06 February 2016

Latest News

US sees repercussions from EMV as criminals switch tactics
Cards

US sees repercussions from EMV as criminals switch tactics

02 February 2016  |  4328 views  |  0 comments | 11 tweets | 14 linkedin

Incidents of new account fraud in the US doubled last year, as criminals switched tactics in response to the introduction of EMV chip cards.

BNP Paribas completes blockchain for transaction banking hackathon
Wholesale banking

BNP Paribas completes blockchain for transaction banking hackathon

02 February 2016  |  4718 views  |  1 comments | 15 tweets | 19 linkedin

BNP Paribas has confirmed its commitment to the distributed ledger movement in finance after completing its first 'Blockchain Bizhackathon' in the transaction banking arena.

Business lending startup Spotcap raises EUR31.5 million
Payments

Business lending startup Spotcap raises EUR31.5 million

02 February 2016  |  2301 views  |  0 comments | 7 tweets | 2 linkedin

Berlin-based online business lending platform Spotcap has secured EUR31.5 million in third round financing as it prepares to expand its operations globally.

ECB eyes up European P2P payments
Retail banking

ECB eyes up European P2P payments

02 February 2016  |  7477 views  |  6 comments | 27 tweets | 37 linkedin

The European Central Bank is working with a steering committee of major European banks on plans to develop a person-to-person mobile payment network for funds transfers across the Eurozone.

FTV Capital invests in UK wealth management outfit True Potential
Retail banking

FTV Capital invests in UK wealth management outfit True Potential

02 February 2016  |  1659 views  |  0 comments

British investor and wealth management technology platform True Potential has sold a "significant minority" stake to US private equity firm FTV Capital in a deal that values the fintech outfit at more than £150 million.

Payments UK launches Sepa directory and open API
Wholesale banking

Payments UK launches Sepa directory and open API

01 February 2016  |  4027 views  |  0 comments | 18 tweets | 13 linkedin

Trade association Payments UK has launched a directory designed to make it simpler for anyone making cross-border payments into Britain to check routing data.

Sony runs fintech challenge
Retail banking

Sony runs fintech challenge

01 February 2016  |  3186 views  |  0 comments | 15 tweets | 7 linkedin

Japanese multinational Sony has partnered with business matchmaking outfit Matchi to invite startups to compete for the chance to develop a proof-of-concept fintech application with the conglomerate.

OCBC Bank launches fintech innovation unit and accelerator
Start ups

OCBC Bank launches fintech innovation unit and accelerator

01 February 2016  |  3127 views  |  0 comments | 8 tweets | 1 linkedin

OCBC Bank has launched a fintech co-working space and innovation unit in Singapore and its first accelerator programme to identify and collaborate with innovative startups.

JPMorgan begins blockchain trial - FT
Post-trade & ops

JPMorgan begins blockchain trial - FT

01 February 2016  |  4240 views  |  0 comments | 19 tweets | 16 linkedin

JPMorgan has begun a trial project to test the use of blockchain technology in its loan trading operations, according to a report in the Financial Times.

Uber taps new Visa offers network
Mobile & online

Uber taps new Visa offers network

29 January 2016  |  6336 views  |  1 comments | 12 tweets | 20 linkedin

Uber is among the first firms to take advantage of a new Visa platform designed to help merchants team up to deliver offers to cardholders online and through apps.

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