02 September 2015

Latest News

JPMorgan, Goldman Sachs and Morgan Stanley to create reference data company - WSJ
Wholesale banking

JPMorgan, Goldman Sachs and Morgan Stanley to create reference data company - WSJ

20 August 2015  |  7653 views  |  0 comments | 13 tweets | 13 linkedin

JPMorgan Chase, Goldman Sachs and Morgan Stanley are teaming up on a new company that will pull together clean reams of reference data, according to the Wall Street Journal.

PayPal buys 'contextual commerce' startup Modest
Retail banking

PayPal buys 'contextual commerce' startup Modest

20 August 2015  |  6197 views  |  0 comments | 8 tweets | 10 linkedin

PayPal has bought Modest, a 'contextual commerce' startup run by two former senior tech leads on Barack Obama's re-election campaign. Financial terms of the deal have not been disclosed.

Telcos and tech firms get Indian payment bank licences
Risk & regulation

Telcos and tech firms get Indian payment bank licences

19 August 2015  |  8610 views  |  5 comments | 34 tweets | 19 linkedin

In a move designed to boost financial inclusion, the Reserve Bank of India has given "in-principle" approval to 11 applicants - including telcos, tech firms and the country's postal service - seeking to set up so-called payments banks.

M-payments to hit $1 trillion by 2017; mobile to become main way to pay in UK
Payments

M-payments to hit $1 trillion by 2017; mobile to become main way to pay in UK

19 August 2015  |  12042 views  |  0 comments | 38 tweets | 40 linkedin

International Data Corporation (IDC) predicts worldwide mobile payments will account for $1 trillion in value in 2017, up 124% from the less than $500 billion expected in 2015.

Australian fixed income markets to shift to T+2 settlement
Risk & regulation

Australian fixed income markets to shift to T+2 settlement

19 August 2015  |  3075 views  |  1 comments | 4 tweets | 3 linkedin

The $1 trillion Australian bond and fixed income markets are to move to a T+2 settlement timeframe from early next year, complementing a similar constriction in the post-trade lifecycle in cash equities mandated by the Australian Stock Exchange.

Bank of England Twitter test scores home run
Wholesale banking

Bank of England Twitter test scores home run

19 August 2015  |  6286 views  |  0 comments | 17 tweets | 8 linkedin

An American football match in September led to some heart-stopping moments for a Bank of England team tasked with monitoring Twitter for sentiment about a potential bank run in the build up to the Scottish independence referendum.

Trading game helps FS firms pick job candidates
Wholesale banking

Trading game helps FS firms pick job candidates

19 August 2015  |  3646 views  |  0 comments | 13 tweets | 1 linkedin

Wall Street and City firms now have a new tool to help them sift through thousands of job applications: a virtual trading platform that uses social gaming, psychology and machine learning techniques to test candidates' mettle.

Target and Visa reach data breach settlement
Security

Target and Visa reach data breach settlement

18 August 2015  |  5586 views  |  1 comments | 6 tweets | 6 linkedin

Visa has reportedly reached a settlement of up to $67 million with Target to reimburse member banks for expenses accrued following the massive 2013 data breach at the US retail chain.

MasterCard trials selfie payments in the Netherlands and US
Security

MasterCard trials selfie payments in the Netherlands and US

18 August 2015  |  14510 views  |  3 comments | 53 tweets | 45 linkedin

MasterCard is embarking on two pilots, one in the US and one in the Netherlands, which use facial recognition technology for payment verification.

Visa and Qiwi combine for Russian mobile payments roll out
Mobile & online

Visa and Qiwi combine for Russian mobile payments roll out

18 August 2015  |  6452 views  |  1 comments | 7 tweets | 4 linkedin

Visa has installed its payWave application on Russia's popular Qiwi e-wallet, putting mobile contactless payments into the hands of millions of Russian consumers.

Previous 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 Next


Top topics

Most viewed Most shared
Third of Brits expect day-to-day mobile pa...
7886 views comments | 37 tweets | 15 linkedin
SunGard system glitch causes havoc for BNY...
7343 views comments | 14 tweets | 12 linkedin
Payments UK sets out vision for 'world cla...
6484 views comments | 17 tweets | 10 linkedin
HSBC glitch leaves thousands of customers...
5932 views comments | 13 tweets | 7 linkedin
Swedish mPOS firm iZettle raises EUR60m fo...
5791 views comments | 12 tweets | 8 linkedin