21 May 2013

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Retail banking

CBA digital marketing chief Lark quits

17 May 2013 | 1565 views | 0

Commonwealth Bank of Australia chief marketing and online boss Andy Lark has quit the bank to pursue other interests.

Retail banking

SIA and Telecom Italia to develop mobile transit ticketing system

17 May 2013 | 5034 views | 0

Telecom Italia and SIA Group have bagged a deal to develop mobile purchasing and ticketing services for Italian transit companies TPER Transport Passenger Emilia-Romagna, ANM Napoli and Start Romagna

Post-trade & ops

JPMorgan Chase demands access to Bloomberg logs

16 May 2013 | 2485 views | 0

JPMorgan Chase lawyers have demanded that Bloomberg hand over five years of internal staff logs, in another sign of disquiet among financial firms over the extent of a snooping scandal at the market data vendor.

Retail banking

RBS to cut 1470 jobs in retail shake-up

16 May 2013 | 1989 views | 0

Royal Bank of Scotland is to shed a further 1470 jobs as it restructures its retail support operations.

Payments

Mobile payments expansion spawning criminal undergound

16 May 2013 | 3037 views | 1

The Anti-Phishing Working Group is calling for a global, co-ordinated response to the threat posed by mobile malware and an emerging underground criminal marketplace lured by an expansion in m-payments and banking.

Trade execution

AMF issues RFI for central securities data repository

16 May 2013 | 1519 views | 0

The Autorité des marchés financiers (AMF), the regulatory and oversight body for Québec's financial sector, has issued a Request for Information (RFI) for potential suppliers to tender for the creation of a new Market Analysis Platform (MAP).

Mobile & online

Google to use Gmail and Chrome assets to push Wallet uptake

16 May 2013 | 2958 views | 0

With its mobile wallet struggling to gain traction on the high street, Google is to use its extensive Web assets to spur uptake, announcing a new payments API for Chrome browsers and the ability to send money as a Gmail attachment.

Wholesale banking

Council of the European Union demands Sepa migration push

15 May 2013 | 2456 views | 1

Amid concerns that companies are failing to adequately prepare for February's Sepa migration deadline, the Council of the European Union has called on member states, banks and end users to redouble their efforts.

Retail banking

US govt freezes Mt. Gox account with Dwolla

15 May 2013 | 1798 views | 0

The US Department of Homeland Security has served payments start-up Dwolla with a court order telling it to stop processing transactions linked to bitcoin exchange MT. Gox.

Payments

PayPal and Square jostle for control of the cash register

15 May 2013 | 2730 views | 0

The battle for control of the merchant cash register has stepped up a gear with Square launching an iPad point-of-sale device and PayPal promising limited free payments processing to retailers that junk their old shopping tills in exchange for a feature rich iPad equivalent.