Innovation

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/Innovation

Payment apps need to be secure and 'easy to use'

Sandra Alzetta, head of mobile business unit, Visa Europe discusses the key to successful banking apps and the future of NFC for payments.

/Innovation

Dassault to sponsor '3D Fintech Challenge' at Level39

French software house Dassault Systèmes is to sponsor a '3D Fintech Challenge' at Canary Wharf-based accelerator space Level39 in a bid to find new applications for integrating disparate data sets within financial services firms.

/Innovation

HSBC seeks 'sexy' data scientists

Banking giant HSBC is embarking on an egghead recruiting spree, advertising the "sexiest job of the 21st century"...data scientist.

/Innovation

Live blog - M-commerce, what do consumers want from financial institutions?

The Future Foundation, along with Monitise, showcased their new report M-commerce: What consumers want from financial institutions at the Oxo Tower in London Wednesday. Finextra was there to live blog the event. You can also follow along on the hashtag #mcommerce.

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Zapp chooses Oracle for mobile commerce platform

Zapp, the British mobile commerce company recently set up by VocaLink, has called in Oracle to help build its technology platform.

/Innovation

SocGen begins national commercial roll out of mobile NFC

After years of pilot trials and road tests, French bank Société Générale is set to launch its first national commercial application of NFC-based mobile payments.

/Innovation

Simple brings 40k customers on-board in first year

A year after opening its virtual doors to the public, American digital banking platform Simple says it has 40,000 customers and is processing more than $1 billion in transactions annually.

/Innovation

Predictious lets gamblers bet bitcoins on royal baby sex

Gamblers with a predilection for decentralised and anonymous currencies finally have a place to place their bets thanks to the opening of bitcoin-based prediction market, Predictious.

/Innovation

Swift draws a veil over failed community network

Inter-bank co-operative Swift is to shut down its proprietary social network Swiftcommunity.net, after the forum failed to gain traction among users.

/Innovation

Fintech start-ups get chance to wow Wall Street

Financial technology start-ups have been showing off their wares to top executives from Wall Street at the third annual FinTech Innovation Lab 'Demo Day' in New York.

/Innovation

PKO Bank Polski launches online account for kids

PKO Bank Polski has unveiled an online bank account for young children, where they can receive pocket money, set savings goals and top up their mobile phones.

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Braintree signs Simple to one-touch mobile payments tech

Braintree has begun offering its Venmo Touch mobile payments tool to banks, signing up Simple as the first partner to integrate the technology into its app.

/Innovation

UK govt opens midata innovation lab

The UK government has opened its 'midata' innovation lab, enabling businesses to collect consumer data and use it to build apps that will help Brits manage their money.

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Standard Treasury bids to ease commercial banking pain

A US start-up called Standard Treasury has developed a series of APIs designed to ease access to commercial banking services for small businesses.

/Innovation

Kipochi integrates bitcoin wallet with M-Pesa

Kenyan bitcoin wallet Kipochi has launched a service which enables people to send and receive the virtual currency and convert it to and from an M-Pesa balance.

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What part do banks play in the mPOS market?

Tim Corke, VP mPOS at Monitise discusses the emerging mobile point of sale market.

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PayPal lets French users top up friends' mobile phones

PayPal is targeting the remittance market with a new service that enables French users to top up the mobile phone pre-paid credit of friends and family around the world.

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Polish banks prep mobile payments system to take on card schemes

A group of six leading Polish banks have agreed to come together to define a common standard for mobile payments, creating a system that could threaten the dominance of Visa and MasterCard.

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Banks have a place in the bitcoin economy

Stefan Thomas, senior developer at Ripple, a peer-to-peer payments network that supports bitcoin, told Finextra that he sees not just big business getting in on the act but the banking industry, too.

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Germany's Wüstenrot Bank pilots retailer cashback loyalty platform

Germany's Wüstenrot Bank is piloting a new cashback loyalty programme from Red Zebra Analytics which presents targeted retailer offers to customers whenever they log in to their online bank account.