01 February 2015
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Mobile & online

Chase ditches Windows app

22 January 2015  |  4293 views  |  0 comments | 8 tweets | 4 linkedin

US banking giant Chase is pulling its Windows mobile app at the end of the month because of a lack of users, telling customers to access their accounts via their browsers.

Mobile & online

11% of Android banking apps 'suspicious' - RiskIQ

22 January 2015  |  4616 views  |  0 comments | 23 tweets | 14 linkedin

More than 11% of Android banking and finance-related apps contain malware or suspicious binaries, according to research from RiskIQ.

Cards

Cancer Research UK brings contactless donations to shop windows

21 January 2015  |  4877 views  |  1 comments | 10 tweets | 6 linkedin

Cancer Research UK has installed contactless payments technology in shop windows, enabling passersby to tap their cards to make donations.

Retail banking

Kansas City Fed to create 200 IT jobs

21 January 2015  |  1877 views  |  0 comments

The Federal Reserve Bank of Kansas City is hosting an open day for IT professionals as it prepares to embark on a hiring spree that will see it add 200 technology jobs over the next three years.

Payments

Thieves use iPod nano in low-tech ATM skimming fraud

21 January 2015  |  5980 views  |  1 comments | 8 tweets | 10 linkedin

Thieves in Manchester have been recycling redundant iPod nano devices to snap photos of consumers entering their PINs at an ATM machine in a somewhat crude take on traditional skimming fraud.

Mobile & online

Amazon retreats from mobile wallet space

21 January 2015  |  9247 views  |  1 comments | 38 tweets | 32 linkedin

Amazon has pulled the plug on its mobile wallet app following a disappointing six-month trial run.

Payments

Supreme Court declines retailers' interchange challenge

21 January 2015  |  4424 views  |  1 comments | 9 tweets | 8 linkedin

The US Supreme Court has rejected a challenge from retailers to the Federal Reserve's rules on interchange fees.

Retail banking

US credit union regulator coughs up $50k for lost thumb drive

20 January 2015  |  3347 views  |  0 comments | 1 tweets | 1 linkedin

America's credit union regulator has agreed to pay up to $50,000 to cover costs associated with a data breach that saw it lose a thumb drive handed over to one of its examiners by Palm Springs Credit Union.

Start ups

Financial institutions join record-breaking bitcoin funding round

20 January 2015  |  5770 views  |  0 comments | 14 tweets | 6 linkedin

Three major financial institutions have contributed to a record-breaking $75 million investment round in bitcoin startup Coinbase.

Payments

Regulate bitcoin, but leave the blockchain alone say banking trade bodies

20 January 2015  |  8706 views  |  7 comments | 32 tweets | 29 linkedin

The British Bankers Association and the Payments Council have called for the Government to take a 'light touch' to regulation of the underlying bitcoin blockchain technology, which they say has the potential to fundamentally change the way financial assets are transferred.

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