31 July 2014

Latest News

Cards

Hungarian mobile wallet trials declared a success

04 July 2014  |  5164 views  |  0

The bank- and telco-backed Hungarian Mobile Wallet Association is preparing for a full-scale commercial roll-out after reviewing largely positive feedback from a year-long pilot trial of its NFC-based m-payment service.

Mobile & online

Barclays scores govt cyber security certification for digital banking services

04 July 2014  |  7274 views  |  0

Barclays has become the first major organisation to receive a new UK government cyber security certification for its digital banking services.

Payments

CaixaBank to roll out contactless wristbands

03 July 2014  |  8806 views  |  2

CaixaBank is to distribute 15,000 contactless wristbands to customers over the summer, staking a claim to being the largest wearable payments programme in Europe.

Cards

Google 'pirate' Makoski joins Capital One

03 July 2014  |  3621 views  |  0

Google design whiz Dan Makoski is quitting the search giant's free-thinking Project Ara 'pirate' mobile development division to join Capital One as VP of design, with an initial focus on m-commerce and payments.

Wholesale banking

Goldman goes to court to get Google to delete email containing client data

03 July 2014  |  3373 views  |  1

Goldman Sachs has gone to court to get Google to delete an email containing "highly confidential" client data because it was sent to the wrong recipient.

Payments

Brazilian scammers score $3.75 billion in malware bank fraud

03 July 2014  |  5000 views  |  3

Brazilian criminal gangs have netted $3.75 billion in a micro-transaction fraud that compromises transactions made using the popular Boleto payment method.

Payments

Santander launches $100m fintech venture fund

03 July 2014  |  7903 views  |  0

Spanish banking giant Santander has launched a $100 million, London-based fintech venture capital fund as it bids to get in on the ground floor at startups leading the financial services digital revolution.

Retail banking

Visa and MasterCard given Russian boost

02 July 2014  |  4205 views  |  1

Visa and MasterCard may escape having to pay billions of dollars in security deposits to carry on operating in Russia after the country's central bank rowed back on its initial demands.

Wholesale banking

Level39 gets Intel Inside

02 July 2014  |  3343 views  |  1

Intel has partnered with UK tech accelerator space Level39 to provide startups with access to its industry expertise, contacts, data sets and next-generation hardware.

Mobile & online

Fiserv partners Anthony Thomson on tech platform for new UK banks

02 July 2014  |  4339 views  |  0

Metro Bank and Atom Bank founder Anthony Thomson has teamed up with fintech vendor Fiserv to develop a technology platform designed to help the raft of new challengers bidding to enter the UK banking market.

Post-trade & ops

Markit sells Boat trade reporting service to Cinnober

02 July 2014  |  2839 views  |  0

Swedish trading technology vendor Cinnober has bought the Boat trade reporting service from Markit. Financial terms of the deal were not disclosed.

Retail banking

Digital challenger Atom Bank scores investment

01 July 2014  |  3996 views  |  0

British digital banking startup Atom Bank has secured a six-figure investment from Newcastle-based Middleton Enterprises.

Mobile & online

Smartphone users still wedded to the branch - BofA survey

01 July 2014  |  3482 views  |  0

Almost one in two US smartphone users admit they wouldn't last a day without their mobile, and many consider their devices more important than daily staples such as coffee and television, according to a new report by Bank of America.

Retail banking

Moven raises $8m ahead of international push

01 July 2014  |  5391 views  |  0

US mobile-centric financial services provider Moven has raised $8 million in a series a funding round led by SBT Ventures.

Retail banking

Dotcom survivor Yodlee files for IPO

01 July 2014  |  3478 views  |  1

Dotcom boom survivor Yodlee is finally ready to go public, fifteen years after makingg its debut as a novel screen-scraping service for bank account aggregation.

Cards

First direct makes high street debut

01 July 2014  |  3606 views  |  1

UK online and telephone bank first direct is to make its debut on the high street with its own branded ATMs.

Security

NoW hacker Glenn Mulcaire used ATM for phone hacking

01 July 2014  |  3323 views  |  3

Glenn Mulcaire, the private investigator at the centre of the News of the World scandal, hacked a cash machine and used its phone line to gain access to victims' voicemails.

Wholesale banking

Deutsche Bourse launches 'Open Innovation' forum

01 July 2014  |  3830 views  |  0

Deutsche Bourse has launched an 'Open Innovation' forum with the aim of building a community to incubate, develop and accelerate new business ideas coming from outside the group

Mobile & online

SBI targets young customers with digital branches

01 July 2014  |  2943 views  |  0

State Bank of India (SBI) has opened six digital branches as part of a campaign to attract young customers who have grown up in the internet and mobile era.

Trade execution

First Derivatives creates 484 Northern Ireland jobs

30 June 2014  |  2423 views  |  0

Capital markets tech house First Derivatives will create nearly 500 jobs at its headquarters in Newry, Northern Ireland, after scoring a £3.9 million government grant.

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