18 December 2017
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Retailers eye the potential of Open Banking
Mobile & online

Retailers eye the potential of Open Banking

9 hours ago  | 3 comments | 10 tweets | 15 linkedin

Large retailers are eyeing up the potential benefits of the forthcoming introduction of revised payment rules in Europe, with a sizeable proportion planning to tap directly into consumer account data to drive down transaction fees, tailor products, and create innovative loyalty programmes, according to research from Accenture.

NCR has teamed up with UAE cryptocurrency exchange CoinHub to enable users to make cash withdrawals from their bitcoin accounts at the ATM.

Gemalto has spurned overtures from Atos and instead accepted a EUR4.8 billion takeover deal from fellow French company Thales.

Bloomberg is to provide forex traders with pricing on alternative virtual currencies, including Ether, Ripple's XRP and litecoin, alongside bitcoin charts as speculative investors pile into crypto-markets.

Bob Diamond weighs £10 million stake in Tandem
Start ups

Bob Diamond weighs £10 million stake in Tandem

10 hours ago  | 0 comments | 2 tweets | 3 linkedin

Former Barclays boss Bob Diamond is reportedly eyeing a potential £10 million investment in UK challanger bank Tandem.

Go-Jek, Indonesia's answer to Uber, has acquired three fintech startups as it bids to establish itself as a major digital payments player.

Features and analysis

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UK digital banking startup Loot has secured an additional £2.2 million in seed financing, taking total funding to £6 million.

A US judge has dismissed a lawsuit brought by the New York Department of Financial Services (NYDFS) seeking to block plans by the Office of the Comptroller of the Currency (OCC) to grant fintech charters.

As MiFID II looms into view, Swiss bank UBS is leading a pilot that will use Ethereum smart contracts to improve the quality of counterparty reference data through anonymous reconciliation.

Credit Suisse has acquired a ten percent stake in Singaporean digital wealth aggregation platform Canopy.

Latest company announcements

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