27 February 2017
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UK challenger bank Starling is advising customers to change their passwords in the wake of a bug at internet infrastructure firm Cloudflare which saw sensitive information from some firms leaked.

Tax-payer owned Royal Bank of Scotland has pledged to take out a further £750 million in operating costs over the next year and £2.5 billion over the next four years after reporting widening losses, its ninth-successive year without a profit.

Contactless payment technology is migrating from the plastic card to high street jewellery and watch brands under deals agreed by Barclays with DCK Group and Tappy Technologies.

Japan's Mizuho says it has successfully completed trials that used distributed ledger technology for cross-border document sharing and a custom digital currency.

2016 saw a big increase in financial phishing and banking malware, with crooks particularly targeting Android users, according to cybersecurity specialist Kaspersky Lab.

Mobile-only bank Monzo has agreed a £19.5 million investment round with Thrive Capital, Passion Capital and Orange Digital Ventures and announced plans for a further £2.5 million crowdfunding raise.

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Bharti Airtel takes stake in fintech lending startup
Payments

Bharti Airtel takes stake in fintech lending startup

23 February 2017  | 0 comments | 5 tweets | 3 linkedin

Indian telco Bharti Airtel has acquired a stake in fintech loan startup Seynse Technologies.

Budding entrepreneurs looking for a career in the fast-growing financial technology industry can now sign up to the UK's first fintech undergraduate degree course at Wrexham Glyndwr University.

Bank of America first to launch Zelle P2P payments
Retail banking

Bank of America first to launch Zelle P2P payments

23 February 2017  | 0 comments | 12 tweets | 10 linkedin

Bank of America has become the first member of the US bank-backed Zelle network to roll out its P2P payments functionality.

Starling releases Open API, talks up marketplace model
Mobile & online

Starling releases Open API, talks up marketplace model

23 February 2017  | 0 comments | 19 tweets | 17 linkedin

UK challenger bank Starling is to release its API to third party developers as it undertakes its first hackathon and prepares for the forthcoming launch of its banking-as-a-service marketplace platform.

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