24 July 2016
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Apps crush internet for UK banking logins
Mobile & online

Apps crush internet for UK banking logins

22 July 2016  | 1 comments | 6 tweets | 15 linkedin

The number of internet banking logins made by Brits each day fell last year, as customers continued to migrate to apps, BBA research shows.

UK and South Korea build 'fintech bridge'
Wholesale banking

UK and South Korea build 'fintech bridge'

22 July 2016  | 0 comments | 4 tweets | 8 linkedin

The UK and South Korea have formed a "fintech bridge" that will help financial technology firms and investors from each country gain access to the other.

LME hit by second problem in a week
Wholesale banking

LME hit by second problem in a week

22 July 2016  | 0 comments | 2 tweets | 1 linkedin

It has been a week to forget for the London Metal Exchange after it was forced to delay trading on Friday by four hours due to a connectivity issue with an external network provider, according to Bloomberg.

MasterCard is considering an application to become a licenced payment services provider in China, according to Reuters.

Thailand considers fintech regulation
Wholesale banking

Thailand considers fintech regulation

22 July 2016  | 0 comments | 6 tweets | 8 linkedin

Thailand's central bank has called for more regulation of the country's growing fintech sector in order to prevent systemic risk and protect consumers.

Rivals Visa and PayPal set out on 'new path'
Mobile & online

Rivals Visa and PayPal set out on 'new path'

21 July 2016  | 2 comments | 7 tweets | 17 linkedin

PayPal has agreed to make it easier for customers to pay with their Visa cards in exchange for long-term "fee certainty" from the card scheme.

Features and analysis

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Barclays enlists Samsung for internal hackathon
Payments

Barclays enlists Samsung for internal hackathon

21 July 2016  | 0 comments | 2 tweets | 11 linkedin

Barclays has teamed up with Samsung on an internal hackathon in which the bank's staffers work to build mobile services that tap the electronics giant's security technology.

MasterCard agrees £700m VocaLink acquisition
Retail banking

MasterCard agrees £700m VocaLink acquisition

21 July 2016  | 14 comments | 32 tweets | 37 linkedin

MasterCard has agreed to pay about £700 million to buy 92.4% of VocaLink, the bank-owned operator of the UK's Faster Payments system and Zapp mobile service.

The UK's largest retail banks have called on the government to compel smaller, challenger banks to share the cost of financial inclusion by also offering loss-leading fee-free banking accounts.

N26 granted German banking licence
Start ups

N26 granted German banking licence

21 July 2016  | 0 comments | 7 tweets | 12 linkedin

N26, the Berlin-based challenger bank formerly known as Number26, has been awarded a full banking licence in Germany, aiding its push to expand its mobile banking service across Europe.

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