30 June 2015

Latest News

PayPal brings One Touch for the Web to UK and Canada
Retail banking

PayPal brings One Touch for the Web to UK and Canada

09 June 2015  |  3439 views  |  0 comments | 8 tweets | 9 linkedin

PayPal is to bring its One Touch for Web application to the UK and Canada, enabling consumers to pay for purchases online with a single click after their first login.

HSBC to slash jobs and overhaul IT
Wholesale banking

HSBC to slash jobs and overhaul IT

09 June 2015  |  6116 views  |  6 comments | 16 tweets | 9 linkedin

HSBC is to shed 50,000 jobs globally in a major restructuring that is intended to save the bank $5 billion per annum by 2017.

Zapp gears up for launch
Retail banking

Zapp gears up for launch

09 June 2015  |  6404 views  |  7 comments | 13 tweets | 19 linkedin

The day after it emerged that Apple Pay is on its way to the UK, local rival Zapp has sought to grab some of the limelight by unveiling its new 'Pay by Bank app' consumer brand.

LHV Bank uses blockchain tech to issue receivables claims
Retail banking

LHV Bank uses blockchain tech to issue receivables claims

09 June 2015  |  9413 views  |  0 comments | 26 tweets | 16 linkedin

Estonia's LHV Bank is tapping blockchain technology for an experiment that will see it issue EUR100,000 worth of "cryptographically protected" receivables claims against the bank.

TfL on-board for Apple Pay's UK launch
Retail banking

TfL on-board for Apple Pay's UK launch

08 June 2015  |  6692 views  |  3 comments | 25 tweets | 41 linkedin

Apple Pay will launch in the UK in July, with eight of the country's biggest banks, a host of merchants, and Transport for London all on-board.

Overstock issues first 'cryptobond'
Virtual currency

Overstock issues first 'cryptobond'

08 June 2015  |  2725 views  |  1 comments | 8 tweets | 6 linkedin

Online retailer Overstock is to issue its first digital corporate bond using the technology that underlies cryptocurrencies such as bitcoin.

Andy Murray joins Seedrs Advisory Board
Retail banking

Andy Murray joins Seedrs Advisory Board

08 June 2015  |  2275 views  |  0 comments | 3 tweets | 1 linkedin

British tennis champion Andy Murray has entered a long-term partnership with Seedrs, the London-based equity crowdfunding platform.

TransferWise breaks £500 million per month milestone
Wholesale banking

TransferWise breaks £500 million per month milestone

08 June 2015  |  3930 views  |  0 comments | 11 tweets | 8 linkedin

London-based money transfer startup TransferWise says it is now processing £500 million a month on its platform, saving customers some £22 million in fees compared to equivalent bank rates.

Renault enters UK banking market
Retail banking

Renault enters UK banking market

08 June 2015  |  4521 views  |  0 comments | 19 tweets | 17 linkedin

The financing arm of French car manufacturer Renault is to enter the UK banking market with the launch of an easy-access savings account.

Vodafone Turkey secures mobile wallet with eye verification tech
Retail banking

Vodafone Turkey secures mobile wallet with eye verification tech

08 June 2015  |  8690 views  |  0 comments | 12 tweets | 5 linkedin

Vodafone's Turkish arm is using technology from EyeVerify to enable customers to open its mobile wallet simply by looking at their handsets.

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