Blog Day 1

04 March 2015  |  5393 views  |  1 comments | 3 tweets | 1 linkedin

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.

Mobile & online

Madrid's public transport system to trial mobile NFC ticketing

04 March 2015  |  3829 views  |  0 comments | 9 tweets | 7 linkedin

Madrid's public transport system operator is working with Telefonica, Samsung and Gemalto to pilot mobile NFC ticketing.

Retail banking

Criminals turning to social media to recruit money mules

04 March 2015  |  2470 views  |  0 comments | 11 tweets | 7 linkedin

Organised criminals are turning to social media to recruit members of the public to act as unsuspecting money mules for laundering dirty cash.

Payments

Oz telco Optus preps smartwatch payments

03 March 2015  |  3299 views  |  0 comments | 7 tweets | 4 linkedin

Australian telco Optus is planning to launch smartwatches and wristbands that let customers make contactless payments with the flick of a wrist.

Payments

Worldpay commits $1m to Georgia Tech fintech accelerator

03 March 2015  |  2563 views  |  0 comments | 4 tweets | 2 linkedin

Payment processor Worldpay is putting up $1 million to fund a new financial technology accelerator at Georgia Tech's Advanced Technology Development Center (ATDC).

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