Latest news headlines: Finextra Research

Lloyds partners startups peddling bill payments tech and AI virtual assistants

Lloyds Banking Group is to test-drive technology presented by two of the ten companies participating in this year's Startupbootcamp demo day in London.

20 December 2016

/regulation

Euroclear pencils in 2017 for bullion on blockchain roll out

Euroclear is set for a 2017 go-live for the application of blockchain technology in the London bullion market after completing its first pilot trades.

19 December 2016

/retail

CBA cashes in Visa windfall to pay down software assets

Commonwealth Bank of Australia is selling its remaining stake in Visa Inc for $439 million and using the windfall to write off $275 million in software spending on digital and direct banking channels.

19 December 2016

/wholesale

SEB invests in local startup Leasify

Swedish bank SEB is to invest Skr10 million in local startup Leasify, which helps SMEs secure better deals for rental and leasing agreements.

19 December 2016

/retail

Fidor Bank and Token sign MoU

Germany's Fidor Bank is to integrate software from Silicon Valley-based Token into its banking-as-a-service middleware layer, providing an API-based ecosystem designed to help banks monetise their investment in the revised EU payment services directive, PSD2.

19 December 2016

/retail

ABN Amro tests distributed ledgers in real estate sector

ABN Amro's journey to explore the full potential of blockchain-based transactions in financial services has moved into the commercial real estate sector.

19 December 2016

/retail

Singapore's Senjō Group acquires Kalixa for EUR29 million

Singaporean-based payments investment firm Senjō Group has acquired the UK's Kalixa from GVC Holdings for a total consideration of EUR29 million.

19 December 2016

/retail

London pub trials self-service beer pump with contactless card reader

This Christmas drinkers in one London pub will be spared the ritual of frantically waving £20 notes at bar staff in an effort to grab their attention, thanks to a self-service beer pump with built-in contactless payment capabilities.

16 December 2016

/regulation

Guilty trader 'refuses' to turn over stolen software

An ex Goldman Sachs trader who stole software from his employer has disobeyed a judge's order to turn over the stolen intellectual property so that he can profit from it upon his release, a London court heard

16 December 2016

/retail

Turkey's Akbank facing $4m liability after hack

One of Turkey's largest banks could be liable for up to £4 million after suffering a cyber attack on the SWIFT global money transfer system, according to Reuters.

16 December 2016

/regulation

Banks should be liable for scam victims' losses says consumer group

Consumer group Which? has accused the UK's Payment System Regulator (PSR) of letting banks off the hook by not forcing them to reimburse customers who fall victim to online money transfer scams.

16 December 2016

/ai

Spanish fintech accelerator calls for international applicants

A Spanish bank-backed fintech incubator and accelerator is inviting startups from Europe and Latin America to apply for four-month programme at its base in Valencia.

16 December 2016