28 June 2017
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HSBC has hired femtech heavyweight Diana Biggs as head of business model innovation for UK and Europe.

Banco Santander has appointed a nine-year veteran of US financial software house Intuit as chief digital and innovation officer.

Rabobank chairman of the executive board Wiebe Draijer has given an insight into his vision for the future of banking in the fintech age, arguing that providing knowledge and access to networks, not products, will be what drives his industry.

Nordic payments processor Nets is working with UK biometric company Sthaler to trial the use of finger vein recognition technology to authenticate users at the point-of-sale.

InvestCloud to open London fintech incubator
Retail banking

InvestCloud to open London fintech incubator

5 hours ago  | 0 comments | 4 tweets | 1 linkedin

California-based InvestCloud is opening a fintech incubator and accelerator in London, inviting firms to take advantage of its platform in developing digital wealth management tools.

BBVA brings Alipay to Spain
Payments

BBVA brings Alipay to Spain

6 hours ago  | 0 comments | 9 tweets | 7 linkedin

BBVA is to provide a bridgehead into Spain for Alipay, the QR code-based mobile payment service from Chinese giant Ant Financial.

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Mobile banking transactions in the UK are expected to more than double by 2022, while branch visits will dwindle to just four visits each year for the average consumer in the same period, according to figures produced by industry analyst group CACI.

Ingenico has led a seed funding round for Californian conversational commerce outfit Joinedapp.

Singapore to let banks move into e-commerce
Retail banking

Singapore to let banks move into e-commerce

20 hours ago  | 1 comments | 12 tweets | 25 linkedin

Singapore is changing its regulations to make it easier for banks to move into non-financial but complementary business areas such as e-commerce.

Several Ukrainian banks are understood to have been affected by what appears to be a coordinated ransomware cyberattack targeting firms around the world.

Latest company announcements

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